Análisis Chartista

Market Data

Name: Baron De Ley
Country: Spain
ISIN: ES0114297015
RIC: BDL.MC
Short term opinion: Limited rise
Short term Evol.:
Mid term opinion: Consolidation
Mid term Evol.:
Last: 113,00
Pivot: 109,10
Supports: 109,10 / 108,40 / 108,10
Resistances: 114,60 / 115,00 / 115,40
08/02/2019 11:44

Baron De Ley ST: the RSI is overbought


Alternative scenario: the downside breakout of 109.1 would call for 108.4 and 108.1.

Our pivot point is at 109.1.

Our preference: the upside prevails as long as 109.1 is support.

Alternative scenario: the downside breakout of 109.1 would call for 108.4 and 108.1.

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 109.28 and 109.31). Finally, Baron De Ley is trading above its upper Bollinger band (standing at 111.07). Baron De Ley is currently trading near its 52 week high reached at 117.5 on 26/04/18.

Supports and resistances:
115.4 **
115 *
114.6 **
114.3
113 (EUR-last)
109.3
109.1 **
108.4 *
108.1 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 02-08-2019 at 11:44 UTC+1
Price reference: 113.00 last known on 02-08-2019 at 11:44 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.
Baron De LeyLimited riseConsolidation
Baron De LeyLimited riseConsolidation
Baron De LeyLimited declineConsolidation
Baron De LeyLimited riseConsolidation
Baron De LeyLimited riseConsolidation
Baron De LeyLimited declineConsolidation
Baron De LeyLimited riseConsolidation
Baron De LeyLimited declineConsolidation
Baron De LeyLimited declineConsolidation
Baron De LeyLimited declineConsolidation