Londinia Opportunities Analyses - 05/06/2024 (GMT) STEWART INFORMATION SERVICES - 1H

STEWART INFORMATION SERVICES
- USD (-)
- 15 min delayed data - NYSE Stocks
Type: Stocks
Ticker: STC
ISIN:

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • U.S. Stocks
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 63.64 USD
My targets
65.05 USD (+1.62%)
66.83 USD (+4.40%)
My analysis
The bullish trend is currently very strong on STEWART INFORMATION SERVICES. As long as the price remains above the support at 63.64 USD, you could try to benefit from the boom. The first bullish objective is located at 65.05 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 66.83 USD as an objective. Crossing it would then enable buyers to target 75.39 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.9

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.

Additional analysis

Quotes

STEWART INFORMATION SERVICES rating 64.01 USD. On the day, this instrument gained +1.43% and was between 62.78 USD and 64.01 USD. This implies that the price is at +1.96% from its lowest and at 0% from its highest.

62.78
64.01
64.01

A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of STEWART INFORMATION SERVICES indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

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
Price


S3S2S1PriceR1R2
ProTrendLines 61.36 62.87 63.64 64.01 65.05 75.39
Change (%) -4.14% -1.78% -0.58% - +1.62% +17.78%
Change -2.65 -1.14 -0.37 - +1.04 +11.38
Level Intermediate Major Minor - Major Major



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
Standard62.3762.7362.9263.2863.4763.8364.02
Camarilla62.9663.0163.0663.1163.1663.2163.26
Woodie62.2962.6962.8463.2463.3963.7963.94
Fibonacci62.7362.9463.0763.2863.4963.6263.83


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard59.0960.2261.6762.8064.2565.3866.83
Camarilla62.4062.6462.8763.1163.3563.5863.82
Woodie59.2460.3061.8262.8864.4065.4666.98
Fibonacci60.2261.2161.8262.8063.7964.4065.38


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard51.2854.7658.3861.8665.4868.9672.58
Camarilla60.0660.7161.3662.0162.6663.3163.96
Woodie51.3654.8058.4661.9065.5669.0072.66
Fibonacci54.7657.4759.1461.8664.5766.2468.96

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): 64.26
MACD (12,26,9): 0.3100
Directional Movement: 15.91
AROON (14): 100.00
DEMA (21): 63.26
Parabolic SAR (0,02-0,02-0,2): 61.66
Elder Ray (13): 0.29
Super Trend (3,10): 62.11
Zig ZAG (10): 64.01
VORTEX (21): 0.9500
Stochastique (14,3,5): 88.45
TEMA (21): 63.49
Williams %R (14): 0.00
Chande Momentum Oscillator (20): 2.04
Repulse (5,40,3): 1.1500
ROCnROLL: 1
TRIX (15,9): 0.0300
Courbe Coppock: 4.32
MA7: 62.69
MA20: 61.52
MA50: 61.76
MA100: 60.40
MAexp7: 63.38
MAexp20: 62.93
MAexp50: 62.55
MAexp100: 62.17
Price / MA7: +2.11%
Price / MA20: +4.05%
Price / MA50: +3.64%
Price / MA100: +5.98%
Price / MAexp7: +0.99%
Price / MAexp20: +1.72%
Price / MAexp50: +2.33%
Price / MAexp100: +2.96%

Quotes : - 15 min delayed data - Actions NYSE