LON:SSE - London Stock Exchange, The - GB0007908733 - Common Stock - Currency: GBX
Taking everything into account, SSE scores 6 out of 10 in our technical rating. SSE has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
Although the technical rating is only medium, SSE does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 1619.14. Right above this resistance zone may be a good entry point.
1,443.16
When analyzing the support we can see 2 important areas.
We found 1 important resistance area.
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
1,653.02 | 1,582.16 | 70.86 (4.29%) | 23.33% |
An entry @1653.02. This is a Buy Stop order right above the resistance zone. | An exit @1582.16. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 70.86 points, which is 4.29%. | For a 1.00% total portfolio risk, you can invest 23.33% of your capital in this trade. |
LON:SSE (4/25/2025, 5:36:15 PM)
1616
-1 (-0.06%)