EBRO FOODS S.A (EBRO)

21,09
1,27 % | 0,265

Market Data

Apertura 20,91
Máx Hoy (€) 21,17
Min Hoy (€) 20,81
Máx Año (€) 0,00
Min Año (€) 0,00
ANÁLISIS CHARTISTA

Market Data

Name: Ebro Foods
Country: Spain
ISIN: ES0112501012
RIC: EBRO.MC
Short term opinion: Limited rise
Short term Evol.:
Mid term opinion: Limited rise
Mid term Evol.:
Last: 20,91
Pivot: 20,50
Supports: 20,50 / 19,90 / 19,60
Resistances: 21,90 / 22,20 / 22,50
26/05/2016 08:20

Ebro Foods ST: the upside prevails as long as 20.5 is support


Alternative scenario: the downside breakout of 20.5 would call for 19.9 and 19.6.

Our pivot point stands at 20.5.

Our preference:the upside prevails as long as 20.5 is support.

Alternative scenario: the downside breakout of 20.5 would call for 19.9 and 19.6.

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 20.34 and 19.6). Ebro Foods is currently trading near its 52 week high reached at 20.94 on 25/05/16.

Supports and resistances:
22.5 **
22.2 *
21.9 **
21.6
20.91 last
20.7
20.5 **
19.9*
19.6 **

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Legend:  * = Intermediate level    ** = Strong level    *** = Very strong level
Ebro Foods ST: the upside prevails as long as 20.5 is support
 Name  Short term opinion Short term Evol. Mid term opinion Mid term Evol.
Ebro FoodsLimited riseLimited rise
Ebro FoodsLimited riseLimited rise
Ebro FoodsLimited riseLimited rise
Ebro FoodsLimited riseLimited rise
Ebro FoodsConsolidationLimited rise
Ebro FoodsLimited declineLimited rise
Ebro FoodsLimited declineLimited rise
Ebro FoodsLimited riseLimited rise
Ebro FoodsLimited declineLimited rise
Ebro FoodsLimited riseLimited rise