Análisis Chartista

Market Data

Name: Inditex
Country: Spain
ISIN: ES0148396007
RIC: ITX.MC
Short term opinion: Limited rise
Short term Evol.:
Mid term opinion: Limited decline
Mid term Evol.:
Last: 24,38
Pivot: 23,50
Supports: 23,50 / 22,60 / 22,10
Resistances: 25,90 / 26,40 / 27,00
11/02/2019 10:54

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:
27 **
26.4 *
25.9 **
25.4
24.38 (EUR-last)
23.8
23.5 **
22.6 *
22.1 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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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

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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.
InditexLimited riseConsolidation
InditexLimited riseLimited decline
InditexLimited riseLimited decline
InditexConsolidationLimited decline
InditexLimited riseLimited decline
InditexLimited riseLimited decline
InditexLimited riseLimited decline
InditexLimited riseLimited decline
InditexLimited riseLimited decline
InditexLimited riseLimited decline