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 07/03/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bullish

Technical indicators

11%

61%

28%

My opinion

Bullish above 49.67 EUR

My targets

52.74 EUR (+3.86%)

My analysis

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on UNILEVER. As long as you are above the support located at 49.67 EUR, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 52.74 EUR would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. If the support 49.67 EUR were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.

Technical indicators are opposing the general bullish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.

Force

0.9

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 rating is 50.78 EUR. The price registered a decrease of -0.16% on the session and was between 50.78 EUR and 51.26 EUR. This implies that the price is at 0% from its lowest and at -0.94% from its highest.

50.78

51.26

50.78

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Opening Gap UP

Type : Bullish

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 (5 years)

Type : Bullish

Timeframe : Weekly

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 an overall bullish trend. The signals given by moving averages are 71.43% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : Daily

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

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

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

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:

Bearish engulfing lines

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	46.13	48.24	49.67	50.78	52.74
Change (%)	-9.16%	-5.00%	-2.19%	-	+3.86%
Change	-4.65	-2.54	-1.11	-	+1.96
Level	Major	Major	Minor	-	Major

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	49.79	50.03	50.45	50.69	51.11	51.35	51.77
Camarilla	50.68	50.74	50.80	50.86	50.92	50.98	51.04
Woodie	49.87	50.08	50.53	50.74	51.19	51.40	51.85
Fibonacci	50.03	50.29	50.44	50.69	50.95	51.10	51.35

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	49.10	50.12	50.70	51.72	52.30	53.32	53.90
Camarilla	50.84	50.99	51.13	51.28	51.43	51.57	51.72
Woodie	48.88	50.01	50.48	51.61	52.08	53.21	53.68
Fibonacci	50.12	50.73	51.11	51.72	52.33	52.71	53.32

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	47.82	49.12	50.20	51.50	52.58	53.88	54.96
Camarilla	50.63	50.84	51.06	51.28	51.50	51.72	51.94
Woodie	47.71	49.07	50.09	51.45	52.47	53.83	54.85
Fibonacci	49.12	50.03	50.59	51.50	52.41	52.97	53.88

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	41.71
MACD (12,26,9):	0.2600
Directional Movement:	-7.82
AROON (14):	-78.57
DEMA (21):	52.06
Parabolic SAR (0,02-0,02-0,2):	52.29
Elder Ray (13):	-0.58
Super Trend (3,10):	52.42
Zig ZAG (10):	50.80
VORTEX (21):	0.9700
Stochastique (14,3,5):	19.91
TEMA (21):	51.50
Williams %R (14):	-79.37
Chande Momentum Oscillator (20):	-1.66
Repulse (5,40,3):	-1.5800
ROCnROLL:	-1
TRIX (15,9):	0.1700
Courbe Coppock:	1.92

MA7:	51.53
MA20:	51.96
MA50:	50.39
MA100:	47.76
MAexp7:	51.38
MAexp20:	51.52
MAexp50:	50.25
MAexp100:	48.55
Price / MA7:	-1.46%
Price / MA20:	-2.27%
Price / MA50:	+0.77%
Price / MA100:	+6.32%
Price / MAexp7:	-1.17%
Price / MAexp20:	-1.44%
Price / MAexp50:	+1.05%
Price / MAexp100:	+4.59%

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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