UBISOFT ENTERTAIN - 1H - Technical analysis published on 06/05/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
56%
11%
33%
My opinion
Bullish above 27.54 EUR
My targets
28.01 EUR (+1.19%)
29.79 EUR (+7.63%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on UBISOFT ENTERTAIN as long as the price remains well above 27.54 EUR. The buyers' bullish objective is set at 28.01 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 29.79 EUR. If there is any crossing, the next objective would be the resistance located at 31.47 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
7.5
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This analysis was given by paf333. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The UBISOFT ENTERTAIN rating is 27.68 EUR. The price registered an increase of +1.02% on the session and was traded between 27.23 EUR and 27.75 EUR over the period. The price is currently at +1.65% from its lowest and -0.25% from its highest.27.23
27.75
27.68
Here is a more detailed summary of the historical variations registered by UBISOFT ENTERTAIN:
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 UBISOFT ENTERTAIN in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 10 technical indicators on 18 studied are currently bullish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Momentum indicator is back under 0
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 horizontal resistance
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 25.86 | 27.11 | 27.54 | 27.68 | 28.01 | 31.47 | 37.56 |
Change (%) | -6.58% | -2.06% | -0.51% | - | +1.19% | +13.69% | +35.69% |
Change | -1.82 | -0.57 | -0.14 | - | +0.33 | +3.79 | +9.88 |
Level | Intermediate | Major | Minor | - | Major | Minor | Minor |
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 | 25.79 | 26.39 | 26.89 | 27.49 | 27.99 | 28.59 | 29.09 |
Camarilla | 27.10 | 27.20 | 27.30 | 27.40 | 27.50 | 27.60 | 27.70 |
Woodie | 25.75 | 26.37 | 26.85 | 27.47 | 27.95 | 28.57 | 29.05 |
Fibonacci | 26.39 | 26.81 | 27.07 | 27.49 | 27.91 | 28.17 | 28.59 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 22.78 | 23.97 | 25.69 | 26.88 | 28.60 | 29.79 | 31.51 |
Camarilla | 26.60 | 26.87 | 27.13 | 27.40 | 27.67 | 27.93 | 28.20 |
Woodie | 23.04 | 24.10 | 25.95 | 27.01 | 28.86 | 29.92 | 31.77 |
Fibonacci | 23.97 | 25.09 | 25.77 | 26.88 | 28.00 | 28.68 | 29.79 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 19.10 | 20.82 | 23.68 | 25.40 | 28.26 | 29.98 | 32.84 |
Camarilla | 25.27 | 25.69 | 26.11 | 26.53 | 26.95 | 27.37 | 27.79 |
Woodie | 19.66 | 21.11 | 24.24 | 25.69 | 28.82 | 30.27 | 33.40 |
Fibonacci | 20.82 | 22.57 | 23.65 | 25.40 | 27.15 | 28.23 | 29.98 |
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): | 65.53 | |
MACD (12,26,9): | 0.2700 | |
Directional Movement: | 12.43 | |
AROON (14): | -50.00 | |
DEMA (21): | 27.74 | |
Parabolic SAR (0,02-0,02-0,2): | 27.86 | |
Elder Ray (13): | 0.21 | |
Super Trend (3,10): | 27.01 | |
Zig ZAG (10): | 27.73 | |
VORTEX (21): | 1.0700 | |
Stochastique (14,3,5): | 58.18 | |
TEMA (21): | 27.65 | |
Williams %R (14): | -31.82 | |
Chande Momentum Oscillator (20): | -0.08 | |
Repulse (5,40,3): | 0.7500 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.1700 | |
Courbe Coppock: | 1.33 |
MA7: | 26.56 | |
MA20: | 25.84 | |
MA50: | 25.03 | |
MA100: | 22.90 | |
MAexp7: | 27.54 | |
MAexp20: | 27.34 | |
MAexp50: | 26.72 | |
MAexp100: | 26.20 | |
Price / MA7: | +4.22% | |
Price / MA20: | +7.12% | |
Price / MA50: | +10.59% | |
Price / MA100: | +20.87% | |
Price / MAexp7: | +0.51% | |
Price / MAexp20: | +1.24% | |
Price / MAexp50: | +3.59% | |
Price / MAexp100: | +5.65% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
Don't forget to follow the news on UBISOFT ENTERTAIN. At the time of publication of this analysis, the latest news was as follows:
- Information mensuelle relative au nombre total de droits de vote et d’actions composant le capital social
- Ubisoft Launches an Offering of Bonds Convertible Into And/or Exchangeable for New or Existing Shares (“oceanes”) Due 2028 for a Nominal Amount of Approximately €450 Million
- UBISOFT REPORTS FIRST-HALF 2022-23 EARNINGS FIGURES
- Ubisoft Announces its Global Creative Office
- UBISOFT CHANGES RELEASE SCHEDULE OF SKULL AND BONES™, ANNOUNCES OPEN BETA AHEAD OF LAUNCH
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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