Technical analysis

The information in this section is provided by Noesis Tech Analysis not Barclays.

This share factsheet isn’t an investment recommendation. We don’t offer personal advice so if you’re unsure, please seek independent advice. Remember, the value of investments can fall as well as rise and you may get back less than you invest.

Trend

The trend arrows show short, mid and long term signal.

  • Short term:

    Strong Bullish

  • Medium term:

    Bullish

  • Long term:

    Bullish

Short term comment

The trading environment is bullish but very close to the support and critical area that today generates the upward guideline in 4028.368 levels. The 4028.368 - 3700.616 range represents an area of ??greater neutrality, so the loss of 4028.368 would prevent a bullish rating.

Long term comment

Between april 23 and june 4 a bearish phase took place and moved the price from 3039.796 to 1815.944. This phase was corrected by a significative upward reaction that returned the price to 4141.591 levels on the 26th of august. After this, the current fall from 4141.591 to 4074.000 has not reached the previous lows in 1815.944, an area of important support.

Technical outlook

Bullish in the long term, although it must still break above the resistance at 21.07 to slightly improve in the short term.

Technical Comment: Outperform

Oscillators

Moving average

View technical details

Pivot points

Pivot points
Support 3 Support 2 Support 1 Resistance 1 Resistance 2 Resistance 3
4060.0000 4076.0000 4086.0000 4102.0000 4108.0000 4124.0000

Alerts

Alerts
Priority Date Warning
Medium priority 08/10/25 Being near (above) the short-term moving average, the price may react temporarily to the upside. However, a break below would turn the signal bearish.
Medium priority 08/10/25 Being near (above) the short-term moving average, the price may react temporarily to the upside. However, a break below would turn the signal bearish.
Medium priority 08/10/25 Being near (above) the short-term moving average, the price may react temporarily to the upside. However, a break below would turn the signal bearish.
High priority 08/10/25 The price is close to support. It is recommended to monitor whether buyers regain control as the level is reached.
High priority 08/10/25 Price in resistance area. Breaking it would be a positive signal, but consider the possibility of noise (false breaks) around the level.
Medium priority 07/10/25 Being near (above) the short-term moving average, the price may react temporarily to the upside. However, a break below would turn the signal bearish.
Medium priority 07/10/25 Being near (above) the short-term moving average, the price may react temporarily to the upside. However, a break below would turn the signal bearish.
Medium priority 07/10/25 Being near (above) the short-term moving average, the price may react temporarily to the upside. However, a break below would turn the signal bearish.
High priority 07/10/25 The price is close to support. It is recommended to monitor whether buyers regain control as the level is reached.
Medium priority 07/10/25 Some weakness shown by the fast stochastic may keep a lid on any meaningful positive move.
High priority 07/10/25 Price in resistance area. Breaking it would be a positive signal, but consider the possibility of noise (false breaks) around the level.

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