Long term: bullish
On a yearly basis, Bollinger Bands spread is increasing. A PEI is in progress with our stochastic and MACD.
On a quarterly basis, a PEI is in progress with our moving averages.
On a monthly basis, this time frame is without trend.
Idea: higher as long as our stochastic is not overbought
Bet: UM= strong resistance.
R= UM (1.0906); S= MM (1.04), LM (.9894)
Medium term: higher
On a weekly basis, UW / LW spread is minimal. A PEI will develop with our moving averages.
Idea: higher without a bullish pattern (monthly MACD as a NEI).
Bet: towards UW.
R = UW (1.0582); S = MW (1.0363).
Short term: rise
On a daily basis, Bollinger Bands spread is above a reference one.
Idea: higher as long as our MACD is not overbought
Bet: towards UW.
R = UW (1.0582); S = MD (1.0342).
Conclusion: recovery.