The scoring system, ranging from 0 to 100, assesses the quality of momentum, or the strength of the trend. It combines investor participation metrics, such as volumes and volume indices, with key technical signals including RSI, MACD, and a selection of short and long moving averages.
Managem is approaching new historical highs. Following a successful pullback at the former resistance level of 5.425 DH, which is now confirmed as support, the stock is on the rise and has reached a new historical peak. The next target, determined through Fibonacci extension, is set at 6.472 DH.
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