With the support of the long moving average SMA 200, the stock is in a declining trend, but with the support of the shorter average SMA 50 and SMA 100, the stock has moved from a falling trend to a more horizontal trend. Trend lines almost clash with a resistance at 38.5 and support at about 30.
Price peaks mostly coincide with volume bottom and this weakens the stock. But OBV has a slight rise on it last. RSI follows price.
Oscillators and Moving Averages stand one day at strong buy and a week to a month at buy.
Consider the stock technically neutral medium-term, but a break up or down relative to the trend will provide a new direction.
Remember you need do your own research and assessment before buying and selling.
Disclaimer: I have a position in the stock.
Sources: Trading View and Yahoo Finance.
Price peaks mostly coincide with volume bottom and this weakens the stock. But OBV has a slight rise on it last. RSI follows price.
Oscillators and Moving Averages stand one day at strong buy and a week to a month at buy.
Consider the stock technically neutral medium-term, but a break up or down relative to the trend will provide a new direction.
Remember you need do your own research and assessment before buying and selling.
Disclaimer: I have a position in the stock.
Sources: Trading View and Yahoo Finance.
From the last part of January there are many candlesticks with a large green body. Yes there is actually only one red with a hammer-candlestick after which points up. This indicates buying pressure.