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: a quarterly bearish no-crossover will develop with our moving averages.

R= MM (1.3695);    S= LM (1.2717)

Medium term: weak

On a weekly basis, a bearish type A will develop.

Idea: lower with an overbought status for our stochastic

Bet: MACD will be overbought.

R = MW (1.3132), UW (1.3488);     S = LW (1.2777)

Short term: weak

On a daily basis, UD / LD spread is a reference one. No PEI is in progress.

Idea: LD is our first support

Bet: bearish pre-parallel before early May.

R = MD (1.3206);   S = MD (1.3012).

Conclusion: weak without a strong trend.