Number of analysis
Number of traders
Last analysis
Find a Product / Trader / Group :
Ticker: EZJ ISIN: GB00B7KR2P84 Type: Stocks
Open: 959.0
Change: +7.5
Volume: 2,533,912
High: 950.5
Low: 965.0
High / Low range: 14.5
963.0 GBX (+0.79%) 2017-02-21 16:35:01 15 min delay - LSE

EASYJET ORD 27 2/7P - EasyJet Stock is Trading Within a Triangle - Daily

The Easy Jet (EZJ:LSE) is trading within a symmetrical triangle over the last three months after the sharp sell-off in June. The price opened with a gap to the downside and failed to recover it as it is developing near the $1031 price level.

The technical structure suggests further upside movement and a penetration of the upper band of the pattern. The price now is trading slightly below the latter level, however, it surpassed the 100-SMA on the daily chart. A break above the descending trend line will expose the price towards the $1110 strong resistance level. On the other hand, the stock may find a strong obstacle for the bulls and return back to the $960 support barrier. Technical indicators are moving in a positive area with some weak momentum. The RSI indicator is flattening above the 50 level while the MACD oscillator holds above both, its trigger and zero lines.
EASYJET ORD 27 2/7P - Daily
EASYJET ORD 27 2/7P live chart
Download a full-size picture

About author

  • Overall rating : 1011
  • Number of analysis : 432
  • Follower(s) :27

Technical analysis comments

Add a comment to this analysis

You must be logged in if you want to chat ...