SEAGATE TECHNOLOGY HLD.
SEAGATE TECHNOLOGY HLD.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: STX
ISIN: IE00B58JVZ52

SEAGATE TECHNOLOGY HLD. - Daily - Technical analysis published on 07/10/2019 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 47.31 USD
My targets
50.51 USD (+6.00%)
55.22 USD (+15.89%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on SEAGATE TECHNOLOGY PLC as long as the price remains well above 47.31 USD. The buyers” bullish objective is set at 50.51 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 55.22 USD. If there is any crossing, the next objective would be the resistance located at 62.01 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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:
15 min. 1H Weekly

Additional analysis

Quotes

SEAGATE TECHNOLOGY PLC rating 47.65 USD. The price registered an increase of +3.50% on the session with the lowest point at 46.62 USD and the highest point at 47.69 USD. The deviation from the price is +2.21% for the low point and -0.08% for the high point.

46.62
47.69
47.65

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by SEAGATE TECHNOLOGY PLC:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of SEAGATE TECHNOLOGY PLC in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 85.71% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : Daily


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : Daily


Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : Daily



In fact, 12 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily


RSI indicator is back under 50

Type : Bearish

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly


Momentum indicator is back under 0

Type : Bearish

Timeframe : Daily



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Near support of triangle

Type : Bullish

Timeframe : Daily



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 41.88 45.81 47.31 47.65 50.51 55.22 62.01
Change (%) -12.11% -3.86% -0.71% - +6.00% +15.89% +30.14%
Change -5.77 -1.84 -0.34 - +2.86 +7.57 +14.36
Level Major Intermediate Major - Major Minor Major



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard44.7445.1845.6146.0646.4946.9347.36
Camarilla45.8045.8845.9646.0446.1246.2046.28
Woodie44.7345.1845.6046.0546.4846.9347.35
Fibonacci45.1845.5145.7246.0646.3946.6046.93


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard43.3845.0946.1747.8848.9650.6751.75
Camarilla46.4846.7446.9947.2547.5147.7648.02
Woodie43.0744.9345.8647.7248.6550.5151.44
Fibonacci45.0946.1646.8147.8848.9549.6050.67

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 58.67
MACD (12,26,9): 0.5500
Directional Movement: 9.41
AROON (14): 57.14
DEMA (21): 47.04
Parabolic SAR (0,02-0,02-0,2): 49.37
Elder Ray (13): 0.43
Super Trend (3,10): 44.24
Zig ZAG (10): 47.65
VORTEX (21): 1.0200
Stochastique (14,3,5): 38.29
TEMA (21): 47.63
Williams %R (14): -47.83
Chande Momentum Oscillator (20): 1.22
Repulse (5,40,3): 2.1700
ROCnROLL: 1
TRIX (15,9): 0.1700
Courbe Coppock: 8.55
MA7: 47.14
MA20: 46.25
MA50: 45.76
MA100: 46.67
MAexp7: 46.98
MAexp20: 46.39
MAexp50: 46.04
MAexp100: 45.96
Price / MA7: +1.08%
Price / MA20: +3.03%
Price / MA50: +4.13%
Price / MA100: +2.10%
Price / MAexp7: +1.43%
Price / MAexp20: +2.72%
Price / MAexp50: +3.50%
Price / MAexp100: +3.68%

This member declared not having a position on this financial instrument or a related financial instrument.

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