TE CONNECTIVITY PLC - 1H - Technical analysis published on 11/18/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
67%
17%
My opinion
Bearish under 149.87 USD
My targets
147.41 USD (-0.61%)
145.51 USD (-1.89%)
My analysis
TE CONNECTIVITY PLC is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 149.87 USD. The next support located at 147.41 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 145.51 USD. Below this support, sellers could then target 144.07 USD. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
7
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 PLC price is 148.32 USD. The price is lower by -0.02% since the last closing with the lowest point at 147.40 USD and the highest point at 148.57 USD. The deviation from the price is +0.62% for the low point and -0.17% for the high point.147.40
148.57
148.32
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this TE CONNECTIVITY PLC chart shows a sharp bearish trend. 85.71% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:
Moving Average bearish crossovers : AMA20 & AMA50
Type : Bearish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
RSI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 144.07 | 145.51 | 147.41 | 148.32 | 149.87 | 151.26 | 153.60 |
| Change (%) | -2.87% | -1.89% | -0.61% | - | +1.05% | +1.98% | +3.56% |
| Change | -4.25 | -2.81 | -0.91 | - | +1.55 | +2.94 | +5.28 |
| Level | Intermediate | Intermediate | Major | - | Intermediate | Intermediate | Intermediate |
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 | 142.87 | 145.48 | 146.91 | 149.52 | 150.95 | 153.56 | 154.99 |
| Camarilla | 147.24 | 147.61 | 147.98 | 148.35 | 148.72 | 149.09 | 149.46 |
| Woodie | 142.29 | 145.19 | 146.33 | 149.23 | 150.37 | 153.27 | 154.41 |
| Fibonacci | 145.48 | 147.02 | 147.97 | 149.52 | 151.06 | 152.01 | 153.56 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 136.50 | 142.29 | 145.32 | 151.11 | 154.14 | 159.93 | 162.96 |
| Camarilla | 145.93 | 146.73 | 147.54 | 148.35 | 149.16 | 149.97 | 150.78 |
| Woodie | 135.12 | 141.60 | 143.94 | 150.42 | 152.76 | 159.24 | 161.58 |
| Fibonacci | 142.29 | 145.66 | 147.74 | 151.11 | 154.48 | 156.56 | 159.93 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 133.65 | 138.63 | 143.03 | 148.01 | 152.41 | 157.39 | 161.79 |
| Camarilla | 144.84 | 145.70 | 146.56 | 147.42 | 148.28 | 149.14 | 150.00 |
| Woodie | 133.35 | 138.49 | 142.73 | 147.87 | 152.11 | 157.25 | 161.49 |
| Fibonacci | 138.63 | 142.22 | 144.43 | 148.01 | 151.60 | 153.81 | 157.39 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 30.37 | |
| MACD (12,26,9): | -1.6700 | |
| Directional Movement: | -26.55 | |
| AROON (14): | -64.29 | |
| DEMA (21): | 149.00 | |
| Parabolic SAR (0,02-0,02-0,2): | 151.30 | |
| Elder Ray (13): | -2.09 | |
| Super Trend (3,10): | 151.29 | |
| Zig ZAG (10): | 148.17 | |
| VORTEX (21): | 0.7400 | |
| Stochastique (14,3,5): | 6.28 | |
| TEMA (21): | 147.69 | |
| Williams %R (14): | -89.28 | |
| Chande Momentum Oscillator (20): | -5.75 | |
| Repulse (5,40,3): | -0.1800 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1100 | |
| Courbe Coppock: | 7.51 |
| MA7: | 152.57 | |
| MA20: | 150.91 | |
| MA50: | 148.57 | |
| MA100: | 149.25 | |
| MAexp7: | 148.70 | |
| MAexp20: | 150.97 | |
| MAexp50: | 152.30 | |
| MAexp100: | 151.85 | |
| Price / MA7: | -2.79% | |
| Price / MA20: | -1.72% | |
| Price / MA50: | -0.17% | |
| Price / MA100: | -0.62% | |
| Price / MAexp7: | -0.26% | |
| Price / MAexp20: | -1.76% | |
| Price / MAexp50: | -2.61% | |
| Price / MAexp100: | -2.32% |
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 PLC at the time of the analysis were as follows:
- TE Connectivity announces fourth quarter and fiscal 2024 results with full year records for operating margin, EPS and cash generation
- TE Connectivity to report fourth quarter and full year financial results on October 30, 2024
- Sam Eldessouky appointed to TE Connectivity Board of Directors
- TE Connectivity completes change in place of incorporation to Ireland
- TE Connectivity announces pricing of $350 million 4.625% senior notes offering
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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