Name: Sol Melia
Short term opinion: Limited rise
Short term Evol.:
Mid term opinion: Consolidation
Mid term Evol.:
Supports: 7,90 / 7,47 / 7,22
Resistances: 9,01 / 9,26 / 9,52
Sol Melia ST: gap
The MACD is negative and above its signal line.
Our pivot point stands at 7.9.
Our preference: short term rebound towards 9.01.
Alternative scenario: the downside breakout of 7.9 would call for 7.47 and 7.22.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the share stands below its 20 and 50 day MA (respectively at 8.26 and 8.58). Sol Melia is currently trading near its 52 week low at 7.84 reached on 27/12/18.
Supports and resistances:
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 01-02-2019 at 09:17 UTC+1
Price reference: 8.24 last known on 01-02-2019 at 09:17 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.|
|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|