๐ Key Technical Indicators
Moving Averages: The stock is trading below its 5-day, 50-day, and 200-day moving averages, all indicating a sell trend.
Relative Strength Index (RSI): The 14-day RSI stands at 39.62, suggesting the stock is in a neutral to bearish condition.
MACD: The MACD is negative, reinforcing the bearish trend.
๐ Support and Resistance Levels
Support Levels: โน37.84 (weekly pivot), โน37.56 (short-term support), โน36.07 (lower range of horizontal trend).
Resistance Levels: โน39.75 (weekly pivot), โน39.59 (near-term resistance), โน41.08 (upper range of horizontal trend).
๐ Trend Analysis
The stock is moving within a wide and horizontal trend, with a 90% probability of trading between โน36.07 and โน41.08 over the next three months.
โ ๏ธ Outlook
The prevailing trend is bearish, with no significant positive signals at the moment. A break above the resistance levels could indicate a potential reversal, but currently, the stock remains under pressure.
Moving Averages: The stock is trading below its 5-day, 50-day, and 200-day moving averages, all indicating a sell trend.
Relative Strength Index (RSI): The 14-day RSI stands at 39.62, suggesting the stock is in a neutral to bearish condition.
MACD: The MACD is negative, reinforcing the bearish trend.
๐ Support and Resistance Levels
Support Levels: โน37.84 (weekly pivot), โน37.56 (short-term support), โน36.07 (lower range of horizontal trend).
Resistance Levels: โน39.75 (weekly pivot), โน39.59 (near-term resistance), โน41.08 (upper range of horizontal trend).
๐ Trend Analysis
The stock is moving within a wide and horizontal trend, with a 90% probability of trading between โน36.07 and โน41.08 over the next three months.
โ ๏ธ Outlook
The prevailing trend is bearish, with no significant positive signals at the moment. A break above the resistance levels could indicate a potential reversal, but currently, the stock remains under pressure.
I built a Buy & Sell Signal Indicator with 85% accuracy.
๐ Get access via DM or
WhatsApp: wa.link/d997q0
| Email: techncialexpress@gmail.com
| Script Coder | Trader | Investor | From India
๐ Get access via DM or
WhatsApp: wa.link/d997q0
| Email: techncialexpress@gmail.com
| Script Coder | Trader | Investor | From India
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
I built a Buy & Sell Signal Indicator with 85% accuracy.
๐ Get access via DM or
WhatsApp: wa.link/d997q0
| Email: techncialexpress@gmail.com
| Script Coder | Trader | Investor | From India
๐ Get access via DM or
WhatsApp: wa.link/d997q0
| Email: techncialexpress@gmail.com
| Script Coder | Trader | Investor | From India
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.