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:

    Strong Bullish

  • Long term:

    Strong Bullish

Short term comment

The price curve displays a trend bullish placing the price at 1906.174 levels, especially critical support below which the technical rating would go to a neutral state. Upward, it is advisable to monitor resistive levels of 2276.8 and 2491.2 that would warn of an improvement in technical bias.

Long term comment

The fall in prices from 5528.238, to 1387.568 drilled the previous lows, in november 2021, at 4364.676, looking for lower levels up to 1387.568 (30-october-2022). The current uptrend, however, is limited, since it does not show a solid overrun of the aforementioned benchmark of 4364.676, levels.

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
1848.0000 1955.2000 1992.6000 2099.8000 2169.6000 2276.8000

Alerts

Alerts
Priority Date Warning

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