Análisis Chartista

Market Data

Name: Cia de Distribucion Integral Logista
Country: Spain
ISIN: ES0105027009
RIC: LOG.MC
Short term opinion: Limited decline
Short term Evol.:
Mid term opinion: Limited rise
Mid term Evol.:
Last: 20,52
Pivot: 21,00
Supports: 19,00 / 18,60 / 18,30
Resistances: 21,00 / 21,60 / 22,00
11/10/2018 09:09

Cia de Distribucion Integral Logista ST: the RSI is oversold


The MACD is below its signal line and negative.

Our pivot point stands at 21.

Our preference: the downside prevails as long as 21 is resistance.

Alternative scenario: the upside breakout of 21 would call for 21.6 and 22.

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 below its signal line and negative. The configuration is negative. Moreover, the stock is trading under both its 20 and 50 day MA (respectively at 21.79 and 22.33). Finally, Cia de Distribucion Integral Logista has penetrated its lower daily Bollinger band (20.59).

Supports and resistances:
22 **
21.6 *
21 **
20.8
20.52 (EUR-last)
19.3
19 **
18.6 *
18.3 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 10-11-2018 at 10:09 UTC+1
Price reference: 20.52 last known on 10-11-2018 at 10:09 UTC+1
Investment horizon: ST

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Legend:  * = Intermediate level    ** = Strong level    *** = Very strong level
 Name  Short term opinion Short term Evol. Mid term opinion Mid term Evol.
Cia de Distribucion Integral LogistaLimited riseLimited rise
Cia de Distribucion Integral LogistaLimited declineLimited rise
Cia de Distribucion Integral LogistaLimited riseLimited rise
Cia de Distribucion Integral LogistaLimited riseLimited rise
Cia de Distribucion Integral LogistaLimited riseLimited rise
Cia de Distribucion Integral LogistaLimited declineLimited rise
Cia de Distribucion Integral LogistaLimited declineLimited rise
Cia de Distribucion Integral LogistaLimited riseLimited rise
Cia de Distribucion Integral LogistaLimited riseLimited rise
Cia de Distribucion Integral LogistaLimited riseLimited rise