Enagás could draw a double bottom pattern: up to here it would rise

Enagas is proposing a double bottom pattern: yesterday the value drew a hammer figure that it has validated today and has exceeded the maximum, now its chart shows a possible double bottom figure. The level you need to pass are 18,545, which marks 18,550 euros in a daily closingto consider that the situation is better for the value, according to analyst Ramón Bermejo.

In addition, the volume distribution is also compatible with that double minimum pattern, but you need to validate it first. It has lost the bottom of the channel it was in and the only chance to get it back would be through that figure, as we see on the chart.

The theoretical objective of the figure would be 19.23 euros, which means a 4% increase compared to the opening price of this Friday.

Consult here the technical indicators of Investment Strategies for Enagás and access updated trading strategies and analysis of indices and securities in our professional trading service.