Londinia Opportunities Analyses - 05/07/2024 (GMT) BRIGHTHOUSE FINANCIAL - 1H
- U.S. Stocks
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 19.18 USD
My targets
20.19 USD (+2.59%)
20.76 USD (+5.49%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on BRIGHTHOUSE FINANCIAL as long as the price remains well above 19.18 USD. The buyers' bullish objective is set at 20.19 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 20.76 USD. If there is any crossing, the next objective would be the resistance located at 23.00 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.4
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Additional analysis
Quotes
The BRIGHTHOUSE FINANCIAL rating is 19.68 USD. The price registered an increase of +0.36% on the session and was traded between 19.45 USD and 19.70 USD over the period. The price is currently at +1.18% from its lowest and -0.10% from its highest.19.45
19.70
19.68
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of BRIGHTHOUSE FINANCIAL in 1H shows a strongly overall bullish trend. 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 scanner does not detect any result on moving averages that would impact this trend.
The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 18.84 | 19.18 | 19.61 | 19.68 | 20.19 | 20.76 | 23.00 |
| Change (%) | -4.27% | -2.54% | -0.36% | - | +2.59% | +5.49% | +16.87% |
| Change | -0.84 | -0.50 | -0.07 | - | +0.51 | +1.08 | +3.32 |
| Level | Minor | Major | Intermediate | - | Intermediate | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 19.09 | 19.20 | 19.40 | 19.51 | 19.71 | 19.82 | 20.02 |
| Camarilla | 19.53 | 19.55 | 19.58 | 19.61 | 19.64 | 19.67 | 19.70 |
| Woodie | 19.15 | 19.22 | 19.46 | 19.53 | 19.77 | 19.84 | 20.08 |
| Fibonacci | 19.20 | 19.32 | 19.39 | 19.51 | 19.63 | 19.70 | 19.82 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 17.58 | 17.92 | 18.58 | 18.92 | 19.58 | 19.92 | 20.58 |
| Camarilla | 18.98 | 19.07 | 19.16 | 19.25 | 19.34 | 19.43 | 19.53 |
| Woodie | 17.75 | 18.00 | 18.75 | 19.00 | 19.75 | 20.00 | 20.75 |
| Fibonacci | 17.92 | 18.30 | 18.54 | 18.92 | 19.30 | 19.54 | 19.92 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14.67 | 16.36 | 17.38 | 19.07 | 20.09 | 21.78 | 22.80 |
| Camarilla | 17.67 | 17.91 | 18.16 | 18.41 | 18.66 | 18.91 | 19.16 |
| Woodie | 14.35 | 16.19 | 17.06 | 18.90 | 19.77 | 21.61 | 22.48 |
| Fibonacci | 16.36 | 17.39 | 18.03 | 19.07 | 20.10 | 20.74 | 21.78 |
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): | 60.38 | |
| MACD (12,26,9): | 0.2500 | |
| Directional Movement: | 20.69 | |
| AROON (14): | 85.71 | |
| DEMA (21): | 19.50 | |
| Parabolic SAR (0,02-0,02-0,2): | 19.30 | |
| Elder Ray (13): | 0.20 | |
| Super Trend (3,10): | 19.06 | |
| Zig ZAG (10): | 19.66 | |
| VORTEX (21): | 1.0700 | |
| Stochastique (14,3,5): | 93.78 | |
| TEMA (21): | 19.65 | |
| Williams %R (14): | -2.15 | |
| Chande Momentum Oscillator (20): | 0.89 | |
| Repulse (5,40,3): | 0.4400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1500 | |
| Courbe Coppock: | 7.09 |
| MA7: | 19.06 | |
| MA20: | 18.79 | |
| MA50: | 19.52 | |
| MA100: | 19.34 | |
| MAexp7: | 19.49 | |
| MAexp20: | 19.19 | |
| MAexp50: | 18.99 | |
| MAexp100: | 18.96 | |
| Price / MA7: | +3.25% | |
| Price / MA20: | +4.74% | |
| Price / MA50: | +0.82% | |
| Price / MA100: | +1.76% | |
| Price / MAexp7: | +0.97% | |
| Price / MAexp20: | +2.55% | |
| Price / MAexp50: | +3.63% | |
| Price / MAexp100: | +3.80% |
Quotes :
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15 min delayed data
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Actions NASDAQ