AFLAC INC. - 1H - Technical analysis published on 11/27/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
50%
6%
44%
My opinion
Bullish above 82.42 USD
My targets
84.00 USD (+1.33%)
85.05 USD (+2.59%)
My analysis
The bullish trend is currently very strong on AFLAC INC.. As long as the price remains above the support at 82.42 USD, you could try to benefit from the boom. The first bullish objective is located at 84.00 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 85.05 USD as an objective. Crossing it would then enable buyers to target 86.65 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
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
7.5
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
AFLAC INC. rating 82.90 USD. The price is lower by -0.06% since the last closing and was traded between 82.46 USD and 83.10 USD over the period. The price is currently at +0.53% from its lowest and -0.24% from its highest.82.46
83.10
82.90
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
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 (1 year)
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 this 1H chart of AFLAC INC. indicates that the overall trend is strongly bullish. 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. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 80.82 | 81.82 | 82.42 | 82.90 |
| Change (%) | -2.51% | -1.30% | -0.58% | - |
| Change | -2.08 | -1.08 | -0.48 | - |
| Level | Minor | Intermediate | Intermediate | - |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 81.52 | 82.00 | 82.48 | 82.96 | 83.44 | 83.92 | 84.40 |
| Camarilla | 82.69 | 82.77 | 82.86 | 82.95 | 83.04 | 83.13 | 83.21 |
| Woodie | 81.51 | 82.00 | 82.47 | 82.96 | 83.43 | 83.92 | 84.39 |
| Fibonacci | 82.00 | 82.37 | 82.60 | 82.96 | 83.33 | 83.56 | 83.92 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 78.70 | 79.75 | 81.35 | 82.40 | 84.00 | 85.05 | 86.65 |
| Camarilla | 82.22 | 82.46 | 82.71 | 82.95 | 83.19 | 83.44 | 83.68 |
| Woodie | 78.98 | 79.89 | 81.63 | 82.54 | 84.28 | 85.19 | 86.93 |
| Fibonacci | 79.75 | 80.76 | 81.39 | 82.40 | 83.41 | 84.04 | 85.05 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 67.16 | 70.83 | 74.27 | 77.94 | 81.38 | 85.05 | 88.49 |
| Camarilla | 75.76 | 76.41 | 77.06 | 77.71 | 78.36 | 79.01 | 79.67 |
| Woodie | 67.05 | 70.77 | 74.16 | 77.88 | 81.27 | 84.99 | 88.38 |
| Fibonacci | 70.83 | 73.55 | 75.22 | 77.94 | 80.66 | 82.33 | 85.05 |
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): | 60.94 | |
| MACD (12,26,9): | 0.2700 | |
| Directional Movement: | 9.49 | |
| AROON (14): | 14.28 | |
| DEMA (21): | 83.00 | |
| Parabolic SAR (0,02-0,02-0,2): | 83.29 | |
| Elder Ray (13): | 0.20 | |
| Super Trend (3,10): | 82.13 | |
| Zig ZAG (10): | 83.00 | |
| VORTEX (21): | 1.1100 | |
| Stochastique (14,3,5): | 48.59 | |
| TEMA (21): | 83.01 | |
| Williams %R (14): | -45.63 | |
| Chande Momentum Oscillator (20): | 0.46 | |
| Repulse (5,40,3): | 0.2500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0600 | |
| Courbe Coppock: | 1.05 |
| MA7: | 82.04 | |
| MA20: | 80.85 | |
| MA50: | 78.79 | |
| MA100: | 76.06 | |
| MAexp7: | 82.84 | |
| MAexp20: | 82.63 | |
| MAexp50: | 82.09 | |
| MAexp100: | 81.40 | |
| Price / MA7: | +1.05% | |
| Price / MA20: | +2.54% | |
| Price / MA50: | +5.22% | |
| Price / MA100: | +8.99% | |
| Price / MAexp7: | +0.07% | |
| Price / MAexp20: | +0.33% | |
| Price / MAexp50: | +0.99% | |
| Price / MAexp100: | +1.84% |
Quotes :
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15 min delayed data
-
NYSE Stocks
News
The last news published on AFLAC INC. at the time of the generation of this analysis was as follows:
- Aflac Incorporated to Present at the Goldman Sachs Financial Services Conference 2023
- Aflac's award-winning My Special Aflac Duck® brings high-tech comfort and joy to San Antonio children facing cancer and blood disorders
-
Experts are seeing more cancer in younger adults: Aflac CEO
- Aflac Incorporated Announces Third Quarter Results, Reports Third Quarter Net Earnings of $1.6 Billion, Declares Fourth Quarter Dividend, Increases First Quarter 2024 Dividend 19%
- Frederick J. Crawford to Retire as President; Chief Operating Officer of Aflac Incorporated
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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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