Societe Generale ADR closes 0.69% lower, still above its $14.21 daily 20-session EMA

Image: The Cryptonomist
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. Key takeaways SCGLY closed Thursday at $14.43, down 0.69%, above its daily 20-session EMA at $14.21 but below the 50-session EMA at $15.15 and 200-session EMA at $15.76. Daily RSI14 is 49.79, just below the neutral 50 threshold, while the daily MACD histogram is positive at 0.17. The daily Bollinger mid-band is $14, with the upper band at $14.74 and lower band at $13.26; daily ATR14 is $0.42.
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