UNILEVER

- EUR (-)

- 15 min delayed data - Euronext Amsterdam

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	UNA
ISIN:	GB00B10RZP78

UNILEVER - Daily - Technical analysis published on 01/10/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Neutral

Technical indicators

78%

11%

My opinion

Bullish above 43.565 EUR

My targets

45.492 EUR (+1.54%)

46.992 EUR (+4.89%)

My analysis

The current short-term bullish acceleration on UNILEVER should quickly allow the basic trend to return to bullish. To avoid contradicting the short term, traders may prefer long positions (at the time of purchase) as long as the price remains well above 43.565 EUR. Short-term buyers will use the resistance located at 45.492 EUR as an objective. A bullish break in this resistance would boost the bullish momentum. The next bullish objective would then be set at 46.992 EUR. Crossing this resistance would then open the door for buyers to target 48.141 EUR. Caution, if there is a return to under 43.565 EUR, it should not be forgotten that the basic trend is not yet clearly defined. Beware of against the trend sellers, many of whom will certainly benefit from this movement.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

3.6

Comment on the analysis

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.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The UNILEVER price is 44.800 EUR. The price registered a decrease of -0.46% on the session and was traded between 44.725 EUR and 45.250 EUR over the period. The price is currently at +0.17% from its lowest and -0.99% from its highest.

44.725

45.250

44.800

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

Here is a more detailed summary of the historical variations registered by UNILEVER:

The Central Records scanner for higher/lower results shows the following items:

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of UNILEVER in Daily shows a neutral overall trend. The strong bullish signals currently being given by short-term moving averages could allow the overall trend to return to bullish. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Bullish trend reversal : Moving Average 50

Type : Bullish

Timeframe : Daily

Moving Average bullish crossovers : MA20 & MA50

Type : Bullish

Timeframe : Daily

The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

CCI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

RSI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	42.571	43.565	44.517	44.800	45.492	46.992	48.141
Change (%)	-4.98%	-2.76%	-0.63%	-	+1.54%	+4.89%	+7.46%
Change	-2.229	-1.235	-0.283	-	+0.692	+2.192	+3.341
Level	Minor	Intermediate	Major	-	Major	Major	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	44.330	44.505	44.755	44.930	45.180	45.355	45.605
Camarilla	44.888	44.927	44.966	45.005	45.044	45.083	45.122
Woodie	44.368	44.524	44.793	44.949	45.218	45.374	45.643
Fibonacci	44.505	44.667	44.768	44.930	45.092	45.193	45.355

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	42.142	42.968	43.767	44.593	45.392	46.218	47.017
Camarilla	44.118	44.267	44.416	44.565	44.714	44.863	45.012
Woodie	42.128	42.961	43.753	44.586	45.378	46.211	47.003
Fibonacci	42.968	43.589	43.973	44.593	45.214	45.598	46.218

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	41.928	42.632	43.243	43.947	44.558	45.262	45.873
Camarilla	43.493	43.614	43.735	43.855	43.976	44.096	44.217
Woodie	41.883	42.609	43.198	43.924	44.513	45.239	45.828
Fibonacci	42.632	43.134	43.444	43.947	44.449	44.759	45.262

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	60.29
MACD (12,26,9):	0.1760
Directional Movement:	20.795
AROON (14):	64.286
DEMA (21):	44.440
Parabolic SAR (0,02-0,02-0,2):	43.535
Elder Ray (13):	0.592
Super Trend (3,10):	43.609
Zig ZAG (10):	44.775
VORTEX (21):	0.9900
Stochastique (14,3,5):	70.98
TEMA (21):	44.732
Williams %R (14):	-32.15
Chande Momentum Oscillator (20):	0.975
Repulse (5,40,3):	-0.4560
ROCnROLL:	1
TRIX (15,9):	0.0140
Courbe Coppock:	3.38

MA7:	44.636
MA20:	44.105
MA50:	44.103
MA100:	45.087
MAexp7:	44.608
MAexp20:	44.281
MAexp50:	44.377
MAexp100:	44.868
Price / MA7:	+0.37%
Price / MA20:	+1.58%
Price / MA50:	+1.58%
Price / MA100:	-0.64%
Price / MAexp7:	+0.43%
Price / MAexp20:	+1.17%
Price / MAexp50:	+0.95%
Price / MAexp100:	-0.15%

Quotes : - 15 min delayed data - Euronext Amsterdam

This member declared not having a position on this financial instrument or a related financial instrument.

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