Class A finds support from accumulated volume at $21.48 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested. This may be an early warning and the stock should be followed more closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Further rise is indicated until a new top pivot has been found. A buy signal was issued from a pivot bottom point on Monday, September 26, 2022, and so far it has risen 8.50%. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. On a fall, the stock will find some support from the long-term average at approximately $21.11. On further gains, the stock will meet resistance from the short-term moving average at approximately $21.76. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. Class A stock holds a sell signal from the short-term moving average at the same time, however, there is a buy signal from the long-term average.
0 kommentar(er)
