Name: CIE Automotive
Short term opinion: Limited decline
Short term Evol.:
Mid term opinion: Consolidation
Mid term Evol.:
Supports: 18,50 / 17,70 / 16,90
Resistances: 22,10 / 23,50 / 24,30
CIE Automotive ST: the downside prevails as long as 22.1 is resistance
Alternative scenario: the upside breakout of 22.1 would call for 23.5 and 24.3.
22.1 is our pivot point.
Our preference: the downside prevails as long as 22.1 is resistance.
Alternative scenario: above 22.1, look for 23.5 and 24.3.
Comment: the RSI is 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 21.86 and 22.47). CIE Automotive is currently trading near its 52 week low at 19.9 reached on 10/12/18.
Supports and resistances:
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 12-17-2018 at 09:29 UTC+1
Price reference: 20.92 last known on 12-17-2018 at 09:29 UTC+1
Investment horizon: ST
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Legend: * = Intermediate level ** = Strong level *** = Very strong level
|Date/Time||Name||Last||Short term opinion||Short term Evol.||Mid term opinion||Mid term Evol.|
|11/01/2019||CIE Automotive||22,36||Limited rise||Consolidation|
|04/01/2019||CIE Automotive||21,34||Limited rise||Consolidation|
|28/12/2018||CIE Automotive||21,06||Limited rise||Consolidation|
|17/12/2018||CIE Automotive||20,92||Limited decline||Consolidation|
|03/12/2018||CIE Automotive||23,18||Limited rise||Consolidation|
|26/11/2018||CIE Automotive||23,42||Limited rise||Consolidation|
|21/11/2018||CIE Automotive||22,12||Limited decline||Consolidation|
|12/11/2018||CIE Automotive||23,20||Limited rise||Consolidation|
|02/11/2018||CIE Automotive||24,22||Limited rise||Consolidation|
|26/10/2018||CIE Automotive||21,56||Limited decline||Consolidation|