UNILEVER PLC - Daily - Technical analysis published on 07/12/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Court terme:
Bearish
De fond:
Slightly bullish
Technical indicators
11%
61%
28%
My opinion
Neutral between 51.01 USD and 55.86 USD
My targets
-
My analysis
The basic trend is slightly bullish and the short term is tentatively bearish. With such a pattern, the price could just as easily move towards the first support as the first resistance. The first support is located at 51.01 USD. The first resistance is located at 55.86 USD. With no basic trend, it will be important to monitor the reaction of the price to the levels cited. A bearish break in the support could quickly reverse the basic trend. A bullish break in resistance would be welcome to boost the slightly bullish basic trend. On the other hand, if the price is blocked by support or resistance, it could be attractive to trade against the trend on the last short-term movement registered by UNILEVER PLC.
In the very short term, despite the neutral opinion of this analysis, technical indicators are bearish and could soon allow change to a bearish sentiment.
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This analysis was given by hsokkar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The UNILEVER PLC price is 54.21 USD. The price registered an increase of +0.93% on the session and was between 53.86 USD and 54.30 USD. This implies that the price is at +0.65% from its lowest and at -0.17% from its highest.53.86
54.30
54.21
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of UNILEVER PLC indicates that the overall trend is slightly bullish. 50.00% of the signals given by moving averages are bullish. Caution: the slightly bearish signals currently given by short-term moving averages indicate that this slightly bullish trend could be reversed. An assessment of moving averages reveals several bearish signals that could impact this trend:
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : Daily
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : Daily
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : Daily
In fact, 11 technical indicators on 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
SuperTrend indicator bearish reversal
Type : Bearish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal support
Type : Bullish
Timeframe : Daily
Support of channel is broken
Type : Bearish
Timeframe : Daily
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 engulfing lines
Type : Bearish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 47.75 | 51.01 | 53.59 | 54.21 | 55.86 | 57.70 | 59.92 |
| Change (%) | -11.92% | -5.90% | -1.14% | - | +3.04% | +6.44% | +10.53% |
| Change | -6.46 | -3.20 | -0.62 | - | +1.65 | +3.49 | +5.71 |
| Level | Minor | Major | Major | - | Major | Major | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 52.04 | 52.80 | 53.25 | 54.01 | 54.47 | 55.23 | 55.68 |
| Camarilla | 53.38 | 53.49 | 53.60 | 53.71 | 53.82 | 53.93 | 54.04 |
| Woodie | 51.89 | 52.72 | 53.10 | 53.94 | 54.32 | 55.15 | 55.53 |
| Fibonacci | 52.80 | 53.26 | 53.55 | 54.01 | 54.48 | 54.76 | 55.23 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 52.96 | 53.67 | 54.67 | 55.38 | 56.38 | 57.09 | 58.09 |
| Camarilla | 55.20 | 55.36 | 55.51 | 55.67 | 55.83 | 55.98 | 56.14 |
| Woodie | 53.10 | 53.74 | 54.81 | 55.45 | 56.53 | 57.17 | 58.24 |
| Fibonacci | 53.67 | 54.32 | 54.73 | 55.38 | 56.04 | 56.44 | 57.09 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 48.75 | 51.31 | 53.09 | 55.65 | 57.44 | 60.00 | 61.78 |
| Camarilla | 53.69 | 54.08 | 54.48 | 54.88 | 55.28 | 55.68 | 56.08 |
| Woodie | 48.36 | 51.11 | 52.71 | 55.46 | 57.05 | 59.80 | 61.40 |
| Fibonacci | 51.31 | 52.97 | 53.99 | 55.65 | 57.31 | 58.34 | 60.00 |
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): | 44.59 | |
| MACD (12,26,9): | -0.0100 | |
| Directional Movement: | -8.05 | |
| AROON (14): | -92.86 | |
| DEMA (21): | 55.32 | |
| Parabolic SAR (0,02-0,02-0,2): | 57.23 | |
| Elder Ray (13): | -0.93 | |
| Super Trend (3,10): | 56.73 | |
| Zig ZAG (10): | 54.21 | |
| VORTEX (21): | 0.8000 | |
| Stochastique (14,3,5): | 10.28 | |
| TEMA (21): | 54.62 | |
| Williams %R (14): | -85.06 | |
| Chande Momentum Oscillator (20): | -3.00 | |
| Repulse (5,40,3): | -0.6300 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.1200 | |
| Courbe Coppock: | 6.49 |
| MA7: | 54.70 | |
| MA20: | 55.69 | |
| MA50: | 53.83 | |
| MA100: | 52.88 | |
| MAexp7: | 54.62 | |
| MAexp20: | 55.08 | |
| MAexp50: | 54.36 | |
| MAexp100: | 54.19 | |
| Price / MA7: | -0.90% | |
| Price / MA20: | -2.66% | |
| Price / MA50: | +0.71% | |
| Price / MA100: | +2.52% | |
| Price / MAexp7: | -0.75% | |
| Price / MAexp20: | -1.58% | |
| Price / MAexp50: | -0.28% | |
| Price / MAexp100: | +0.04% |
Quotes :
2020-07-10 19:59:59
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15 min delayed data
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NYSE Stocks
This member declared not having a position on this financial instrument or a related financial instrument.
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