Yara is a stock many investors would love to own

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YARA is in a horizontal trend channel if you look a year + back. It is supported by the long averages. On the latter, the short averages are declining.
The price has been between 393 and 500.

In Friday's we had a marginal break down of 2.15% with slightly increased volume. Today, the stock is testing the floor of the trend.

The stock is oversold in the short term, but not in the long term. Refers to RSI 7, 14 and 21.

On volume balance OVB has been declining over the past 22 days.

Oscillators and moving averages stand from one day to a month on sell.

An assessment of the stock will depend on whether it returns in trend or if we get a documented trend break.
Considers to further the stock technically slightly negative in the short to medium term.

Disclaimer: I have a position in the stock.

Remember that you need to do your own research and assessment before buying and selling.

Sources: Trading View.

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