Red Eléctrica Corporación, S.A. (REE)

18,06
-0,06 % | -0,01

Market Data

Apertura 18,075
Máx Hoy (€) 18,14
Min Hoy (€) 17,97
Máx Año (€) 0,00
Min Año (€) 0,00
ANÁLISIS CHARTISTA

Market Data

Name: Red Electrica
Country: Spain
ISIN: ES0173093024
RIC: REE.MC
Short term opinion: Limited decline
Short term Evol.:
Mid term opinion: Consolidation
Mid term Evol.:
Last: 19,37
Pivot: 20,00
Supports: 18,40 / 18,10 / 17,80
Resistances: 20,00 / 20,50 / 20,90
15/02/2019 19:03

Red Electrica ST: the downside prevails as long as 20 is resistance


The configuration is negative.

20 is our pivot point.

Our preference: the downside prevails as long as 20 is resistance.

Alternative scenario: above 20, look for 20.5 and 20.9.

Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the share stands below its 20 and 50 day MA (respectively at 19.89 and 19.78). Red Electrica is currently trading near its 52 week high reached at 20.48 on 17/12/18.

Supports and resistances:
20.9 **
20.5 *
20 **
19.8
19.37 (EUR-last)
18.7
18.4 **
18.1 *
17.8 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 02-15-2019 at 19:03 UTC+1
Price reference: 19.37 last known on 02-15-2019 at 19:03 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.
Red ElectricaLimited declineConsolidation
Red ElectricaLimited riseConsolidation
Red ElectricaLimited riseConsolidation
Red ElectricaLimited riseConsolidation
Red ElectricaLimited riseConsolidation
Red ElectricaLimited declineConsolidation
Red ElectricaLimited riseConsolidation
Red ElectricaLimited riseConsolidation
Red ElectricaLimited riseConsolidation
Red ElectricaLimited riseConsolidation