Londinia Opportunities Analyses - 06/23/2022 (GMT) STMICROELECTRONICS N.V. - 1H
- U.S. Stocks
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
6%
78%
17%
My opinion
Bearish under 32.99 USD
My targets
30.80 USD (-4.93%)
29.02 USD (-10.44%)
My analysis
STMICROELECTRONICS N.V. is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 32.99 USD. The next support located at 30.80 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 29.02 USD. Below this support, sellers could then target 25.24 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
8.4
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
The STMICROELECTRONICS N.V. rating is 32.40 USD. The price is lower by -2.20% since the last closing and was traded between 32.33 USD and 33.03 USD over the period. The price is currently at +0.22% from its lowest and -1.91% from its highest.32.33
33.03
32.40
The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New LOW record (1 year)
Type : Bearish
Timeframe : Weekly
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this STMICROELECTRONICS N.V. chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 14 technical indicators on 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 11.62 | 17.64 | 25.24 | 32.40 | 32.99 | 34.14 | 35.56 |
| Change (%) | -64.14% | -45.56% | -22.10% | - | +1.82% | +5.37% | +9.75% |
| Change | -20.78 | -14.76 | -7.16 | - | +0.59 | +1.74 | +3.16 |
| Level | Major | Intermediate | Intermediate | - | Major | Minor | Intermediate |
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 | 31.97 | 32.48 | 32.80 | 33.31 | 33.63 | 34.14 | 34.46 |
| Camarilla | 32.90 | 32.98 | 33.05 | 33.13 | 33.21 | 33.28 | 33.36 |
| Woodie | 31.89 | 32.43 | 32.72 | 33.26 | 33.55 | 34.09 | 34.38 |
| Fibonacci | 32.48 | 32.79 | 32.99 | 33.31 | 33.62 | 33.82 | 34.14 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 29.02 | 30.80 | 32.00 | 33.78 | 34.98 | 36.76 | 37.96 |
| Camarilla | 32.37 | 32.64 | 32.92 | 33.19 | 33.46 | 33.74 | 34.01 |
| Woodie | 28.72 | 30.66 | 31.70 | 33.64 | 34.68 | 36.62 | 37.66 |
| Fibonacci | 30.80 | 31.94 | 32.65 | 33.78 | 34.92 | 35.63 | 36.76 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 30.57 | 32.67 | 36.35 | 38.45 | 42.13 | 44.23 | 47.91 |
| Camarilla | 38.43 | 38.96 | 39.49 | 40.02 | 40.55 | 41.08 | 41.61 |
| Woodie | 31.35 | 33.07 | 37.13 | 38.85 | 42.91 | 44.63 | 48.69 |
| Fibonacci | 32.67 | 34.88 | 36.25 | 38.45 | 40.66 | 42.03 | 44.23 |
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): | 35.15 | |
| MACD (12,26,9): | -0.3600 | |
| Directional Movement: | -16.82 | |
| AROON (14): | -85.72 | |
| DEMA (21): | 32.64 | |
| Parabolic SAR (0,02-0,02-0,2): | 33.67 | |
| Elder Ray (13): | -0.49 | |
| Super Trend (3,10): | 33.40 | |
| Zig ZAG (10): | 32.42 | |
| VORTEX (21): | 0.9000 | |
| Stochastique (14,3,5): | 4.61 | |
| TEMA (21): | 32.64 | |
| Williams %R (14): | -94.35 | |
| Chande Momentum Oscillator (20): | -0.79 | |
| Repulse (5,40,3): | -0.7100 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1100 | |
| Courbe Coppock: | 6.42 |
| MA7: | 33.51 | |
| MA20: | 36.89 | |
| MA50: | 37.33 | |
| MA100: | 39.80 | |
| MAexp7: | 32.68 | |
| MAexp20: | 33.09 | |
| MAexp50: | 33.93 | |
| MAexp100: | 35.21 | |
| Price / MA7: | -3.31% | |
| Price / MA20: | -12.17% | |
| Price / MA50: | -13.21% | |
| Price / MA100: | -18.59% | |
| Price / MAexp7: | -0.86% | |
| Price / MAexp20: | -2.09% | |
| Price / MAexp50: | -4.51% | |
| Price / MAexp100: | -7.98% |
Quotes :
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15 min delayed data
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