SBER Bank stock analysis

The Sber Bank share continues to move within the ascending channel, as it attempts to test the resistance (215.70) as seen on the graph.

 In the medium term, the Speer Bank share is moving within a sideways path between the support levels (202.20) and resistance (215.70) within the upside channel, after the price ended the upward correction movement to return the price to rise again.

The current price movement occurs between the support level 202.23 and the resistance level 229.06 over the medium term.

While the main targets will be at the support level 185.80 and the resistance level 239.00.

 Moving averages are below the price (50 near the support level 202.63 and moving average 20 near level 209.40) and increase the possibility of a further price increase.

The general direction of the movement: upward path