Schneider Electric Infrastructure Limited (SCHNEIDER) Stock - Complete Technical Analysis - Dec 16, 2024

Schneider Electric Infrastructure (SCHNEIDER) Stock Analysis: Support, Resistance & Trend Signals

Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Investing in stocks involves risks, and it's essential to conduct thorough research or consult with a financial advisor before making investment decisions.

Schneider Electric Infrastructure Limited (SCHNEIDER) is experiencing a neutral to slightly bullish trend, with the stock trading at 834.80. It has been in a consolidation phase between 810 and 850, and recent price action suggests indecision. The RSI is at a neutral level, showing that the stock isn't overbought or oversold. Meanwhile, the MACD indicates mild upward momentum, and the Stochastic oscillator is showing potential for further bullish movement. However, resistance at the 850 mark needs to be overcome for the stock to continue its upward movement, with potential targets of 880 to 900. On the other hand, a break below the support level of 815 could signal a downward move towards 790-780. The key takeaway here is that traders should keep an eye on the breakout above 850 or a breakdown below 815 for a clearer trend.