AFLAC INC.
AFLAC INC.
- USD (-)
- 15 min delayed data - NYSE Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: AFL
ISIN:

AFLAC INC. - 1H - Technical analysis published on 10/26/2023 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Neutral
Underlying: Bearish
Technical indicators
28%
28%
44%
My opinion
Bearish under 78.91 USD
My targets
77.54 USD (-0.89%)
76.77 USD (-1.88%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 78.91 USD remains possible. It is advisable to trade AFLAC INC. with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 78.91 USD. The next bearish objective for sellers is set at 77.54 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 76.77 USD. In case of crossing, the next objective would be the support located at 75.66 USD. PS: if there is a bullish break in the resistance located at 78.91 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
2.9

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 Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The AFLAC INC. price is 78.24 USD. On the day, this instrument lost -0.03% and was traded between 78.11 USD and 79.24 USD over the period. The price is currently at +0.17% from its lowest and -1.26% from its highest.

78.11
79.24
78.24

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in 1H of this AFLAC INC. chart shows a bearish trend. The signals given by moving averages are 67.86% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Central Indicators

Bearish trend reversal : adaptative moving average 50

Type : Bearish

Timeframe : 1 hour


Bearish trend reversal : adaptative moving average 100

Type : Bearish

Timeframe : 1 hour



In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 8 are neutral and 5 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour


MACD indicator is back under 0

Type : Bearish

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : 1 hour


Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 75.66 76.77 77.54 78.24 78.91 79.64 80.68
Change (%) -3.30% -1.88% -0.89% - +0.86% +1.79% +3.12%
Change -2.58 -1.47 -0.70 - +0.67 +1.40 +2.44
Level Intermediate Intermediate Major - Intermediate Minor Minor



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
Standard76.0576.7677.5178.2278.9779.6880.43
Camarilla77.8677.9978.1378.2678.3978.5378.66
Woodie76.0776.7777.5378.2378.9979.6980.45
Fibonacci76.7677.3277.6678.2278.7879.1279.68


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard70.3173.5575.5678.8080.8184.0586.06
Camarilla76.1476.6277.1077.5878.0678.5479.02
Woodie69.7173.2474.9678.4980.2183.7485.46
Fibonacci73.5575.5576.7978.8080.8082.0484.05


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard69.8771.7474.2576.1278.6380.5083.01
Camarilla75.5575.9576.3576.7577.1577.5577.96
Woodie70.1871.9074.5676.2878.9480.6683.32
Fibonacci71.7473.4274.4576.1277.8078.8380.50

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): 46.73
MACD (12,26,9): -0.0100
Directional Movement: 0.70
AROON (14): 78.57
DEMA (21): 78.23
Parabolic SAR (0,02-0,02-0,2): 79.22
Elder Ray (13): 0.03
Super Trend (3,10): 78.86
Zig ZAG (10): 78.20
VORTEX (21): 1.0200
Stochastique (14,3,5): 60.88
TEMA (21): 78.54
Williams %R (14): -58.10
Chande Momentum Oscillator (20): 0.42
Repulse (5,40,3): -0.6900
ROCnROLL: 2
TRIX (15,9): -0.0200
Courbe Coppock: 2.06
MA7: 78.42
MA20: 78.35
MA50: 76.62
MA100: 73.78
MAexp7: 78.47
MAexp20: 78.34
MAexp50: 78.65
MAexp100: 78.63
Price / MA7: -0.23%
Price / MA20: -0.14%
Price / MA50: +2.11%
Price / MA100: +6.04%
Price / MAexp7: -0.29%
Price / MAexp20: -0.13%
Price / MAexp50: -0.52%
Price / MAexp100: -0.50%

Quotes : - 15 min delayed data - NYSE Stocks

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

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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

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