(News Bulletin 247) – On the basis of a graphical argument, News Bulletin 247 analysts selected AYVENS (ex-ALD) for active investors.
KEY GRAPHIC ELEMENTS
The graphical analysis of daily data of the AYVENS (ex-ALD) share makes it possible to identify an upward trend in the short term as well as in the medium term. Prices are wrapping around a bullish 50-day moving average (in orange). The trading volume is increasing, a technical data favorable to our anticipation. As for the relative strength indicator (RSI), it is in total convergence with prices.
FORECAST
Considering the key graphical factors we have mentioned, our view is bullish on AYVENS (ex-ALD) stock in the short term.
Active investors will take a purchase position on the AYVENS stock (ex-ALD) at a price of €6,450 with a target of €7,990 in their sights. They will protect their capital by placing a stop at €6,440.
News Bulletin 247 advice
DAILY DATA CHART
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