TE CONNECTIVITY PLC - 1H - Technical analysis published on 08/04/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
39%
17%
44%
My opinion
Bullish above 129.75 USD
My targets
134.71 USD (+1.13%)
141.28 USD (+6.06%)
My analysis
The basic bullish trend is very strong on TE CONNECTIVITY but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 129.75 USD. Crossing the first resistance at 134.71 USD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 141.28 USD as an objective. Crossing it would then enable buyers to target 151.31 USD. Caution, a return to below 129.75 USD would be a sign of a consolidation phase in the short-term basic trend. 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
6.1
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
TE CONNECTIVITY rating 133.21 USD. The price is lower by -0.02% since the last closing with the lowest point at 132.54 USD and the highest point at 133.40 USD. The deviation from the price is +0.51% for the low point and -0.14% for the high point.132.54
133.40
133.21
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
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 (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this TE CONNECTIVITY chart shows a strongly bullish trend. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, only 7 technical indicators out of 18 studied are currently positioned bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near support of channel
Type : Bullish
Timeframe : 1 hour
From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:
Bullish harami
Type : Bullish
Timeframe : 1 hour
Three black crows
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 123.05 | 125.56 | 132.57 | 133.21 | 134.71 | 141.28 | 151.31 |
| Change (%) | -7.63% | -5.74% | -0.48% | - | +1.13% | +6.06% | +13.59% |
| Change | -10.16 | -7.65 | -0.64 | - | +1.50 | +8.07 | +18.10 |
| Level | Major | Minor | Major | - | Intermediate | 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 | 129.08 | 130.21 | 131.72 | 132.85 | 134.36 | 135.49 | 137.00 |
| Camarilla | 132.50 | 132.75 | 132.99 | 133.23 | 133.47 | 133.71 | 133.96 |
| Woodie | 129.27 | 130.31 | 131.91 | 132.95 | 134.55 | 135.59 | 137.19 |
| Fibonacci | 130.21 | 131.22 | 131.84 | 132.85 | 133.86 | 134.48 | 135.49 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 111.86 | 116.50 | 125.11 | 129.75 | 138.36 | 143.00 | 151.61 |
| Camarilla | 130.09 | 131.30 | 132.52 | 133.73 | 134.95 | 136.16 | 137.37 |
| Woodie | 113.86 | 117.49 | 127.11 | 130.74 | 140.36 | 143.99 | 153.61 |
| Fibonacci | 116.50 | 121.56 | 124.69 | 129.75 | 134.81 | 137.94 | 143.00 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 88.51 | 97.82 | 115.77 | 125.08 | 143.03 | 152.34 | 170.29 |
| Camarilla | 126.23 | 128.73 | 131.23 | 133.73 | 136.23 | 138.73 | 141.23 |
| Woodie | 92.84 | 99.98 | 120.10 | 127.24 | 147.36 | 154.50 | 174.62 |
| Fibonacci | 97.82 | 108.23 | 114.66 | 125.08 | 135.49 | 141.92 | 152.34 |
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): | 54.83 | |
| MACD (12,26,9): | 0.6900 | |
| Directional Movement: | 4.26 | |
| AROON (14): | 71.43 | |
| DEMA (21): | 133.64 | |
| Parabolic SAR (0,02-0,02-0,2): | 131.17 | |
| Elder Ray (13): | -0.05 | |
| Super Trend (3,10): | 131.02 | |
| Zig ZAG (10): | 132.79 | |
| VORTEX (21): | 0.9800 | |
| Stochastique (14,3,5): | 68.91 | |
| TEMA (21): | 133.07 | |
| Williams %R (14): | -40.38 | |
| Chande Momentum Oscillator (20): | 0.04 | |
| Repulse (5,40,3): | -0.0600 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0900 | |
| Courbe Coppock: | 1.16 |
| MA7: | 131.80 | |
| MA20: | 122.80 | |
| MA50: | 121.66 | |
| MA100: | 124.01 | |
| MAexp7: | 133.08 | |
| MAexp20: | 132.57 | |
| MAexp50: | 130.20 | |
| MAexp100: | 126.43 | |
| Price / MA7: | +1.07% | |
| Price / MA20: | +8.48% | |
| Price / MA50: | +9.49% | |
| Price / MA100: | +7.42% | |
| Price / MAexp7: | +0.10% | |
| Price / MAexp20: | +0.48% | |
| Price / MAexp50: | +2.31% | |
| Price / MAexp100: | +5.36% |
Quotes :
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15 min delayed data
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NYSE Stocks
News
The last news published on TE CONNECTIVITY at the time of the generation of this analysis was as follows:
- TE Connectivity announces third quarter results for fiscal year 2022
- TE Connectivity to report third quarter financial results on July 27, 2022
- TE Connectivity board approves additional $1.5 billion share repurchase
- TE Connectivity charges toward 2030 sustainability goals
- TE Connectivity to present at Bernstein's Strategic Decisions Conference
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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