Long term: flat
On a yearly basis, Bollinger bands spread is not minimal. Our 7 / 23 years moving averages are slightly bullish. Stochastic is overbought. UY is our main resistance and MY is our first support.
On a quarterly basis, Bollinger bands spread is a reference one. A bearish no-crossover is the status for our MACD. LQ is our first objective.
On a monthly basis, the UM / LM spread is above a reference one. TAM tools will continue to decline. LM is our first target.
Idea: lower
Bet: towards LM.
R= MM (1.3596); S= LM (1.2337), MY (1.2132)
Medium term: lower but not bearish
On a weekly basis, a PEI is in progress with our moving averages.
Idea: a PEI could develop with our stochastic and MACD
Bet: lower as long as our MACD is not oversold.
R = MW (1.3495); S = LM (1.2337)
Short term: bearish parallels pattern
On a daily basis, a type III is in progress.
Idea: use bearish parallels rules.
Bet: € could dive.
R = MD (1.2954); S = 1.2666 (current low), LM (1.2337)
Conclusion: lower.