Name: Deoleo SA
Short term opinion: Limited decline
Short term Evol.:
Mid term opinion: Consolidation
Mid term Evol.:
Supports: 0,13 / 0,12 / 0,12
Resistances: 0,15 / 0,15 / 0,15
Deoleo SA ST: the RSI is oversold
The configuration is negative.
Our pivot point is at 0.146.
Our preference: the downside prevails as long as 0.146 is resistance.
Alternative scenario: above 0.146, look for 0.151 and 0.154.
Comment: the RSI is trading below 30. This could mean that either the stock is in a lasting downtrend or just oversold and that therefore a rebound could shape (look for bullish divergence in this case). The MACD is negative and below its signal line. The configuration is negative. Moreover, the share stands below its 20 and 50 day MA (respectively at 0.16 and 0.17). Deoleo SA is currently trading near its 52 week low at 0.13 reached on 12/09/18.
Supports and resistances:
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 09-14-2018 at 14:51 UTC+1
Price reference: 0.14 last known on 09-14-2018 at 14:51 UTC+1
Investment horizon: ST
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Legend: * = Intermediate level ** = Strong level *** = Very strong level
|Date/Time||Name||Last||Short term opinion||Short term Evol.||Mid term opinion||Mid term Evol.|
|15/02/2019||Deoleo SA||0,08||Limited decline||Consolidation|
|08/02/2019||Deoleo SA||0,08||Limited rise||Consolidation|
|31/01/2019||Deoleo SA||0,09||Limited rise||Consolidation|
|24/01/2019||Deoleo SA||0,08||Limited rise||Consolidation|
|17/01/2019||Deoleo SA||0,07||Limited rise||Consolidation|
|10/01/2019||Deoleo SA||0,07||Limited rise||Consolidation|
|03/01/2019||Deoleo SA||0,07||Limited decline||Consolidation|
|31/12/2018||Deoleo SA||0,06||Limited decline||Consolidation|
|21/12/2018||Deoleo SA||0,07||Limited decline||Consolidation|
|07/12/2018||Deoleo SA||0,09||Limited rise||Consolidation|