Asian Indices delayed. US Indices updated twice daily at 7:30am and 7:30pm.
The configuration is negative.
|Short Term View
(Rise, Limited Rise, Consolidation, Limited Decline, Decline)
|Change In Short Term View||None|
|Medium Term View
(Bullish, Range, Bearish)
|Change In Medium Term View||None|
Our pivot point stands at 0.466.
Our preference: the downside prevails as long as 0.466 is resistance.
Alternative scenario: the upside breakout of 0.466 would call for 0.486 and 0.499.
Comment: the RSI is below 30. It could either mean that the stock is in a lasting downtrend or just oversold and therefore bound to retrace (look for bullish divergence in this case). The MACD is negative and below its signal line. The configuration is negative. Moreover, the stock is trading under both its 20 and 50 day MA (respectively at 0.48 and 0.51).
Supports and resistances:
While reasonable efforts have been taken to ensure that the calculations performed by the features of this site are reliable, the features are provided on the basis that:-