Trend Biasbearish
36/100
Bearish pressure is evident
Technical Analysis
Bearish pressure is evident
Price is below all key moving averages
MACD shows bearish crossover
Market analysis updated based on the close of Oct 16, 2026. Expect heightened volatility as price approaches these key horizontal levels.
With a bearish aggregate bias (score 36/100), look for selling opportunities near the 380.6861 resistance rather than selling into support. Set a protective stop above the 380.69 level, and wait for a volume-backed breakdown below 289.40 to add to the position.
Volume-at-Price · Fundamentals