Seascape Energy Asia Price: SEA Is in Wide Ranges, Holding in 40 and 30 Points

PUBLISHED: 22 Mar 2025 @ 16:12 | Comments (0) | More info about Azeez Mustapha

The price movement pathway has resorted to a visible rising mode, as the situation portrays that the Seascape Energy Asia Plc (LSE:SEA) is in wide ranges, holding in 40 and 30 values.

From a technical standpoint, sellers are increasing pressure below the 40-range threshold to establish a definitive downward crossover between the shorter and longer moving averages. The consolidation phase of the oscillators within the oversold region is likely to extend stock depreciation, though sustained declines beyond the critical 20-support level may remain limited in the long-term trend structure.

Resistance Levels: 40, 45, 50
Support Levels: 30, 25, 20

Is it technically valid to align oscillators with EMAs to confirm a potential downtrend in SEA Plc stock amid range-bound movements?

Being as it is, traders needed to factor in a breakdown of the SEA Plc stock at the underlying support of 30, given that the stock trade level is in wide ranges, holding between 40 and 30 points.

The 15-day EMA trend line has maintained a steady eastward position above the 50-day EMA indicator. Meanwhile, the stochastic oscillators are currently situated in lower zones, indicating that the market is striving to stabilize its foundation. If the subsequent price movements sustain their momentum without succumbing to excessive downward pressure, the likelihood of an unnecessary decline below the 30-point mark in the long-term trajectory remains minimal.

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Seascape Energy Asia Price: SEA Reverts to Reverses, Tending Getting an Extension by Azeez Mustapha