Report
Jérôme VINERIER

Short term view - FRESENIUS MEDICAL CARE AG & CO KGAA : The major support has been reached, it causes the bounce.

The trend remains neutral. Prices will have to break below the peak at €82.32 for the trend to be negative again with an invalidation level above €87.47.

Arguments :
- The major support has been reached, it causes the bounce.
- The resistance has been reached, we are waiting for a sign of weakness to turn negative.
- The flat moving average confirms our opinion.
Underlying
FRESENIUS MEDICAL CARE AG

RegistrarFresenius Medical Care is a kidney dialysis company, operating in both the field of dialysis services and the field of dialysis products for the treatment of end-stage renal disease (ESRD). Co.'s dialysis business is vertically integrated, providing dialysis treatment at dialysis clinics it owns or operates and supplying these clinics with a range of products. In addition, Co. sells dialysis products to other dialysis service providers. In the U.S.A., Co. also provides inpatient dialysis services and other services under contract to hospitals. Co. provides patient services, including renal pharmaceutical products and in the U.S.A., laboratory services.

Provider
Day By Day
Day By Day

​​DayByDay is an independent research company providing global macro and single stock analysis, recommendation and allocation based purely on behavioural finance methods. Those include long term cycle analysis, sentiment analysis, and technical trigger. DayByDay serves all clients in need of practical and precise publications to make effective market decisions, on any time horizon, from a few hours to a few years.

Analysts
Jérôme VINERIER

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