The stock is in a declining trend channel. It appears scroll. of the long moving averages and charts.
Looking back, there will be a support around 480 (5 year chart).
RSI 21 and OBV have gone up and then flattened out somewhat when you look at the last 40 days.
The last week some hammer candlestick pointing down.
MA and oscillators stand one month on neutral.
The price has been in a flat development for a little month and a clear movement up or down from here will give direction at least in the short term.
Consider the stock technically weak negative in the medium term.
This is a technical analysis, but fundamental analysts are preferably positive about the stock.
Remember you need do your own research and assessment before buying and selling.
Disclaimer: I hold a position in the stock.
Sources: Trading View
Looking back, there will be a support around 480 (5 year chart).
RSI 21 and OBV have gone up and then flattened out somewhat when you look at the last 40 days.
The last week some hammer candlestick pointing down.
MA and oscillators stand one month on neutral.
The price has been in a flat development for a little month and a clear movement up or down from here will give direction at least in the short term.
Consider the stock technically weak negative in the medium term.
This is a technical analysis, but fundamental analysts are preferably positive about the stock.
Remember you need do your own research and assessment before buying and selling.
Disclaimer: I hold a position in the stock.
Sources: Trading View
