Name: Ercros Sa
Short term opinion: Limited rise
Short term Evol.:
Mid term opinion: Limited decline
Mid term Evol.:
Supports: 3,17 / 2,88 / 2,70
Resistances: 4,16 / 4,35 / 4,53
Ercros Sa ST: short term rebound
Alternative scenario: the downside breakout of 3.17 would call for 2.88 and 2.7.
Our pivot point stands at 3.17.
Our preference: short term rebound.
Alternative scenario: below 3.17, expect 2.88 and 2.7.
Comment: the RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the stock is trading above its 20 day MA (3.27) but under its 50 day MA (3.58).
Supports and resistances:
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 01-09-2019 at 20:15 UTC+1
Price reference: 3.57 last known on 01-09-2019 at 20:15 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.|
|16/01/2019||Ercros Sa||3,52||Consolidation||Limited decline|
|09/01/2019||Ercros Sa||3,57||Limited rise||Limited decline|
|20/12/2018||Ercros Sa||3,07||Limited decline||Limited decline|
|21/11/2018||Ercros Sa||3,70||Limited rise||Limited decline|
|14/11/2018||Ercros Sa||3,78||Limited rise||Limited decline|
|08/11/2018||Ercros Sa||4,13||Limited rise||Limited decline|
|01/11/2018||Ercros Sa||4,10||Limited rise||Consolidation|
|30/10/2018||Ercros Sa||3,80||Limited decline||Consolidation|
|10/10/2018||Ercros Sa||4,63||Limited decline||Consolidation|
|03/10/2018||Ercros Sa||4,97||Limited decline||Consolidation|