Short term opinion: Limited rise
Short term Evol.:
Mid term opinion: Limited decline
Mid term Evol.:
Supports: 23,50 / 22,60 / 22,10
Resistances: 25,90 / 26,40 / 27,00
Inditex ST: the upside prevails as long as 23.5 is support
The MACD is positive and above its signal line.
23.5 is our pivot point.
Our preference: the upside prevails as long as 23.5 is support.
Alternative scenario: below 23.5, expect 22.6 and 22.1.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day MA (respectively at 24.12 and 24.28).
Supports and resistances:
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autoritédes Marchés Financiers and registered with ORIAS under number 17005458.
Written on 02-11-2019 at 10:54 UTC+1
Price reference: 24.38 last known on 02-11-2019 at 10:54 UTC+1
Investment horizon: ST
TRADING CENTRAL recommends reading the legal and regulatory information as well as the warnings concerning the information provided accessible from the following link : https://www.tradingcentral.com/terms-of-use/
Copyright 1999 - 2019 TRADING CENTRAL
Legend: * = Intermediate level ** = Strong level *** = Very strong level
|Date/Time||Name||Last||Short term opinion||Short term Evol.||Mid term opinion||Mid term Evol.|
|21/02/2019||Inditex||25,32||Limited rise||Limited decline|
|11/02/2019||Inditex||24,38||Limited rise||Limited decline|
|29/01/2019||Inditex||23,62||Limited rise||Limited decline|
|25/01/2019||Inditex||24,45||Limited rise||Limited decline|
|21/01/2019||Inditex||23,83||Limited rise||Limited decline|
|18/01/2019||Inditex||23,36||Limited rise||Limited decline|
|14/01/2019||Inditex||23,45||Limited rise||Limited decline|
|10/01/2019||Inditex||23,77||Limited rise||Limited decline|