. Adidas Stock Price News & Technical Analysis - 20 March 2023

Adidas Stock Price News & Technical Analysis – 20 March 2023

Adidas Stock Price News & Technical Analysis – 20 March 2023

20 Apr 2023

ADIDAS AG OLD Technical Analysis: Weekly Chart

In the weekly charts, Adidas Ag G Old is trading in an up channel. Adidas AG Old is currently trading above all SMA.

RSI is in the buying zone which indicates bullishness. MACD is currently above zero which indicates bullishness.

Its immediate support is 170.00 the resistance level is at 185.00

 Adidas AG Old will trade in an up channel until its trend reversal.

ADIDAS AG OLD Technical Analysis: Daily Chart

In the daily charts, Adidas AG Old is trading in an up channel. Adidas AG Old is currently trading above all SMA except MA (5).

RSI is in the buying zone which indicates bullishness. MACD is currently above zero which indicates bullishness.

Its immediate support is 170.00 the resistance level is at 185.00

Adidas AG Old will trade in an up channel until there is a trend reversal.  

How to Trade ADIDAS AG OLD this Week:

Adidas AG Old will follow the uptrend until its trend reversal. So, remain bullish on Adidas AG Old.

TRADE SUGGESTION- BUY AT 175.00, TAKE PROFIT AT 185.00 AND STOP LOSS AT 165.00