UNIPOL - Daily - Technical analysis published on 12/17/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Strongly bullish
Technical indicators
33%
28%
39%
My opinion
Bullish above 5.057 EUR
My targets
5.416 EUR (+1.77%)
5.965 EUR (+12.09%)
My analysis
The basic bullish trend is very strong on UNIPOL but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 5.057 EUR. Crossing the first resistance at 5.416 EUR would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 5.965 EUR as an objective. Crossing it would then enable buyers to target 23.620 EUR. Caution, a return to below 5.057 EUR would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
FORCE
0
10
5.5
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The UNIPOL price is 5.322 EUR. The price registered an increase of +1.84% on the session with the lowest point at 5.226 EUR and the highest point at 5.362 EUR. The deviation from the price is +1.84% for the low point and -0.75% for the high point.5.226
5.362
5.322
The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.
Opening Gap UP
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of UNIPOL indicates that the overall trend is strongly bullish. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : Daily
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : Daily
In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 7 are neutral and 5 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
MACD indicator is back under 0
Type : Bearish
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near horizontal support
Type : Bullish
Timeframe : Daily
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
White morning star
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 4.513 | 4.727 | 5.284 | 5.322 | 5.416 | 23.620 | 42.100 |
| Change (%) | -15.20% | -11.18% | -0.71% | - | +1.77% | +343.82% | +691.06% |
| Change | -0.809 | -0.595 | -0.038 | - | +0.094 | +18.298 | +36.778 |
| Level | Major | Intermediate | Major | - | Major | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.995 | 5.041 | 5.103 | 5.149 | 5.211 | 5.257 | 5.319 |
| Camarilla | 5.134 | 5.144 | 5.154 | 5.164 | 5.174 | 5.184 | 5.194 |
| Woodie | 5.002 | 5.045 | 5.110 | 5.153 | 5.218 | 5.261 | 5.326 |
| Fibonacci | 5.041 | 5.083 | 5.108 | 5.149 | 5.191 | 5.216 | 5.257 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.977 | 5.065 | 5.175 | 5.263 | 5.373 | 5.461 | 5.571 |
| Camarilla | 5.230 | 5.248 | 5.266 | 5.284 | 5.302 | 5.320 | 5.338 |
| Woodie | 4.987 | 5.071 | 5.185 | 5.269 | 5.383 | 5.467 | 5.581 |
| Fibonacci | 5.065 | 5.141 | 5.188 | 5.263 | 5.339 | 5.386 | 5.461 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.603 | 4.795 | 5.057 | 5.249 | 5.511 | 5.703 | 5.965 |
| Camarilla | 5.195 | 5.237 | 5.278 | 5.320 | 5.362 | 5.403 | 5.445 |
| Woodie | 4.639 | 4.813 | 5.093 | 5.267 | 5.547 | 5.721 | 6.001 |
| Fibonacci | 4.795 | 4.968 | 5.075 | 5.249 | 5.422 | 5.529 | 5.703 |
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): | 51.89 | |
| MACD (12,26,9): | 0.0010 | |
| Directional Movement: | 1.737 | |
| AROON (14): | -64.285 | |
| DEMA (21): | 5.231 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.315 | |
| Elder Ray (13): | 0.038 | |
| Super Trend (3,10): | 5.374 | |
| Zig ZAG (10): | 5.226 | |
| VORTEX (21): | 0.9140 | |
| Stochastique (14,3,5): | 35.94 | |
| TEMA (21): | 5.168 | |
| Williams %R (14): | -42.77 | |
| Chande Momentum Oscillator (20): | -0.064 | |
| Repulse (5,40,3): | -1.0740 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0700 | |
| Courbe Coppock: | 4.61 |
| MA7: | 5.187 | |
| MA20: | 5.246 | |
| MA50: | 5.134 | |
| MA100: | 4.880 | |
| MAexp7: | 5.187 | |
| MAexp20: | 5.213 | |
| MAexp50: | 5.121 | |
| MAexp100: | 4.935 | |
| Price / MA7: | +2.60% | |
| Price / MA20: | +1.45% | |
| Price / MA50: | +3.66% | |
| Price / MA100: | +9.06% | |
| Price / MAexp7: | +2.60% | |
| Price / MAexp20: | +2.09% | |
| Price / MAexp50: | +3.93% | |
| Price / MAexp100: | +7.84% |
News
The latest news and videos published on UNIPOL at the time of the analysis were as follows:
- Unipol Group Partners with TrueMotion for Italy's First Smartphone-Only Telematics Program
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Unipol
-
Unipol
This member declared not having a position on this financial instrument or a related financial instrument.
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