Yearly trend: bullish for more than 2 years.

On a yearly basis, a bullish parallel pattern is in progress. The dynamic for each band is very strong. PY will cross MY in more than two periods.

Idea: bullish non-crossover for our stochastic.

Long term: bullish above Historical High (1033)

On a quarterly basis, the pattern is a bullish parallel one. The dynamic for our 7 / 23 quarters moving averages is bullish. The status in progress for our stochastic could be neutral at the beginning of Q3. With our MACD, a bullish non-crossover could develop next period. Above 1033 a new bull move will develop. On a monthly basis, our 7 / 23 moving averages will continue to rise. A bullish non-crossover is in progress with our stochastic. As long as MM (885) proves to be a support, a decline is only a technical move.

Idea:  UQ / 1033 levels could be a strong resistance

R = UQ (1030), 1033, +++;    S = MM (885)

Medium term: rise

On a weekly basis, Bollinger bands spread is not yet minimal and Bollinger bands are slightly up. Our stochastic and MACD are oversold. Our 7 / 23 weeks moving averages are up (not far away from a bullish non-crossover). As long as MW (923) proves to be a support, a rise towards 1033 is not ruled out.

Idea: not bullish as long as 1033 proves to be a resistance.

R = 1033, +++;    S = MW (923)

Short term: bullish

On a daily basis, a bullish non-crossover is the status for our 7 / 23 days moving averages and for our MACD. A bullish trend, without ATDMF pattern, is in progress. 1033 is our first resistance.

Idea: rise, as long as MD (918) = support

R = 1033, +++;    S = MD (935)

Conclusion: not bullish (medium / long term) as long as 1033 = resistance.