Societe Generale ADR closes 0.69% lower, still above its $14.21 daily 20-session EMA
Photo: The Cryptonomist
Societe Generale Analysis shows SCGLY closed at $14.43, down 0.69%, with mixed daily momentum and key support at the 20-session EMA of $14.21. Societe Generale’s ADR ( SCGLY ) holds a neutral daily setup, with short-term support offset by resistance at longer exponential averages. The ADR sits above its 20-session EMA but below its 50-session and 200-session EMAs, leaving the hourly chart to offer support without resolving the daily conflict. SCGLY’s daily chart shows support at the daily 20-session EMA of $14.21 but no bullish alignment.
Source: The Cryptonomist
