UCB

- EUR (-)

- 15 min delayed data - Euronext Bruxelles

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	UCB
ISIN:	BE0003739530

UCB - Daily - Technical analysis published on 10/21/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Neutral

Technical indicators

33%

22%

44%

My opinion

Bullish above 71.74 EUR

My targets

76.35 EUR (+4.02%)

83.94 EUR (+14.36%)

My analysis

The strong short-term increase of UCB should quickly allow the basic trend to become bullish. As long as the price remains above the support located at 71.74 EUR, a purchase could be considered. The first bullish objective is located at 76.35 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers could then target the resistance located at 83.94 EUR. If there is any crossing, the next objective would be the resistance at 88.38 EUR. Caution, if there is a return under 71.74 EUR, it should not be forgotten that the basic trend is not yet clear. Caution would then be required.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.

Force

1.8

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

The UCB price is 73.40 EUR. The price is lower by -0.05% since the last closing and was between 72.88 EUR and 73.96 EUR. This implies that the price is at +0.71% from its lowest and at -0.76% from its highest.

72.88

73.96

73.40

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

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

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of UCB in Daily shows a neutral overall trend. The trend could quickly turn bullish due to the strong bullish 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.

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	59.05	66.15	71.74	73.40	76.35	83.94	88.38
Change (%)	-19.55%	-9.88%	-2.26%	-	+4.02%	+14.36%	+20.41%
Change	-14.35	-7.25	-1.66	-	+2.95	+10.54	+14.98
Level	Minor	Major	Major	-	Major	Major	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	71.07	71.85	72.65	73.43	74.23	75.01	75.81
Camarilla	73.01	73.15	73.30	73.44	73.59	73.73	73.88
Woodie	71.07	71.86	72.65	73.44	74.23	75.02	75.81
Fibonacci	71.85	72.46	72.83	73.43	74.04	74.41	75.01

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	68.31	69.89	72.27	73.85	76.23	77.81	80.19
Camarilla	73.57	73.93	74.30	74.66	75.02	75.39	75.75
Woodie	68.72	70.09	72.68	74.05	76.64	78.01	80.60
Fibonacci	69.89	71.40	72.33	73.85	75.36	76.29	77.81

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	61.73	64.17	67.65	70.09	73.57	76.01	79.49
Camarilla	69.49	70.04	70.58	71.12	71.66	72.21	72.75
Woodie	62.24	64.43	68.16	70.35	74.08	76.27	80.00
Fibonacci	64.17	66.44	67.83	70.09	72.36	73.75	76.01

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	54.22
MACD (12,26,9):	0.9200
Directional Movement:	0.71
AROON (14):	78.57
DEMA (21):	73.96
Parabolic SAR (0,02-0,02-0,2):	76.81
Elder Ray (13):	-0.03
Super Trend (3,10):	71.63
Zig ZAG (10):	73.44
VORTEX (21):	1.1400
Stochastique (14,3,5):	51.37
TEMA (21):	75.10
Williams %R (14):	-63.60
Chande Momentum Oscillator (20):	1.70
Repulse (5,40,3):	-1.1900
ROCnROLL:	2
TRIX (15,9):	0.1700
Courbe Coppock:	9.21

MA7:	74.45
MA20:	72.61
MA50:	71.34
MA100:	75.76
MAexp7:	73.95
MAexp20:	72.90
MAexp50:	73.10
MAexp100:	76.81
Price / MA7:	-1.41%
Price / MA20:	+1.09%
Price / MA50:	+2.89%
Price / MA100:	-3.12%
Price / MAexp7:	-0.74%
Price / MAexp20:	+0.69%
Price / MAexp50:	+0.41%
Price / MAexp100:	-4.44%

Quotes : - 15 min delayed data - Euronext Bruxelles

News

The last news published on UCB 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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