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Sberbank Analysis 25.02.2019

25.02.2019

Market Review

Sberbank Stock is trading near the support level of 201.82 as the price has tested this support several times over the past week and failed to breach this level to bounce back supported by the 50-7 moving averages.

The SMA 50 is a support level near 200.00 while SMA 20 is price resistance at 210.93

Stochastic is in a bullish upward direction and is a positive pressure on the pair to rise and test resistance at 210.93

Expected movement between 193.75 support and resistance. 219.42

The general trend of the movement: upward

Author: admin
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