William Alligator: the stock is in a bearish position because the candle sticks are under the Teeth, Lips and Jaw and the lines are “eating with an open mouth” this indicate that the stock is in a strong downtrend.
MACD: the line is under the signal line, this is a bearish confirmation. Moreover, the red vertical bars indicate that the price is decreasing.
ADX: the line is at 24.42, so the stock is currently in a strong downtrend.
Candlestick patterns: there is a bearish engulfing which is a bearish confirmation.
Overall: it can be interesting to take a sell position on this stock because all indicators indicate that the price is decreasing and will continue like that. Moreover, the stock is in a strong downtrend. Entry price is lower than the current price for assurance and stop loss is set at -5%.
MACD: the line is under the signal line, this is a bearish confirmation. Moreover, the red vertical bars indicate that the price is decreasing.
ADX: the line is at 24.42, so the stock is currently in a strong downtrend.
Candlestick patterns: there is a bearish engulfing which is a bearish confirmation.
Overall: it can be interesting to take a sell position on this stock because all indicators indicate that the price is decreasing and will continue like that. Moreover, the stock is in a strong downtrend. Entry price is lower than the current price for assurance and stop loss is set at -5%.