Long term: bearish as long as monthly parallel pattern is in progress
On a yearly basis, Bollinger bands spread could expend further. Our stochastic and MACD are overbought. A bearish A type crossover could develop with our 7 / 23 years moving averages. The collapse could continue.
On a quarterly basis, Bollinger bands spread is not maximal and increase. Our stochastic and MACD are overbought. A bearish A type crossover is the status for our 7 / 23 quarters moving averages. A new low is expected.
On a monthly basis, a bearish parallel pattern is in progress.
Idea: a quarterly bearish ATDMF pattern is in progress.
R = PM (1.599); S = LW (1.3836), -.
Medium term: recovery / rise
On a weekly basis, Bollinger band spread is not minimal but is expending. A soft bullish A type crossover is in progress with our 7 / 23 weeks moving averages. As long as our stochastic is not overbought, the technical recovery in progress could continue.
Idea: nothing to do
R = below PM (1.599), MM (1.7834); S = MW (1.4595)
Short term: technical recovery
On a daily basis, MD is up. As long as our MACD is not overbought (bullish non-crossover in progress), the technical recovery in progress could continue.
Idea: bullish non-crossover for our MACD => higher.
R = below PM (1.599); S= MD (1.5020)
Conclusion: recovery for 2 weeks or more.