UBISOFT ENTERTAIN

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	UBI
ISIN:	FR0000054470

UBISOFT ENTERTAIN - 1H - Technical analysis published on 06/07/2023 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bullish

Technical indicators

11%

50%

39%

My opinion

Bullish above 27.02 EUR

My targets

28.01 EUR (+1.97%)

29.79 EUR (+8.46%)

My analysis

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on UBISOFT ENTERTAIN. As long as you are above the support located at 27.02 EUR, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 28.01 EUR would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 29.79 EUR as an objective. Crossing it would then enable buyers to target 31.47 EUR. If the support 27.02 EUR were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.

In the very short term, technical indicators are in opposition with the general bullish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.

Force

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 paf333. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

UBISOFT ENTERTAIN rating 27.47 EUR. The price is lower by -3.04% since the last closing with the lowest point at 27.03 EUR and the highest point at 28.56 EUR. The deviation from the price is +1.63% for the low point and -3.82% for the high point.

27.03

28.56

27.47

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 UBISOFT ENTERTAIN:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of UBISOFT ENTERTAIN indicates that the overall trend is bullish. 75.00% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : 1 hour

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 1 hour

In fact, according to the parameters integrated into the Central Analyzer system, only 9 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is under support 1

Type : Neutral

Timeframe : 1 hour

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : 1 hour

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

Near resistance of channel

Type : Bearish

Timeframe : 1 hour

Near horizontal support

Type : Bullish

Timeframe : 1 hour

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Bullish harami

Type : Bullish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	24.27	25.86	27.02	27.47	28.01	31.47	37.56
Change (%)	-11.65%	-5.86%	-1.64%	-	+1.97%	+14.56%	+36.73%
Change	-3.20	-1.61	-0.45	-	+0.54	+4.00	+10.09
Level	Major	Intermediate	Major	-	Intermediate	Minor	Minor

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	27.15	27.42	27.88	28.15	28.61	28.88	29.34
Camarilla	28.13	28.20	28.26	28.33	28.40	28.46	28.53
Woodie	27.24	27.47	27.97	28.20	28.70	28.93	29.43
Fibonacci	27.42	27.70	27.87	28.15	28.43	28.60	28.88

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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	47.24
MACD (12,26,9):	0.1400
Directional Movement:	-12.72
AROON (14):	-7.15
DEMA (21):	27.99
Parabolic SAR (0,02-0,02-0,2):	28.56
Elder Ray (13):	-0.41
Super Trend (3,10):	28.38
Zig ZAG (10):	27.51
VORTEX (21):	0.9700
Stochastique (14,3,5):	30.67
TEMA (21):	27.86
Williams %R (14):	-69.28
Chande Momentum Oscillator (20):	-0.04
Repulse (5,40,3):	-1.7600
ROCnROLL:	-1
TRIX (15,9):	0.1100
Courbe Coppock:	1.48

MA7:	27.29
MA20:	25.95
MA50:	25.27
MA100:	23.04
MAexp7:	27.77
MAexp20:	27.77
MAexp50:	27.28
MAexp100:	26.68
Price / MA7:	+0.66%
Price / MA20:	+5.86%
Price / MA50:	+8.71%
Price / MA100:	+19.23%
Price / MAexp7:	-1.08%
Price / MAexp20:	-1.08%
Price / MAexp50:	+0.70%
Price / MAexp100:	+2.96%

Quotes : - 15 min delayed data - Euronext Paris

News

The latest news and videos published on UBISOFT ENTERTAIN 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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