Análisis Chartista

Market Data

Name: Tecnicas Reunidas
Country: Spain
ISIN: ES0178165017
RIC: TRE.MC
Short term opinion: Limited decline
Short term Evol.:
Mid term opinion: Limited decline
Mid term Evol.:
Last: 21,98
Pivot: 23,50
Supports: 19,80 / 19,10 / 18,40
Resistances: 23,50 / 24,70 / 25,40
11/02/2019 08:44

Tecnicas Reunidas ST: under pressure below 23.5


Our preference: under pressure below 23.5.

Our pivot point is at 23.5.

Our preference: under pressure below 23.5.

Alternative scenario: above 23.5, look for 24.7 and 25.4.

Comment: the RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the share stands below its 20 and 50day MA (respectively at 22.66 and 22.53).

Supports and resistances:
25.4 **
24.7 *
23.5 **
23
21.98 (EUR-last)
20.5
19.8 **
19.1 *
18.4 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 02-11-2019 at 08:44 UTC+1
Price reference: 21.98 last known on 02-11-2019 at 08:44 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.
Tecnicas ReunidasLimited riseLimited decline
Tecnicas ReunidasLimited declineLimited decline
Tecnicas ReunidasConsolidationLimited decline
Tecnicas ReunidasLimited riseLimited decline
Tecnicas ReunidasLimited declineLimited decline
Tecnicas ReunidasLimited declineLimited decline
Tecnicas ReunidasLimited declineLimited decline
Tecnicas ReunidasLimited riseLimited decline
Tecnicas ReunidasLimited riseConsolidation
Tecnicas ReunidasLimited riseLimited decline