Home About the company Daily reviews Sber Bank Stock Analysis 21.10.2019

Sber Bank Stock Analysis 21.10.2019

21.10.2019

Market Review

The Shares of Sber Bank had reached the resistance 235.96 with closing last week after it reached 222.82 support previously bounced off which is near 50% Fibonacci retracement.

The price is moving upwards after it has breached all the moving averages.

The price is moving above the 20-50-7 moving averages, which have become bullish below the price and form support levels.

The Stochastic is moving sideways within the overbought zone which will push the price higher further.

Expected trend for today: Bullish.

Author: admin
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