AFLAC INC. - 1H - Technical analysis published on 05/22/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
39%
22%
39%
My opinion
Bullish above 87.05 USD
My targets
88.08 USD (+0.56%)
My analysis
The bullish trend is currently very strong on AFLAC INC.. As long as the price remains above the support at 87.05 USD, you could try to benefit from the boom. The first bullish objective is located at 88.08 USD. The bullish momentum would be boosted by a break in this resistance. 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.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
6.6
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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 87.59 USD. The price registered a decrease of -0.11% on the session and was traded between 87.06 USD and 87.72 USD over the period. The price is currently at +0.61% from its lowest and -0.15% from its highest.87.06
87.72
87.59
Here is a more detailed summary of the historical variations registered by AFLAC INC.:
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
A technical analysis in 1H of this AFLAC INC. chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
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
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:
Near support of channel
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 83.30 | 85.24 | 87.05 | 87.59 | 88.08 |
| Change (%) | -4.90% | -2.68% | -0.62% | - | +0.56% |
| Change | -4.29 | -2.35 | -0.54 | - | +0.49 |
| Level | Major | Major | Minor | - | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 85.77 | 86.41 | 86.80 | 87.44 | 87.83 | 88.47 | 88.86 |
| Camarilla | 86.91 | 87.00 | 87.10 | 87.19 | 87.28 | 87.38 | 87.47 |
| Woodie | 85.65 | 86.35 | 86.68 | 87.38 | 87.71 | 88.41 | 88.74 |
| Fibonacci | 86.41 | 86.80 | 87.05 | 87.44 | 87.83 | 88.08 | 88.47 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 83.05 | 84.03 | 85.95 | 86.93 | 88.85 | 89.83 | 91.75 |
| Camarilla | 87.07 | 87.34 | 87.60 | 87.87 | 88.14 | 88.40 | 88.67 |
| Woodie | 83.52 | 84.27 | 86.42 | 87.17 | 89.32 | 90.07 | 92.22 |
| Fibonacci | 84.03 | 85.14 | 85.82 | 86.93 | 88.04 | 88.72 | 89.83 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 72.80 | 75.83 | 79.50 | 82.53 | 86.20 | 89.23 | 92.90 |
| Camarilla | 81.33 | 81.94 | 82.56 | 83.17 | 83.78 | 84.40 | 85.01 |
| Woodie | 73.12 | 75.99 | 79.82 | 82.69 | 86.52 | 89.39 | 93.22 |
| Fibonacci | 75.83 | 78.39 | 79.97 | 82.53 | 85.09 | 86.67 | 89.23 |
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): | 57.75 | |
| MACD (12,26,9): | 0.1800 | |
| Directional Movement: | 1.58 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 87.70 | |
| Parabolic SAR (0,02-0,02-0,2): | 87.95 | |
| Elder Ray (13): | 0.02 | |
| Super Trend (3,10): | 86.81 | |
| Zig ZAG (10): | 87.59 | |
| VORTEX (21): | 1.1100 | |
| Stochastique (14,3,5): | 41.50 | |
| TEMA (21): | 87.52 | |
| Williams %R (14): | -47.86 | |
| Chande Momentum Oscillator (20): | -0.27 | |
| Repulse (5,40,3): | 0.2600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0400 | |
| Courbe Coppock: | 0.45 |
| MA7: | 86.78 | |
| MA20: | 84.93 | |
| MA50: | 83.84 | |
| MA100: | 82.17 | |
| MAexp7: | 87.49 | |
| MAexp20: | 87.40 | |
| MAexp50: | 86.77 | |
| MAexp100: | 85.83 | |
| Price / MA7: | +0.93% | |
| Price / MA20: | +3.13% | |
| Price / MA50: | +4.47% | |
| Price / MA100: | +6.60% | |
| Price / MAexp7: | +0.11% | |
| Price / MAexp20: | +0.22% | |
| Price / MAexp50: | +0.95% | |
| Price / MAexp100: | +2.05% |
Quotes :
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15 min delayed data
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NYSE Stocks
News
The latest news and videos published on AFLAC INC. at the time of the analysis were as follows:
- Aflac: 6 Common Myths About Supplemental Insurance
- Aflac Global Investments to acquire stake in private credit asset management firm Tree Line Capital Partners
- Aflac Incorporated Announces First Quarter Results, Reports First Quarter Net Earnings of $1.9 Billion, Declares Second Quarter Cash Dividend
- A Beginner’s Guide To An Irrevocable Life Insurance Trust (ILIT)
- Aflac Incorporated Revises Time of First Quarter Webcast Teleconference to 7:00 a.m. (ET) on Thursday, May 2, 2024
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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