years on the market

Sber Bank Stock Analysis

Shares of  Sberbank continue the bearish path after it came out of the bullish channel that was floating in it.

The price was able to break through the moving averages and the movement is moving below the 20-50-7 moving averages consistently

Moving above the price and forming price resistance levels

The stochastic has emerged from the oversold area but is in a sideways path near this area in reference to the bearish path

The expected movement between support 224.47 and resistance 258.39

General trend of the movement: bearish.

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