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 02/19/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

83%

17%

My opinion

Bullish above 45.485 EUR

My targets

48.141 EUR (+1.73%)

49.168 EUR (+3.91%)

My analysis

The bullish trend is currently very strong on UNILEVER. As long as the price remains above the support at 45.485 EUR, you could try to benefit from the boom. The first bullish objective is located at 48.141 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 49.168 EUR as an objective. Crossing it would then enable buyers to target 50.405 EUR. 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, 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

8.8

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.

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Additional analysis

Quotes

The UNILEVER rating is 47.320 EUR. On the day, this instrument gained +0.50% and was traded between 47.000 EUR and 47.395 EUR over the period. The price is currently at +0.68% from its lowest and -0.16% from its highest.

47.000

47.395

47.320

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bearish opening

Type : Bearish

Timeframe : Openning

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

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

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 UNILEVER in Daily 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 detects bullish signals on moving averages that could impact this trend:

Bullish trend reversal : Moving Average 100

Type : Bullish

Timeframe : Daily

Moving Average bullish crossovers : MA50 & MA100

Type : Bullish

Timeframe : Daily

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

The Central Indicators scanner found no further results concerning independent technical indicators.

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Near resistance of channel

Type : Bearish

Timeframe : Daily

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Three white soldiers

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	45.005	45.485	46.992	47.320	48.141	49.168	50.405
Change (%)	-4.89%	-3.88%	-0.69%	-	+1.73%	+3.91%	+6.52%
Change	-2.315	-1.835	-0.328	-	+0.821	+1.848	+3.085
Level	Intermediate	Major	Major	-	Intermediate	Minor	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	45.943	46.222	46.653	46.932	47.363	47.642	48.073
Camarilla	46.890	46.955	47.020	47.085	47.150	47.215	47.280
Woodie	46.020	46.260	46.730	46.970	47.440	47.680	48.150
Fibonacci	46.222	46.493	46.660	46.932	47.203	47.370	47.642

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	45.618	45.962	46.523	46.867	47.428	47.772	48.333
Camarilla	46.836	46.919	47.002	47.085	47.168	47.251	47.334
Woodie	45.728	46.016	46.633	46.921	47.538	47.826	48.443
Fibonacci	45.962	46.307	46.521	46.867	47.212	47.426	47.772

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	40.903	41.942	43.553	44.592	46.203	47.242	48.853
Camarilla	44.436	44.679	44.922	45.165	45.408	45.651	45.894
Woodie	41.190	42.085	43.840	44.735	46.490	47.385	49.140
Fibonacci	41.942	42.954	43.579	44.592	45.604	46.229	47.242

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):	69.00
MACD (12,26,9):	0.7450
Directional Movement:	21.472
AROON (14):	35.714
DEMA (21):	46.919
Parabolic SAR (0,02-0,02-0,2):	47.534
Elder Ray (13):	0.783
Super Trend (3,10):	45.388
Zig ZAG (10):	47.320
VORTEX (21):	1.1720
Stochastique (14,3,5):	79.37
TEMA (21):	47.359
Williams %R (14):	-9.73
Chande Momentum Oscillator (20):	2.120
Repulse (5,40,3):	1.4800
ROCnROLL:	1
TRIX (15,9):	0.2050
Courbe Coppock:	10.77

MA7:	46.906
MA20:	45.728
MA50:	44.740
MA100:	44.697
MAexp7:	46.832
MAexp20:	46.003
MAexp50:	45.205
MAexp100:	45.121
Price / MA7:	+0.88%
Price / MA20:	+3.48%
Price / MA50:	+5.77%
Price / MA100:	+5.87%
Price / MAexp7:	+1.04%
Price / MAexp20:	+2.86%
Price / MAexp50:	+4.68%
Price / MAexp100:	+4.87%

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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