Report
Louis AZAIS

Short term view - MEDICLINIC INTERNATIONAL PLC : The MACD is falling.

The trend has been momentarily interrupted by a correction. It approaches the support at 621.20 p, which also is the invalidation level. It should cause a bounce and resume the bullish trend. The next target is at 772.40 p. The invalidation level is below 553.00 p.

Arguments :
- The support has been breached.
- The resistance has been reached, it causes the fall.
- The MACD is falling.
- The moving average is supporting prices.
- A head-and-shoulders has just been triggered.
Underlying
Mediclinic International Plc

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
Louis AZAIS

Other Reports on these Companies
Other Reports from Day By Day

ResearchPool Subscriptions

Get the most out of your insights

Get in touch