Long term: weak
On a quarterly basis, our MACD is the leading indicator.
On a monthly basis, UM / LM spread is above a reference one. A bearish no-crossover is the status for our stochastic and MACD.
Idea: use our MACD as a leading indicator
Bet: LM is our first support.
R= MM (95.06); S= LM (79.43)
Medium term: weak
On a weekly basis, Bollinger Bands spread is a reference one. TAM tools are neutral.
Idea: stochastic and MACD could be oversold (rise) or a bearish no-crossover could develop (bearish)
Bet: use our stochastic as a leading indicator.
R = MW (91.17); S = LW (83.68)
Short term: higher without a bullish trend
On a daily basis, a PEI is the status for our stochastic and MACD. NO PEI could develop on a weekly basis.
Idea: use our MACD as a leading indicator.
R = MW (91.17); S= MD (86.15)
Conclusion: higher without a bullish trend.