TE CONNECTIVITY PLC

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	TEL
ISIN:	CH0102993182

TE CONNECTIVITY PLC - 1H - Technical analysis published on 06/03/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Bullish

Underlying: Slightly bullish

Technical indicators

72%

28%

My opinion

Bullish above 147.20 USD

My targets

151.15 USD (+0.98%)

152.30 USD (+1.75%)

My analysis

The basic trend is currently slightly bullish on TE CONNECTIVITY and the short term does not seem to show any sign of improvement. Buyers are struggling to get their hands on this instrument. However, as long as the price remains above 147.20 USD, purchases could be favourable. The first bullish objective would be the resistance located at 151.15 USD. Then the price could move towards 152.30 USD. Then 159.34 USD by extension. A return under the support to 147.20 USD could jeopardize this fragile bullish trend. Indecision would then be total and in this case you could keep away.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

4.8

Comment on the analysis

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:

Additional analysis

Quotes

The TE CONNECTIVITY price is 149.68 USD. The price is lower by -0.01% since the last closing and was traded between 149.41 USD and 150.24 USD over the period. The price is currently at +0.18% from its lowest and -0.37% from its highest.

149.41

150.24

149.68

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by TE CONNECTIVITY:

The Central Records scanner for higher/lower results shows the following items:

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

Technical analysis of TE CONNECTIVITY in 1H shows an overall slightly bullish trend. Only 60.71% of the signals given by moving averages are bullish. This slightly bullish trend is not supported by the signals currently being given by short-term moving averages. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:

Moving Average bearish crossovers : MA50 & MA100

Type : Bearish

Timeframe : 1 hour

Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour

Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Near resistance of channel

Type : Bearish

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:

Bullish harami

Type : Bullish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	138.71	141.93	147.20	149.68	149.86	151.15	152.30
Change (%)	-7.33%	-5.18%	-1.66%	-	+0.12%	+0.98%	+1.75%
Change	-10.97	-7.75	-2.48	-	+0.18	+1.47	+2.62
Level	Major	Major	Intermediate	-	Minor	Intermediate	Intermediate

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	144.25	145.41	147.56	148.72	150.87	152.03	154.18
Camarilla	148.79	149.09	149.40	149.70	150.00	150.31	150.61
Woodie	144.74	145.66	148.05	148.97	151.36	152.28	154.67
Fibonacci	145.41	146.68	147.46	148.72	149.99	150.77	152.03

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	141.03	143.81	146.75	149.53	152.47	155.25	158.19
Camarilla	148.13	148.65	149.18	149.70	150.22	150.75	151.27
Woodie	141.12	143.85	146.84	149.57	152.56	155.29	158.28
Fibonacci	143.81	145.99	147.34	149.53	151.71	153.06	155.25

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	125.07	131.05	140.37	146.35	155.67	161.65	170.97
Camarilla	145.49	146.90	148.30	149.70	151.10	152.51	153.91
Woodie	126.75	131.89	142.05	147.19	157.35	162.49	172.65
Fibonacci	131.05	136.89	140.50	146.35	152.19	155.80	161.65

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):	61.94
MACD (12,26,9):	-0.2900
Directional Movement:	17.58
AROON (14):	28.57
DEMA (21):	147.96
Parabolic SAR (0,02-0,02-0,2):	146.65
Elder Ray (13):	1.50
Super Trend (3,10):	147.21
Zig ZAG (10):	149.98
VORTEX (21):	1.0700
Stochastique (14,3,5):	75.21
TEMA (21):	148.01
Williams %R (14):	-20.90
Chande Momentum Oscillator (20):	1.63
Repulse (5,40,3):	0.9000
ROCnROLL:	1
TRIX (15,9):	-0.0600
Courbe Coppock:	0.19

MA7:	149.57
MA20:	148.37
MA50:	144.71
MA100:	142.13
MAexp7:	148.75
MAexp20:	148.50
MAexp50:	149.11
MAexp100:	148.62
Price / MA7:	+0.07%
Price / MA20:	+0.88%
Price / MA50:	+3.43%
Price / MA100:	+5.31%
Price / MAexp7:	+0.63%
Price / MAexp20:	+0.79%
Price / MAexp50:	+0.38%
Price / MAexp100:	+0.71%

Quotes : - 15 min delayed data - NYSE Stocks

News

The latest news and videos published on TE CONNECTIVITY at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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