Long term: towards UM
On a yearly basis a bullish no-crossover is in progress for our stochastic and our MACD.
On a quarterly basis, next period TAM tools could be up.
On a monthly basis, UM / LM spread is above a reference one. UM is a strong resistance. Our stochastic could be overbought within two or three periods.
Idea: UM is a strong resistance
Bet: only a technical recovery in progress.
R= UM (.8868); S= MM (.8311)
Medium term: toppish
On a weekly basis, no parallel is in progress.
Idea: MACD is our leading indicator
Bet: towards MW is expected.
R= UW (8847); S= PW (.8576), MW (.8322).
Short term: flat
On a daily basis, Bollinger bands are flat.
Idea: daily stochastic is our leading indicator
R= UD (.8748); S= LD (.8587)
Conclusion: weak if PW fails as a support.