UBS GROUP N
UBS GROUP N
- CHF (-)
- 15 min delayed data - Switzerland SWX Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: UBSG
ISIN: CH0244767585

UBS GROUP N - 1H - Technical analysis published on 11/07/2023 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 22.2100 CHF
My targets
23.7400 CHF (+4.12%)
My analysis
UBS GROUP N is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 22.2100 CHF. The next resistance located at 23.7400 CHF is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.6

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 UBS GROUP N price is 22.8000 CHF. The price has increased by +4.21% since the last closing and was traded between 21.8300 CHF and 22.9800 CHF over the period. The price is currently at +4.44% from its lowest and -0.78% from its highest.

21.8300
22.9800
22.8000

Here is a more detailed summary of the historical variations registered by UBS GROUP N:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

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


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this UBS GROUP N 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:

Central Indicators

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour



An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator is overbought : over 80

Type : Neutral

Timeframe : 1 hour


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

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

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour


Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Near support of triangle

Type : Bullish

Timeframe : 1 hour



The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Central Candlesticks

Long white line

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 21.9100 22.2100 22.7040 22.8000 23.7400
Change (%) -3.90% -2.59% -0.42% - +4.12%
Change -0.8900 -0.5900 -0.0960 - +0.9400
Level Intermediate Minor Major - 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
Standard21.340021.580021.730021.970022.120022.360022.5100
Camarilla21.772821.808521.844321.880021.915821.951521.9873
Woodie21.295021.557521.685021.947522.075022.337522.4650
Fibonacci21.580021.729021.821021.970022.119022.211022.3600


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard20.330020.700021.340021.710022.350022.720023.3600
Camarilla21.702321.794821.887421.980022.072622.165222.2578
Woodie20.465020.767521.475021.777522.485022.787523.4950
Fibonacci20.700021.085821.324221.710022.095822.334222.7200


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard18.440019.660020.440021.660022.440023.660024.4400
Camarilla20.670020.853321.036721.220021.403321.586721.7700
Woodie18.220019.550020.220021.550022.220023.550024.2200
Fibonacci19.660020.424020.896021.660022.424022.896023.6600

Numerical data


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

Technical indicators
Moving averages

RSI (14): 79.60
MACD (12,26,9): 0.1389
Directional Movement: 43.6415
AROON (14): 100.0000
DEMA (21): 22.1648
Parabolic SAR (0,02-0,02-0,2): 21.8200
Elder Ray (13): 0.3492
Super Trend (3,10): 21.7428
Zig ZAG (10): 22.9100
VORTEX (21): 0.9894
Stochastique (14,3,5): 58.01
TEMA (21): 22.1873
Williams %R (14): -11.90
Chande Momentum Oscillator (20): 0.8200
Repulse (5,40,3): 4.7337
ROCnROLL: 1
TRIX (15,9): 0.0695
Courbe Coppock: 2.45
MA7: 21.8343
MA20: 21.8275
MA50: 22.4722
MA100: 20.7750
MAexp7: 22.1420
MAexp20: 21.9804
MAexp50: 21.7742
MAexp100: 21.6866
Price / MA7: +4.42%
Price / MA20: +4.46%
Price / MA50: +1.46%
Price / MA100: +9.75%
Price / MAexp7: +2.97%
Price / MAexp20: +3.73%
Price / MAexp50: +4.71%
Price / MAexp100: +5.13%

Quotes : - 15 min delayed data - Switzerland SWX 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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