VERISK ANALYTICS INC. - 1H - Technical analysis published on 12/19/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
67%
17%
My opinion
Bearish under 278.87 USD
My targets
262.51 USD (-4.68%)
246.20 USD (-10.61%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on VERISK ANALYTICS INC. as long as the price remains well below 278.87 USD. The sellers' bearish objective is set at 262.51 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 246.20 USD. In case of crossing, the next objective would be the support located at 225.38 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
7.7
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Additional analysis
Quotes
The VERISK ANALYTICS INC. rating is 275.41 USD. The price is lower by -0.05% since the last closing and was between 273.85 USD and 277.75 USD. This implies that the price is at +0.57% from its lowest and at -0.84% from its highest.273.85
277.75
275.41
A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by VERISK ANALYTICS INC.:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of VERISK ANALYTICS INC. indicates that the overall trend is strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
Technical indicators are bearish. There is still some doubt about the decline in the price.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 2
Type : Neutral
Timeframe : Weekly
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 225.38 | 246.20 | 262.51 | 275.41 | 276.70 | 278.87 | 285.20 |
| Change (%) | -18.17% | -10.61% | -4.68% | - | +0.47% | +1.26% | +3.55% |
| Change | -50.03 | -29.21 | -12.90 | - | +1.29 | +3.46 | +9.79 |
| Level | Major | Major | Intermediate | - | Minor | Intermediate | Major |
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 | 269.00 | 272.25 | 273.90 | 277.15 | 278.80 | 282.05 | 283.70 |
| Camarilla | 274.21 | 274.66 | 275.11 | 275.56 | 276.01 | 276.46 | 276.91 |
| Woodie | 268.21 | 271.85 | 273.11 | 276.75 | 278.01 | 281.65 | 282.91 |
| Fibonacci | 272.25 | 274.12 | 275.28 | 277.15 | 279.02 | 280.18 | 282.05 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 271.65 | 276.33 | 279.84 | 284.52 | 288.03 | 292.71 | 296.22 |
| Camarilla | 281.10 | 281.85 | 282.60 | 283.35 | 284.10 | 284.85 | 285.60 |
| Woodie | 271.07 | 276.04 | 279.26 | 284.23 | 287.45 | 292.42 | 295.64 |
| Fibonacci | 276.33 | 279.46 | 281.39 | 284.52 | 287.65 | 289.58 | 292.71 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 252.06 | 261.36 | 277.59 | 286.89 | 303.12 | 312.42 | 328.65 |
| Camarilla | 286.80 | 289.14 | 291.48 | 293.82 | 296.16 | 298.50 | 300.84 |
| Woodie | 255.53 | 263.09 | 281.06 | 288.62 | 306.59 | 314.15 | 332.12 |
| Fibonacci | 261.36 | 271.11 | 277.14 | 286.89 | 296.64 | 302.67 | 312.42 |
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): | 30.08 | |
| MACD (12,26,9): | -1.9000 | |
| Directional Movement: | -27.36 | |
| AROON (14): | -92.86 | |
| DEMA (21): | 276.98 | |
| Parabolic SAR (0,02-0,02-0,2): | 278.41 | |
| Elder Ray (13): | -2.47 | |
| Super Trend (3,10): | 281.74 | |
| Zig ZAG (10): | 276.06 | |
| VORTEX (21): | 0.8500 | |
| Stochastique (14,3,5): | 17.17 | |
| TEMA (21): | 276.20 | |
| Williams %R (14): | -76.02 | |
| Chande Momentum Oscillator (20): | -4.04 | |
| Repulse (5,40,3): | -0.4000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0800 | |
| Courbe Coppock: | 3.14 |
| MA7: | 280.78 | |
| MA20: | 286.75 | |
| MA50: | 279.33 | |
| MA100: | 273.29 | |
| MAexp7: | 277.05 | |
| MAexp20: | 279.34 | |
| MAexp50: | 282.05 | |
| MAexp100: | 283.87 | |
| Price / MA7: | -1.91% | |
| Price / MA20: | -3.95% | |
| Price / MA50: | -1.40% | |
| Price / MA100: | +0.78% | |
| Price / MAexp7: | -0.59% | |
| Price / MAexp20: | -1.41% | |
| Price / MAexp50: | -2.35% | |
| Price / MAexp100: | -2.98% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The latest news and videos published on VERISK ANALYTICS INC. at the time of the analysis were as follows:
- Lockton Re Selects Verisk U.S. Agricultural Risk Models to Develop New (Re)Insurance Solutions
- Verisk Offers Insurers Address-Level Insights to Better Assess Fire Protection Capabilities
- Verisk Reports Third-Quarter 2024 Financial Results
- Verisk Debuts New Statistical Reporting Technology on Guidewire Marketplace
- Verisk CEO Lee Shavel Appointed to Federal Advisory Committee on Insurance
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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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