Long term: bearish

On a yearly basis, a bearish trend is in progress and Historical Low failed as a support.

On a quarterly basis, Bollinger bands are diverging. The status for our 7 / 23 quarters moving averages is a bearish A type crossover. Our stochastic and MACD are overbought for 3 periods or more. On a monthly basis, a bearish parallel pattern is in progress.

Idea: always bearish as long as UW (164.23) = resistance

R = UW (164.23);    S = LW (117.14)

Medium term: bearish parallel pattern is over

On a weekly basis, UW / LW spread is maximal. With a weekly close above MW (140.68), UW (164.23) is our next objective..

Idea: technical recovery in progress.

R = MW (140.68), UW (164.23);    S = LW (117.14).

Short term: higher

On a daily basis, LD is flat. A bullish non-crossover is in progress with our 7 / 23 days moving averages and with our MACD. As long as our MACD is not overbought, the rise will continue. UW (164.23) could be an objective.

Idea: rise but not bullish.

R = MW (140.68), UW (164.23);    S = MD (132.43)

Conclusion: towards UW (164.23)