The configuration is negative.
Our pivot point is at 5.1.
Our preference: the downside prevails as long as 5.1 is resistance.
Alternative scenario: the upside breakout of 5.1, would call for 5.2 and 5.3.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 5 and 5.1).
Supports and resistances:
5.3 **
5.2 *
5.1 **
5.0
5.0 last
4.8
4.7 **