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
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan 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
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.