Boohoo Group Price: DEBS Extends Downtrend, Aiming for 18 Resistances

PUBLISHED: Aug 29 2025 @ 03:02 | Comments (0) | More info about Azeez Mustapha

At present, the 50-day EMA, serving as the broader trend gauge, highlights 18 points as the key barrier for Boohoo Group Plc (LSE:DEBS), with the stock extending its downtrend and pressing toward that resistance level.

In the long-term view, investors should note that sustained positioning above the 50-day EMA could gradually shift sentiment from weakness to strength. A firm break over the 18-point barrier may redefine the trend structure, offering renewed confidence for accumulation and strategic positioning ahead.

Resistance Levels: 20, 22.5, 25
Support Levels: 12.5, 10, 7.5

Will DEBS Sustain Its Downtrend Toward 18 Resistances as Oscillators Linger in Weakness?

The DEBS Plc stock continues to operate under bearish pressure, as oscillators remain southbound, reinforcing signals of sustained weakness. Unless a decisive shift above the 18 resistance is achieved, the prevailing sentiment favors downside risk, suggesting buyers should maintain cautious positioning while awaiting stronger confirmation of reversal momentum.

A slight divergence has emerged between the trend lines to the downside, with the 15-day EMA settling near the 15 level below the 50-day EMA. Meanwhile, the stochastic oscillators have rebounded northward, advancing toward the 80 zone. This movement suggests emerging buying interest; however, short-term entries should be approached with caution, as momentum may face resistance and potential whipsaw conditions near current levels.

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