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: 0,29
Pivot: 0,24
Supports: 0,24 / 0,17 / 0,14
Resistances: 0,41 / 0,45 / 0,49
28/01/2019 10:26

Tubos Reunidos ST: the upside prevails as long as 0.237 is support


The MACD is above its signal line and positive.

Our pivot point is at 0.237.

Our preference: the upside prevails as long as 0.237 is support.

Alternative scenario: the downside breakout of 0.237 would call for0.174 and 0.136.

Comment: the RSI is trading above 70. This could mean that either the stock is in a lasting uptrend or just overbought and that therefore a correction could shape (look for bearish divergence in this case). The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day MA (respectively at 0.21 and 0.2).

Supports and resistances:
0.485 **
0.447 *
0.408 **
0.37
0.2865 (EUR-last)
0.261
0.237 **
0.174 *
0.136 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 01-28-2019 at 10:26 UTC+1
Price reference: 0.29 last known on 01-28-2019 at 10:26 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