TE CONNECTIVITY PLC - 1H - Technical analysis published on 02/16/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
50%
22%
28%
My opinion
Bullish above 139.57 USD
My targets
145.07 USD (+1.40%)
149.35 USD (+4.39%)
My analysis
The bullish trend is currently very strong on TE CONNECTIVITY. As long as the price remains above the support at 139.57 USD, you could try to benefit from the boom. The first bullish objective is located at 145.07 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 149.35 USD as an objective. Crossing it would then enable buyers to target 160.03 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.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
5.9
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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 TE CONNECTIVITY rating is 143.07 USD. On the day, this instrument lost -0.07% with the lowest point at 143.02 USD and the highest point at 144.06 USD. The deviation from the price is +0.03% for the low point and -0.69% for the high point.143.02
144.06
143.07
A study of price movements over other periods shows the following variations:
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 TE CONNECTIVITY chart shows a strongly bullish trend. The signals given by the moving averages are 82.14% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, of the 18 technical indicators analysed by Central Analyzer, 9 are bullish, 5 are neutral and 4 are bearish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Williams %R indicator is back under -50
Type : Bearish
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 resistance of channel
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
Price
S3 | S2 | S1 | Price | R1 | R2 | |
---|---|---|---|---|---|---|
ProTrendLines | 132.52 | 139.57 | 142.54 | 143.07 | 145.07 | 160.03 |
Change (%) | -7.37% | -2.45% | -0.37% | - | +1.40% | +11.85% |
Change | -10.55 | -3.50 | -0.53 | - | +2.00 | +16.96 |
Level | Major | Major | Major | - | Major | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 140.56 | 141.66 | 142.42 | 143.52 | 144.28 | 145.38 | 146.14 |
Camarilla | 142.66 | 142.83 | 143.00 | 143.17 | 143.34 | 143.51 | 143.68 |
Woodie | 140.38 | 141.58 | 142.24 | 143.44 | 144.10 | 145.30 | 145.96 |
Fibonacci | 141.66 | 142.37 | 142.81 | 143.52 | 144.23 | 144.67 | 145.38 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 136.39 | 137.96 | 140.71 | 142.28 | 145.03 | 146.60 | 149.35 |
Camarilla | 142.27 | 142.67 | 143.06 | 143.46 | 143.86 | 144.25 | 144.65 |
Woodie | 136.98 | 138.26 | 141.30 | 142.58 | 145.62 | 146.90 | 149.94 |
Fibonacci | 137.96 | 139.61 | 140.63 | 142.28 | 143.93 | 144.95 | 146.60 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 112.74 | 120.37 | 130.98 | 138.61 | 149.22 | 156.85 | 167.46 |
Camarilla | 136.58 | 138.26 | 139.93 | 141.60 | 143.27 | 144.94 | 146.62 |
Woodie | 114.24 | 121.12 | 132.48 | 139.36 | 150.72 | 157.60 | 168.96 |
Fibonacci | 120.37 | 127.33 | 131.64 | 138.61 | 145.57 | 149.88 | 156.85 |
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): | 55.45 | |
MACD (12,26,9): | 0.4800 | |
Directional Movement: | 4.68 | |
AROON (14): | 7.14 | |
DEMA (21): | 143.62 | |
Parabolic SAR (0,02-0,02-0,2): | 142.91 | |
Elder Ray (13): | 0.13 | |
Super Trend (3,10): | 141.29 | |
Zig ZAG (10): | 143.33 | |
VORTEX (21): | 1.1600 | |
Stochastique (14,3,5): | 56.54 | |
TEMA (21): | 143.89 | |
Williams %R (14): | -64.25 | |
Chande Momentum Oscillator (20): | -0.22 | |
Repulse (5,40,3): | -0.1300 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.0400 | |
Courbe Coppock: | 2.23 |
MA7: | 142.51 | |
MA20: | 141.64 | |
MA50: | 138.00 | |
MA100: | 130.89 | |
MAexp7: | 143.50 | |
MAexp20: | 143.02 | |
MAexp50: | 142.41 | |
MAexp100: | 141.61 | |
Price / MA7: | +0.39% | |
Price / MA20: | +1.01% | |
Price / MA50: | +3.67% | |
Price / MA100: | +9.31% | |
Price / MAexp7: | -0.30% | |
Price / MAexp20: | +0.03% | |
Price / MAexp50: | +0.46% | |
Price / MAexp100: | +1.03% |
Quotes :
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15 min delayed data
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NYSE Stocks
News
The latest news and videos published on TE CONNECTIVITY at the time of the analysis were as follows:
- TE Connectivity ranked among Fortune World's Most Admired Companies for seventh year
- TE Connectivity announces first quarter results for fiscal year 2024
- TE Connectivity to hold annual general meeting of shareholders March 13, 2024
- TE Connectivity to report first quarter financial results on Jan. 24, 2024
- TE Connectivity named to Dow Jones Sustainability Index for 12th consecutive year
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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