technicals

Price and moving averages has closed above its Short term moving average. Short term moving average is currently above mid-term; AND below long term moving averages. From the relationship between price and moving averages; we can see that: This stock is BULLISH in short-term; and NEUTRAL in mid-long term.
MEO.AX has closed above the upper band by 1.5%. Bollinger Bands are 163.8% wider than normal. The large width of the bands suggest high volatility as compared to MEO.AX's normal range. The bands have been in this wide range for 2 bars. This is a sign that the current trend might continue.