Empresa Nacional de Celulosa, S.A. (ENC)

3,304
-5,06 % | -0,176

Market Data

Apertura 3,48
Máx Hoy (€) 3,48
Min Hoy (€) 3,264
Máx Año (€) 0,00
Min Año (€) 0,00
ANÁLISIS CHARTISTA

Market Data

Name: Grupo Empresarial Ence
Country: Spain
ISIN: ES0130625512
RIC: ENC.MC
Short term opinion: Limited decline
Short term Evol.:
Mid term opinion: Consolidation
Mid term Evol.:
Last: 6,36
Pivot: 6,77
Supports: 5,92 / 5,78 / 5,64
Resistances: 6,77 / 7,01 / 7,16
28/02/2019 10:07

Grupo Empresarial Ence ST: below its lower Bollinger band


Alternative scenario: the upside breakout of 6.77 would call for 7.01 and 7.16.

Our pivot point stands at 6.77.

Our preference: target 5.92.

Alternative scenario: above 6.77, look for 7.01 and 7.16.

Comment: the RSI isbelow 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the stock is below its 20 day MA (6.73) but above its 50 day MA (6.27). Finally, Grupo Empresarial Ence has penetrated its lower daily Bollinger band (6.49).

Supports and resistances:
7.16 **
7.01 *
6.77 **
6.67
6.36 (EUR-last)
6.06
5.92 **
5.78 *
5.64 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 02-28-2019 at 10:07 UTC+1
Price reference: 6.36 last known on 02-28-2019 at 10:07 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.
Grupo Empresarial EnceLimited declineConsolidation
Grupo Empresarial EnceLimited riseConsolidation
Grupo Empresarial EnceLimited riseConsolidation
Grupo Empresarial EnceLimited riseConsolidation
Grupo Empresarial EnceLimited riseConsolidation
Grupo Empresarial EnceLimited riseConsolidation
Grupo Empresarial EnceLimited riseConsolidation
Grupo Empresarial EnceLimited riseConsolidation
Grupo Empresarial EnceLimited riseConsolidation
Grupo Empresarial EnceLimited riseConsolidation