Long term: weak

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 main support.

On a quarterly basis, Bollinger spread is a reference one and UQ / LQ spread is expending. 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. A bearish no-crossover is the status for our stochastic. LM is our first support and MM is our main resistance.

Idea: lower as long as our monthly stochastic is not oversold

Bet: below LM is not ruled out.

R= MM (1.3675);    S= LM (1.2647)

Medium term: bearish parallel

On a weekly basis, a type III occurred.

Idea: use bearish parallel rules

Bet: towards LW.

R = MW (1.3215);     S = LW (1.2659)

Short term: lower

On a daily basis, UD / LD spread is a reference one. A PEI is the status for our stochastic and MACD.

Idea: lower as long as our MACD is not oversold

Bet: a type I or II could develop.

R = MD (1.3235);   S = LD (1.3005).

Conclusion: LM AS A FIRST TARGET.