European Stocks Analysis

Economies.com provides the latest technical analysis and forecast of the European stocks, in order to keep track of the trend of the EU stocks.

France- BAS shares moves to the bullish track– Analysis – 22-10-2019

Economies.com
2019-10-22 06:35AM UTC

BAS shares price succeeded to breach the bearish channel’s resistance at 65.60 in the last period trading, to confirm its move to the bullish track, to begin recording some of the targets by hitting 68.15 level, resuming the bullish attack makes us expect gathering an extra positive momentum that begin at 69.90 reaching 38.2% Fibonacci correction level at 71.90.

 

Stochastic fluctuation within the overbought level forms a main factor to confirm the bullish scenario by its attempt to provide the required extra momentum to record the suggested targets. 

 

The expected trading range for today is between 66.50 and 69.900

 

The expected trend for today: Bullish

 

Stocks Technical Analysis

United States Analysis

Stocks

Mongodb price surrounded with negative pressures - Forecast today - 10-05-2024
2024-05-10 11:31AM UTC
 Mongodb’s stock price (MDB) inched higher in the intraday levels, amid the dominance of ...
United States Analysis

Stocks

SAP price keeps falling - Forecast today - 10-05-2024
2024-05-10 11:30AM UTC
SAP SE’s stock price (SAP) kept rising in the intraday levels, buoyed by trading above the ...
United States Analysis

Stocks

Qualcomm price starts venting off overbought saturation - Forecast today - 10-05-2024
2024-05-10 11:30AM UTC
Qualcomm Incorporated’s stock price (QCOM) fell in the intraday levels while venting off ...