Análisis Chartista

Market Data

Name: Inmobiliaria Colonial
Country: Spain
ISIN: ES0139140018
RIC: CAR.MC
Short term opinion: Limited decline
Short term Evol.:
Mid term opinion: Limited decline
Mid term Evol.:
Last: 8,36
Pivot: 8,75
Supports: 7,96 / 7,84 / 7,70
Resistances: 8,75 / 8,97 / 9,10
12/10/2018 11:01

Inmobiliaria Colonial ST: the RSI is oversold


Our preference: the downside prevails as long as 8.75 is resistance.

Our pivot point stands at 8.75.

Our preference: the downside prevails as long as 8.75 is resistance.

Alternative scenario: the upside breakout of 8.75 would call for 8.97 and 9.1.

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 share stands below its 20 and 50 day MA (respectively at 8.93 and 9.14). Finally, Inmobiliaria Colonial has penetrated its lower daily Bollinger band (8.41).

Supports and resistances:
9.1 **
8.97 *
8.75 **
8.66
8.355 (EUR-last)
8.1
7.96 **
7.84 *
7.7 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 10-12-2018 at 12:01 UTC+1
Price reference: 8.36 last known on 10-12-2018 at 12:01 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.
Inmobiliaria ColonialLimited declineLimited decline
Inmobiliaria ColonialLimited riseConsolidation
Inmobiliaria ColonialLimited riseConsolidation
Inmobiliaria ColonialLimited riseLimited decline
Inmobiliaria ColonialLimited declineLimited decline
Inmobiliaria ColonialLimited declineLimited decline
Inmobiliaria ColonialLimited declineLimited decline
Inmobiliaria ColonialLimited declineConsolidation
Inmobiliaria ColonialLimited riseConsolidation
Inmobiliaria ColonialLimited declineConsolidation