Short term opinion: Limited rise
Short term Evol.:
Mid term opinion: Consolidation
Mid term Evol.:
Supports: 23,90 / 23,30 / 23,00
Resistances: 25,70 / 26,00 / 26,30
Enagas ST: as long as 23.9 is support look for 25.7
Alternative scenario: the downside breakout of 23.9 would call for 23.3 and 23.
Our pivot point stands at 23.9.
Our preference: as long as 23.9 is support look for 25.7.
Alternative scenario: below 23.9, expect 23.3 and 23.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The stock could retrace in the short term. Moreover, the stock is trading above both its 20 and 50 day MA (respectively at 24.31 and 23.68). Enagas is currently trading near its 52 week high reached at 25.25 on 11/12/17.
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 12-03-2018 at 10:45 UTC+1
Price reference: 24.42 last known on 12-03-2018 at 10:45 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.|