Name: Sol Melia
Short term opinion: Limited rise
Short term Evol.:
Mid term opinion: Consolidation
Mid term Evol.:
Supports: 8,23 / 7,70 / 7,39
Resistances: 9,80 / 10,12 / 10,45
Sol Melia ST: short term rebound towards 9.8
Alternative scenario: the downside breakout of 8.23 would call for 7.7 and 7.39.
Our pivot point is at 8.23.
Our preference: short term rebound towards 9.8.
Alternative scenario: below 8.23, expect 7.7 and 7.39.
Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the stock is trading above its 20 day MA (8.77) but under its 50 day MA (9.14).
Supports and resistances:
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autoritédes Marchés Financiers and registered with ORIAS under number 17005458.
Written on 11-22-2018 at 16:20 UTC+1
Price reference: 8.79 last known on 11-22-2018 at 16:20 UTC+1
Investment horizon: ST
TRADING CENTRAL recommends reading the legal and regulatory information as well as the warnings concerning the information provided accessible from the following link : https://www.tradingcentral.com/terms-of-use/
Copyright 1999 - 2018 TRADING CENTRAL
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||Sol Melia||8,66||Limited decline||Consolidation|
|08/02/2019||Sol Melia||8,69||Limited decline||Consolidation|
|31/01/2019||Sol Melia||8,75||Limited rise||Consolidation|
|24/01/2019||Sol Melia||9,04||Limited rise||Consolidation|
|17/01/2019||Sol Melia||8,59||Limited rise||Consolidation|
|09/01/2019||Sol Melia||8,66||Limited rise||Consolidation|
|02/01/2019||Sol Melia||8,24||Limited rise||Consolidation|
|07/12/2018||Sol Melia||8,37||Limited decline||Consolidation|
|30/11/2018||Sol Melia||8,93||Limited rise||Consolidation|
|22/11/2018||Sol Melia||8,79||Limited rise||Consolidation|