VISCOFAN SA (VIS.MC) Stock Technical Analysis
BME:VIS - Bolsa De Madrid - ES0184262212 - Common Stock - Currency: EUR
Taking everything into account, VIS scores 5 out of 10 in our technical rating. In the last year, VIS was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although the technical rating is only medium, VIS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 61.80. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 60.88, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
58.60
When analyzing the support we notice one important area.
- A support zone ranging from 59.19 to 60.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 61.80 to 64.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
BME:VIS (3/7/2025, 5:29:53 PM)
61.55
+1.05 (+1.74%)