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 12/21/2023 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Slightly bullish

Technical indicators

67%

17%

My opinion

Bullish above 24.04 EUR

My targets

25.13 EUR (+3.71%)

26.15 EUR (+7.92%)

My analysis

The strong short-term increase for UBISOFT ENTERTAIN reinforces the current slightly bullish trend. As long as the price remains above 24.04 EUR, you could take advantage of this bullish acceleration. The first bullish objective is located at 25.13 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 26.15 EUR as an objective. Crossing it would then enable buyers to target 26.89 EUR. A return to 24.04 EUR would be a sign of a possible correction of short-term bullish excesses. In this case, you could stay away while waiting for signals indicating a reversal of the trend.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

4.1

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

UBISOFT ENTERTAIN rating 24.23 EUR. The price has increased by +0.87% since the last closing with the lowest point at 23.70 EUR and the highest point at 24.27 EUR. The deviation from the price is +2.24% for the low point and -0.16% for the high point.

23.70

24.27

24.23

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by UBISOFT ENTERTAIN:

The study of the highest / lowest by the Central Records scanner shows the following result:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of UBISOFT ENTERTAIN in 1H shows an overall slightly bullish trend. Only 57.14% of the signals given by moving averages are bullish. This slightly bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

The technical indicators are bullish. There is still some doubt about the price increase.
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

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

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

Bearish harami cross

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	21.95	23.34	24.04	24.23	25.13	26.15	26.89
Change (%)	-9.41%	-3.67%	-0.78%	-	+3.71%	+7.92%	+10.98%
Change	-2.28	-0.89	-0.19	-	+0.90	+1.92	+2.66
Level	Minor	Major	Intermediate	-	Minor	Minor	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	23.22	23.48	23.75	24.01	24.28	24.54	24.81
Camarilla	23.87	23.92	23.97	24.02	24.07	24.12	24.17
Woodie	23.23	23.48	23.76	24.01	24.29	24.54	24.82
Fibonacci	23.48	23.68	23.81	24.01	24.21	24.34	24.54

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	21.42	22.25	23.09	23.92	24.76	25.59	26.43
Camarilla	23.46	23.61	23.77	23.92	24.07	24.23	24.38
Woodie	21.42	22.25	23.09	23.92	24.76	25.59	26.43
Fibonacci	22.25	22.89	23.29	23.92	24.56	24.96	25.59

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	18.40	21.78	23.95	27.33	29.50	32.88	35.05
Camarilla	24.60	25.11	25.62	26.13	26.64	27.15	27.66
Woodie	17.81	21.48	23.36	27.03	28.91	32.58	34.46
Fibonacci	21.78	23.90	25.21	27.33	29.45	30.76	32.88

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):	61.68
MACD (12,26,9):	0.0600
Directional Movement:	0.36
AROON (14):	-64.29
DEMA (21):	24.07
Parabolic SAR (0,02-0,02-0,2):	23.70
Elder Ray (13):	0.20
Super Trend (3,10):	23.64
Zig ZAG (10):	24.23
VORTEX (21):	1.1600
Stochastique (14,3,5):	80.18
TEMA (21):	24.11
Williams %R (14):	-7.02
Chande Momentum Oscillator (20):	0.21
Repulse (5,40,3):	2.1400
ROCnROLL:	1
TRIX (15,9):	0.0300
Courbe Coppock:	0.33

MA7:	23.89
MA20:	25.15
MA50:	27.04
MA100:	27.73
MAexp7:	24.07
MAexp20:	23.98
MAexp50:	23.95
MAexp100:	24.33
Price / MA7:	+1.42%
Price / MA20:	-3.66%
Price / MA50:	-10.39%
Price / MA100:	-12.62%
Price / MAexp7:	+0.66%
Price / MAexp20:	+1.04%
Price / MAexp50:	+1.17%
Price / MAexp100:	-0.41%

Quotes : - 15 min delayed data - Euronext Paris

News

The last news published on UBISOFT ENTERTAIN at the time of the generation of this analysis was as follows:

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

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