(News Bulletin 247) – A clearly affirmed bullish momentum on the SCOR share will invite active investors to position themselves for the purchase, within the framework of a swing trading.

KEY GRAPHIC ELEMENTS

The daily data chart analysis of the SCOR share makes it possible to identify an uptrend in the short term as well as in the medium term. The title does not struggle to regularly create new high points. Among the dominant chart factors, we noted the presence of a bullish channel on SCOR share prices. We have represented this technical corridor in black on the chart. In terms of trend indicators, the 20-day moving average (in dark blue) acts as a support for prices. The trading volume is on the rise, a technical data favorable to our anticipation.

FORECAST

Considering the key chart factors we have mentioned, our view is bullish on SCOR stock in the short term.

Active investors will take a buying position on the SCOR share price at €28,250 with a target of €34,990 in sight. They will protect their capital by placing a stop at €25,950.

The News Bulletin 247 board

SCOR SE
Positive 28.250 €
Objective :
34.990 €
Potential :
+23.86%
Stop:
25.950 €
Resistance(s):
30,000 / 35,000
Medium(s):
25,000 / 24,150 / 20,700

CHART IN DAILY DATA

Graphic made from the software Prorealtime

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