UBIQUITI NETWORKS INC. - Daily - Technical analysis published on 07/11/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
UBIQUITI NETWORKS INC. Chart
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
33%
17%
50%
My opinion
Bearish under 135.41 USD
My targets
128.01 USD (-1.89%)
119.93 USD (-8.09%)
My analysis
UBIQUITI NETWORKS INC. 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 135.41 USD. The next support located at 128.01 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 119.93 USD. Below this support, sellers could then target 112.56 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.
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 Vincent Launay.
Additional analysis
Quotes
UBIQUITI NETWORKS INC. rating 130.48 USD. The price has increased by +0.14% since the last closing and was between 129.03 USD and 131.14 USD. This implies that the price is at +1.12% from its lowest and at -0.50% from its highest.129.03
131.14
130.48
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of this Daily chart of UBIQUITI NETWORKS INC. indicates that the overall trend is strongly bearish. The signals given by moving averages are 89.29% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : Daily
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : Daily
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
RSI indicator is back under 50
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Momentum indicator is back over 0
Type : Bullish
Timeframe : Daily
Williams %R indicator is back under -50
Type : Bearish
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:
Dark cloud cover
Type : Bearish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 112.56 | 119.93 | 128.01 | 130.48 | 135.41 | 147.53 | 171.16 |
| Change (%) | -13.73% | -8.09% | -1.89% | - | +3.78% | +13.07% | +31.18% |
| Change | -17.92 | -10.55 | -2.47 | - | +4.93 | +17.05 | +40.68 |
| Level | Major | Major | Major | - | Intermediate | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 122.56 | 126.29 | 128.30 | 132.03 | 134.03 | 137.76 | 139.77 |
| Camarilla | 128.72 | 129.25 | 129.77 | 130.30 | 130.83 | 131.35 | 131.88 |
| Woodie | 121.70 | 125.86 | 127.43 | 131.60 | 133.17 | 137.33 | 138.90 |
| Fibonacci | 126.29 | 128.48 | 129.84 | 132.03 | 134.22 | 135.57 | 137.76 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 125.04 | 127.60 | 130.31 | 132.87 | 135.58 | 138.14 | 140.85 |
| Camarilla | 131.58 | 132.06 | 132.55 | 133.03 | 133.51 | 134.00 | 134.48 |
| Woodie | 125.13 | 127.64 | 130.40 | 132.91 | 135.67 | 138.18 | 140.94 |
| Fibonacci | 127.60 | 129.61 | 130.85 | 132.87 | 134.88 | 136.12 | 138.14 |
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): | 46.98 | |
| MACD (12,26,9): | -0.5200 | |
| Directional Movement: | 4.12 | |
| AROON (14): | -7.15 | |
| DEMA (21): | 129.73 | |
| Parabolic SAR (0,02-0,02-0,2): | 127.60 | |
| Elder Ray (13): | -0.75 | |
| Super Trend (3,10): | 122.17 | |
| Zig ZAG (10): | 130.02 | |
| VORTEX (21): | 0.9700 | |
| Stochastique (14,3,5): | 49.19 | |
| TEMA (21): | 132.06 | |
| Williams %R (14): | -60.39 | |
| Chande Momentum Oscillator (20): | 1.71 | |
| Repulse (5,40,3): | -3.6200 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0900 | |
| Courbe Coppock: | 0.49 |
| MA7: | 131.24 | |
| MA20: | 130.73 | |
| MA50: | 134.21 | |
| MA100: | 143.48 | |
| MAexp7: | 130.78 | |
| MAexp20: | 130.89 | |
| MAexp50: | 134.22 | |
| MAexp100: | 134.06 | |
| Price / MA7: | -0.58% | |
| Price / MA20: | -0.19% | |
| Price / MA50: | -2.78% | |
| Price / MA100: | -9.06% | |
| Price / MAexp7: | -0.23% | |
| Price / MAexp20: | -0.31% | |
| Price / MAexp50: | -2.79% | |
| Price / MAexp100: | -2.67% |
News
The last news published on UBIQUITI NETWORKS INC. at the time of the generation of this analysis was as follows:
- Ubiquiti Networks Reports Second Quarter Fiscal 2019 Financial Results
- Ubiquiti Introduces Gaming-Optimized AmpliFi HD
- Scott+Scott Attorneys at Law LLP Reminds Investors of Securities Class Action Against Ubiquiti Networks, Inc. (UBNT) and April 23 Lead Plaintiff Deadline
- EQUITY NOTICE: Rosen Law Firm Announces Filing of Securities Class Action Lawsuit Against Ubiquiti Networks, Inc. - UBNT
- SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Class Action Against Ubiquiti Networks, Inc. (UBNT) & Lead Plaintiff Deadline: April 23, 2018
This member declared not having a position on this financial instrument or a related financial instrument.
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