Análisis Chartista

Market Data

Name: Grifols
Country: Spain
ISIN: ES0171996012
RIC: GRLS.MC
Short term opinion: Limited rise
Short term Evol.:
Mid term opinion: Limited rise
Mid term Evol.:
Last: 28,42
Pivot: 27,40
Supports: 27,40 / 26,30 / 25,70
Resistances: 30,40 / 31,10 / 31,70
06/03/2013 10:24

Grifols ST: the RSI is overbought


Alternative scenario: the downside breakout of 27.4 would call for 26.3 and 25.7.

Our pivot point is at 27.4.

Our preference:the upside prevails as long as 27.4 is support.

Alternative scenario:below 27.4, expect 26.3 and 25.7.

Comment: the RSI is above 70. It could mean either that the stock is in a lasting uptrend or just overbought and therefore bound to correct (look for bearish divergence in this case). The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is above its 20 and 50 day MA (respectively at 26.76 and 25.81). Grifols is currently trading near its 52 week high reached at 28.95 on 05/03/13.

Supports and resistances:
31.1 *
30.4 **
29.8
28.42 last
27.8
27.4 **
26.3 *

Copyright 1999 - 2013 TRADING CENTRAL

Legend:  * = Intermediate level    ** = Strong level    *** = Very strong level
 Name  Short term opinion Short term Evol. Mid term opinion Mid term Evol.
GrifolsLimited riseConsolidation
GrifolsLimited riseLimited rise
GrifolsLimited riseLimited rise
GrifolsLimited riseLimited rise
GrifolsLimited riseConsolidation
GrifolsLimited riseConsolidation
GrifolsLimited declineLimited rise
GrifolsLimited declineConsolidation
GrifolsLimited riseConsolidation
GrifolsLimited declineConsolidation