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 *

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Legend:  * = Intermediate level    ** = Strong level    *** = Very strong level
Grifols ST: the RSI is overbought
 Date/Time   Name   Last  Short term opinion Short term Evol. Mid term opinion Mid term Evol.
27/02/2015 Grifols37,07Limited riseConsolidation
20/02/2015 Grifols36,645Limited declineConsolidation
11/02/2015 Grifols34,755Limited declineConsolidation
28/01/2015 Grifols36,92Limited riseConsolidation
20/01/2015 Grifols34,83Limited riseConsolidation
13/01/2015 Grifols32,30Limited declineConsolidation
06/01/2015 Grifols32,48Limited riseConsolidation
30/12/2014 Grifols33,085Limited riseConsolidation
22/12/2014 Grifols33,72Limited declineConsolidation
16/12/2014 Grifols32,30Limited declineConsolidation