Home About the company Daily reviews Aeroflot stock analysis 19.10.2020

Aeroflot stock analysis 19.10.2020

19.10.2020

Market Review

Aeroflot continues its descending path after breaching the support 68.30 and moving towards the level of 50.60, which is the target for the downside movement.

The price continues to move below the moving averages 507-20- which move in a bearish order above the price near the resistance level 68.31-78.50 and press the price for further decline.

The stochastic oscillator is within the oversold area and is moving within this area within a sideways path, therefore we may see a further drop in the price.

General trajectory of movement: a downtrend 

Author: admin
Back to all reviews Back

Subscribe to company news:

Thank you for subscribing to our analytics

Review topic

All Market Review
Log in Registration

Don't have your language?