UNITE GRP. ORD 25P - Daily - Technical analysis published on 11/14/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 1,111 GBX
My targets
1,174 GBX (+1.29%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on UNITE GRP. ORD 25P as long as the price remains well above 1,111 GBX. The buyers” bullish objective is set at 1,174 GBX. A bullish break in this resistance would boost the bullish momentum. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
8.8
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The UNITE GRP. ORD 25P rating is 1,159 GBX. The price registered an increase of +0.35% on the session and was traded between 1,155 GBX and 1,165 GBX over the period. The price is currently at +0.35% from its lowest and -0.52% from its highest.1,155
1,165
1,159
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of UNITE GRP. ORD 25P in Daily shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : Daily
In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
Near resistance of channel
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 1,020 | 1,076 | 1,111 | 1,159 | 1,174 |
| Change (%) | -11.99% | -7.16% | -4.14% | - | +1.29% |
| Change | -139 | -83 | -48 | - | +15 |
| Level | Minor | Major | Major | - | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,129 | 1,136 | 1,146 | 1,153 | 1,163 | 1,170 | 1,180 |
| Camarilla | 1,150 | 1,152 | 1,153 | 1,155 | 1,157 | 1,158 | 1,160 |
| Woodie | 1,130 | 1,137 | 1,147 | 1,154 | 1,164 | 1,171 | 1,181 |
| Fibonacci | 1,136 | 1,143 | 1,147 | 1,153 | 1,160 | 1,164 | 1,170 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,081 | 1,095 | 1,112 | 1,126 | 1,143 | 1,157 | 1,174 |
| Camarilla | 1,121 | 1,123 | 1,126 | 1,129 | 1,132 | 1,135 | 1,138 |
| Woodie | 1,083 | 1,096 | 1,114 | 1,127 | 1,145 | 1,158 | 1,176 |
| Fibonacci | 1,095 | 1,107 | 1,114 | 1,126 | 1,138 | 1,145 | 1,157 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 952 | 1,008 | 1,067 | 1,123 | 1,182 | 1,238 | 1,297 |
| Camarilla | 1,093 | 1,104 | 1,115 | 1,125 | 1,136 | 1,146 | 1,157 |
| Woodie | 953 | 1,009 | 1,068 | 1,124 | 1,183 | 1,239 | 1,298 |
| Fibonacci | 1,008 | 1,052 | 1,079 | 1,123 | 1,167 | 1,194 | 1,238 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 66.00 | |
| MACD (12,26,9): | 12.0000 | |
| Directional Movement: | 16 | |
| AROON (14): | 100 | |
| DEMA (21): | 1,148 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,099 | |
| Elder Ray (13): | 23 | |
| Super Trend (3,10): | 1,105 | |
| Zig ZAG (10): | 1,158 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 90.00 | |
| TEMA (21): | 1,145 | |
| Williams %R (14): | -11.00 | |
| Chande Momentum Oscillator (20): | 29 | |
| Repulse (5,40,3): | 2.0000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 2.00 |
| MA7: | 1,139 | |
| MA20: | 1,133 | |
| MA50: | 1,100 | |
| MA100: | 1,060 | |
| MAexp7: | 1,144 | |
| MAexp20: | 1,132 | |
| MAexp50: | 1,104 | |
| MAexp100: | 1,064 | |
| Price / MA7: | +1.76% | |
| Price / MA20: | +2.29% | |
| Price / MA50: | +5.36% | |
| Price / MA100: | +9.34% | |
| Price / MAexp7: | +1.31% | |
| Price / MAexp20: | +2.39% | |
| Price / MAexp50: | +4.98% | |
| Price / MAexp100: | +8.93% |
This member declared not having a position on this financial instrument or a related financial instrument.
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