Análisis Chartista

Market Data

Name: CIE Automotive
Country: Spain
ISIN: ES0105630315
RIC: CIEA.MC
Short term opinion: Limited decline
Short term Evol.:
Mid term opinion: Consolidation
Mid term Evol.:
Last: 21,56
Pivot: 22,80
Supports: 19,20 / 18,50 / 17,80
Resistances: 22,80 / 24,10 / 24,80
26/10/2018 09:07

CIE Automotive ST: the downside prevails as long as 22.8 is resistance


The configuration is negative.

Our pivot point is at 22.8.

Our preference: the downside prevails as long as 22.8 is resistance.

Alternative scenario: the upside breakout of 22.8 would call for 24.1 and 24.8.

Comment: the RSIis below 50. 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 23.71 and 25.03). CIE Automotive is currently trading near its 52 week low at 20.94 reached on 12/12/17.

Supports and resistances:
24.8 **
24.1 *
22.8 **
22.3
21.56 (EUR-last)
19.9
19.2 **
18.5 *
17.8 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 10-26-2018 at 10:07 UTC+1
Price reference: 21.56 last known on 10-26-2018 at 10:07 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.
CIE AutomotiveLimited riseConsolidation
CIE AutomotiveLimited riseConsolidation
CIE AutomotiveLimited riseConsolidation
CIE AutomotiveLimited declineConsolidation
CIE AutomotiveLimited riseConsolidation
CIE AutomotiveLimited riseConsolidation
CIE AutomotiveLimited declineConsolidation
CIE AutomotiveLimited riseConsolidation
CIE AutomotiveLimited riseConsolidation
CIE AutomotiveLimited declineConsolidation