STMICROELECTRONICS - 1H - Technical analysis published on 01/09/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bearish
Technical indicators
17%
56%
28%
My opinion
Bearish under 24.703 EUR
My targets
23.992 EUR (-1.93%)
23.675 EUR (-3.23%)
My analysis
STMICROELECTRONICS is currently trying to strengthen its basic trend with a very bearish short term. As long as the price remains below 24.703 EUR, traders may consider taking advantage of this bearish acceleration and setting themselves to trade only in short positions (for sale). Sellers will encounter the support at 23.992 EUR. A bearish break in this support would confirm a continuation of the bearish acceleration. The next support located at 23.675 EUR would then be the next bearish objective for sellers. Crossing it would then enable sellers to target 23.210 EUR. Beware of a possible return to above the resistance located at 24.703 EUR which would be a sign of a correction of the short-term bearish excesses registered.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
4.1
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The STMICROELECTRONICS price is 24.465 EUR. On the day, this instrument lost -0.91% and was between 24.200 EUR and 24.570 EUR. This implies that the price is at +1.10% from its lowest and at -0.43% from its highest.24.200
24.570
24.465
The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of STMICROELECTRONICS indicates that the overall trend is slightly bearish. 60.71% of the signals given by moving averages are bearish. This slightly bearish trend could be reinforced by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 10 technical indicators on 18 studied are currently bearish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Bearish harami
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 23.675 | 23.992 | 24.425 | 24.465 | 24.703 | 24.925 | 25.279 |
Change (%) | -3.23% | -1.93% | -0.16% | - | +0.97% | +1.88% | +3.33% |
Change | -0.790 | -0.473 | -0.040 | - | +0.238 | +0.460 | +0.814 |
Level | Minor | Minor | Major | - | Minor | 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 |
---|---|---|---|---|---|---|---|
Standard | 23.243 | 23.927 | 24.308 | 24.992 | 25.373 | 26.057 | 26.438 |
Camarilla | 24.397 | 24.495 | 24.592 | 24.690 | 24.788 | 24.885 | 24.983 |
Woodie | 23.093 | 23.851 | 24.158 | 24.916 | 25.223 | 25.981 | 26.288 |
Fibonacci | 23.927 | 24.334 | 24.585 | 24.992 | 25.399 | 25.650 | 26.057 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 21.830 | 22.520 | 23.005 | 23.695 | 24.180 | 24.870 | 25.355 |
Camarilla | 23.167 | 23.275 | 23.382 | 23.490 | 23.598 | 23.705 | 23.813 |
Woodie | 21.728 | 22.469 | 22.903 | 23.644 | 24.078 | 24.819 | 25.253 |
Fibonacci | 22.520 | 22.969 | 23.246 | 23.695 | 24.144 | 24.421 | 24.870 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 20.480 | 21.793 | 22.901 | 24.214 | 25.322 | 26.635 | 27.743 |
Camarilla | 23.344 | 23.566 | 23.788 | 24.010 | 24.232 | 24.454 | 24.676 |
Woodie | 20.379 | 21.742 | 22.800 | 24.163 | 25.221 | 26.584 | 27.642 |
Fibonacci | 21.793 | 22.718 | 23.289 | 24.214 | 25.139 | 25.710 | 26.635 |
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): | 38.19 | |
MACD (12,26,9): | -0.1050 | |
Directional Movement: | -16.177 | |
AROON (14): | -71.429 | |
DEMA (21): | 24.790 | |
Parabolic SAR (0,02-0,02-0,2): | 25.133 | |
Elder Ray (13): | -0.235 | |
Super Trend (3,10): | 25.164 | |
Zig ZAG (10): | 24.490 | |
VORTEX (21): | 0.8290 | |
Stochastique (14,3,5): | 19.89 | |
TEMA (21): | 24.464 | |
Williams %R (14): | -78.40 | |
Chande Momentum Oscillator (20): | -1.020 | |
Repulse (5,40,3): | 0.1460 | |
ROCnROLL: | 2 | |
TRIX (15,9): | 0.0160 | |
Courbe Coppock: | 7.92 |
MA7: | 24.520 | |
MA20: | 24.547 | |
MA50: | 24.531 | |
MA100: | 25.351 | |
MAexp7: | 24.560 | |
MAexp20: | 24.830 | |
MAexp50: | 24.699 | |
MAexp100: | 24.530 | |
Price / MA7: | -0.22% | |
Price / MA20: | -0.33% | |
Price / MA50: | -0.27% | |
Price / MA100: | -3.49% | |
Price / MAexp7: | -0.39% | |
Price / MAexp20: | -1.47% | |
Price / MAexp50: | -0.95% | |
Price / MAexp100: | -0.26% |
Quotes :
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15 min delayed data
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Italy Stocks
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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