Stock Technical indicators to notice in ALLIANZ AG ADR (AZ.BA)
1- Last bearish trend was from 67.25 $ (12/12/2007) to 26.15 $ (2/19/2009) a 41.10 $ move 2- The current bullish trend started from 26.15 $ at 2/19/2009 and is currently trading at 41.25 $.
4- AZ.BA current resistance level is at 41.85 which is the 38.20 % fibonacci retracement of the last 41.10 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
ALLIANZ AG ADR (AZ.BA) Short term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 67.250 and 71.400, and is currently resisting at 61.440.
ALLIANZ AG ADR (AZ.BA) Mid term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 67.250 and 71.400, and is currently resisting at 61.440.
ALLIANZ AG ADR (AZ.BA) Long term stock chart patterns for internet stock trading :
None.
Stock Trading Conclusion:
ALLIANZ AG ADR (AZ.BA) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 41.85, 46.70, 51.55, 61.44, 67.25, 78.43, 92.65.
Stock Support levels : 37.69, 35.85, 35.48, 33.70, 31.92, 26.15,.
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