(News Bulletin 247) – A clearly asserted upward dynamic on the STELLANTIS share will invite active investors to position themselves for purchase, as part of a stock transaction. swing trading.
KEY GRAPHIC ELEMENTS
Graphical analysis of STELLANTIS shares in daily data makes it possible to identify an upward trend in the short term as well as in the medium term. In terms of trend indicators, the 20-day moving average (in dark blue) acts as support for prices. The technical reading in Japanese candlesticks allows you to identify a configuration in marubozu white (or long blank) dating from the session of 02/15/2024. This remarkable candle, which takes on all the more meaning as it is accompanied by a peak in volumes, materializes a continuous mobilization of the buying camp throughout the session.
FORECAST
Looking at the key chart factors we mentioned, our view is bullish on STELLANTIS stock in the short term.
Active investors will take a purchase position on STELLANTIS shares at a price of €26.97 with a target of €31,990 in their sights. They will protect their capital by placing a stop at €25,590.
News Bulletin 247 advice
DAILY DATA CHART
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