MARKS & SPENCER Technical Analysis | MKS.L | GB0031274896

The price is ascending at a quick rate. Watch out for retracements under 363.475 which can be considered as bearish trend exaggerations and would set the stock as an interesting buying opportunity.

MEDIUM TERM COMMENTARY

Medium term price trend Marks & Spencer Group is still bullish this week. This market keeps a relative behavior greater 56.9178 than FTSE 100 INDEX. Volatility has been increasing during last month. Be alert to the proximity of resistance 398.8, and a possible retracement from this level.

RISK ANALYSIS

Alpha:	0.0081
Beta:	0.6721
R2:	0.1796
Relative Performance:	56.9178%
Relative Strength:	0.3631
Retractment from maximum:	-2.4824%
Quarterly Volatility:	28.9936%
Distance to 20 days moving average:	5.0141%
Distance to 200 days moving average:	19.2374%

Intraday

1 year

PERFORMANCE SUMMARY (24/11/2009)

Last Price:	388.9
Since Dec. 31st:	81.0943%
Last Month:	11.9781%
Last Week:	5.5933%
Reference Index:	FTSE 100
Correlation:	0.4238
Support:	332.5
Resistance:	398.8
Trend:
Cycle phase this week:
Cycle phase last week:
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•	Technical Analysis