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Fresnillo (FRES)

925.80p

16:05 16/04/21

  • -0.22% -2.00p
  • Today's Low & High
  • 911.33 / 932.51
  • Open / Previous Close
  • 928.00 / 925.80
  • 52-week range
  • 27.00% 196.80p
  • Volume
  • 1,599,191
  • Market Cap(million)
  • £6,822.16m

926.00p REAL TIME BATS

  • 16:30 16/04/21
  • -0.52%
  • -4.80p

Technical Analysis

Support and resistance levels

S1

850.27
-8.36%

R1

955.40
2.97%

S2

781.07
-15.82%

R2

1,081.00
16.51%

Technical comment

Short term
Medium term
Long term

Pivot Points

  • Levels of negotiation support
  • 906.33
  • 884.87
  • Levels of negotiation support resistance
  • 940.93
  • 954.07

Technical situation

Short-term bearish scenario as long as it does not exceed 955.4.

Recommendation

Short term comment

The technical price analysis can be skewed as bearish very pressured by the 955.4 area and increasing the risk of overbought and setbacks I would have to overcome 955.4 to propose the change to a more neutral scenario

Long term comment

Although in november 2020 marked highs at levels at 1379.500, higher levels than the previous reference highs in january 2020 at 921.005, the current downtrend has lost positions, retreating by -38.2% and falling again below both levels, with lows, at the moment, in quotas of 853.005.

Indicator Previous Current Signal Comment
RSI 7 48.80 61.50 The RSI does not warn of overbought or oversold.
RSI 14 45.60 52.00 The RSI does not warn of overbought or oversold.
RSI 21 44.30 48.50 The RSI does not warn of overbought or oversold.
RSI 50 44.50 46.00 The RSI does not warn of overbought or oversold.
RSI 200 49.30 49.70 The RSI does not warn of overbought or oversold.
Fast Stochastic n/a n/a Indicator in intermediate zone, with no sign of exhaustion.
Slow Stochastic n/a n/a Indicator in intermediate zone, with no sign of exhaustion.
Simple Moving Average 7 901.57 905.54 Very short term trend bullish.
Simple Moving Average 21 914.23 913.09 Lack of trend in the short-medium term.
Simple Moving Average 50 947.00 945.08 Lack of medium term trend.
Simple Moving Average 200 1,119.07 1,119.56 Bearish in the long-term trend.
Exponential Moving Average 7 899.76 906.77 Very short term trend bullish.
Exponential Moving Average 21 911.00 912.53 Lack of trend in the short-medium term.
Exponential Moving Average 50 952.27 951.31 Lack of medium term trend.
Exponential Moving Average 200 1,015.56 1,014.69 Lack of long-term trend.
MACD Line 2.40 -1.70 Price in downtrend.
MACD Signal -5.10 -8.50 Price in downtrend.
Bollinger 95 n/a n/a
Bollinger 99 n/a n/a
Double Exponential Moving Average 7 899.76 906.77 Very short term trend bullish.
Double Exponential Moving Average 21 911.00 912.53 Lack of trend in the short-medium term.
Double Exponential Moving Average 50 952.27 951.31 Lack of medium term trend.
Double Exponential Moving Average 200 1,015.56 1,014.69 Lack of long-term trend.
Divergences n/a n/a NO
On Balance Vol. 92,142,763.00 93,954,110.00 OBV supports recoveries.
Momentum 7 1.00 17.80 Upload speed in the very short term is extremely fast.
Momentum 7 -9.00 28.20 Upload speed in the very short term is extremely fast.
% K Williams 61.00 39.30 Neutral, does not support price spin.
Priority Date Notification
16/04/2021 A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
16/04/2021 Being near (below) the short-term moving average may react at least temporarily to the downside, but if it breaks above the level the signal would be reversed to bullish.
16/04/2021 Since the price is close to the moving average, it could strengthen to the upside, aothough quotes below it would signal a bearish reversal.
16/04/2021 The price is close to a resistance level so it is recommended to monitor behavior when reaching it.
15/04/2021 Being near (below) the short-term moving average may react at least temporarily to the downside, but if it breaks above the level the signal would be reversed to bullish.
15/04/2021 Being near (below) the short-term moving average may lead to a decline, although if it breaks above the level the signal would be reversed to bullish.
15/04/2021 A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
14/04/2021 A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
14/04/2021 Being near (below) the short-term moving average may lead to a decline, although if it breaks above the level the signal would be reversed to bullish.
14/04/2021 A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
13/04/2021 Being near (below) the short-term moving average may react at least temporarily to the downside, but if it breaks above the level the signal would be reversed to bullish.