Análisis Chartista

Market Data

Name: Deoleo SA
Country: Spain
ISIN: ES0110047919
RIC: OLE.MC
Short term opinion: Limited decline
Short term Evol.:
Mid term opinion: Consolidation
Mid term Evol.:
Last: 0,11
Pivot: 0,11
Supports: 0,09 / 0,08 / 0,08
Resistances: 0,11 / 0,12 / 0,13
12/10/2018 10:49

Deoleo SA ST: the RSI is oversold


Alternative scenario: the upside breakout of 0.113 would call for 0.123 and 0.128.

Our pivot point stands at 0.113.

Our preference: the downside prevails as long as 0.113 is resistance.

Alternative scenario: above 0.113, look for 0.123 and 0.128.

Comment: the RSI is below 30. It could either mean that the stock is in a lasting downtrend or just oversold and therefore bound to retrace (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 0.12 and 0.14). Deoleo SA is currently trading near its 52 week low at 0.11 reached on 11/10/18.

Supports and resistances:
0.128 **
0.123 *
0.113 **
0.11
0.1056 (EUR-last)
0.094
0.089 **
0.083 *
0.078 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 10-12-2018 at 11:49 UTC+1
Price reference: 0.11 last known on 10-12-2018 at 11:49 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.
Deoleo SALimited declineConsolidation
Deoleo SALimited riseConsolidation
Deoleo SALimited riseConsolidation
Deoleo SALimited riseConsolidation
Deoleo SALimited riseConsolidation
Deoleo SALimited riseConsolidation
Deoleo SALimited declineConsolidation
Deoleo SALimited declineConsolidation
Deoleo SALimited declineConsolidation
Deoleo SALimited riseConsolidation