Trend Biasbearish
19/100
Bearish pressure is evident
Technical Analysis
Bearish pressure is evident
Price is below all key moving averages
MACD shows bullish crossover
Market analysis updated based on the close of Oct 16, 2026. Traders should monitor volume levels for confirmation of the next move.
With a bearish aggregate bias (score 19/100), look for selling opportunities near the 312.161 resistance rather than selling into support. Set a protective stop above the 312.16 level, and wait for a volume-backed breakdown below 184.95 to add to the position.
Volume-at-Price · Fundamentals