Análisis Chartista

Market Data

Name: Tubos Reunidos
Country: Spain
ISIN: ES0180850416
RIC: TRG.MC
Short term opinion: Limited rise
Short term Evol.:
Mid term opinion: Consolidation
Mid term Evol.:
Last: 0,23
Pivot: 0,17
Supports: 0,17 / 0,16 / 0,15
Resistances: 0,28 / 0,29 / 0,31
18/01/2019 20:36

Tubos Reunidos ST: above its upper Bollinger band


The MACD is positive and above its signal line.

0.174 is our pivot point.

Our preference: the upside prevails as long as 0.174 is support.

Alternative scenario: the downside breakout of 0.174 would call for 0.156 and 0.145.

Comment: the RSI is above 70. It could mean either that the stock is in a lasting uptrend or just overbought and therefore bound to correct (look for bearish divergence in this case). The MACD is positive and above its signal line. The configuration is positive. Moreover, the stock is above its 20 and 50 day MA (respectively at 0.17 and 0.19). Finally, Tubos Reunidos is trading above its upper Bollinger band (standing at 0.2).

Supports and resistances:
0.306 **
0.292 *
0.278 **
0.265
0.234 (EUR-last)
0.181
0.174 **
0.156 *
0.145 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 01-18-2019 at 20:36 UTC+1
Price reference: 0.23 last known on 01-18-2019 at 20:36 UTC+1
Investment horizon: ST

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Legend:  * = Intermediate level    ** = Strong level    *** = Very strong level
 Name  Short term opinion Short term Evol. Mid term opinion Mid term Evol.
Tubos ReunidosLimited riseConsolidation
Tubos ReunidosLimited riseConsolidation
Tubos ReunidosLimited riseConsolidation
Tubos ReunidosLimited riseConsolidation
Tubos ReunidosLimited riseConsolidation
Tubos ReunidosLimited riseConsolidation
Tubos ReunidosLimited riseConsolidation
Tubos ReunidosLimited riseConsolidation
Tubos ReunidosLimited riseConsolidation
Tubos ReunidosLimited declineConsolidation