UNILEVER
UNILEVER
- EUR (-)
- 15 min delayed data - Euronext Amsterdam
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: UNA
ISIN: GB00B10RZP78

UNILEVER - 1H - Technical analysis published on 07/18/2024 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
89%
6%
6%
My opinion
Bullish above 53.22 EUR
My targets
54.93 EUR (+2.26%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on UNILEVER as long as the price remains well above 53.22 EUR. The buyers' bullish objective is set at 54.93 EUR. A bullish break in this resistance would boost the bullish momentum. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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
8.8

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:
15 min. Daily Weekly

Additional analysis

Quotes

The UNILEVER price is 53.72 EUR. On the day, this instrument gained +1.24% with the lowest point at 53.52 EUR and the highest point at 53.90 EUR. The deviation from the price is +0.37% for the low point and -0.33% for the high point.

53.52
53.90
53.72

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.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of UNILEVER indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

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

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


RSI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour



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

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



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


ProTrendLines
S3
S2
S1
Price


S3S2S1Price
ProTrendLines 52.12 52.74 53.22 53.72
Change (%) -2.98% -1.82% -0.93% -
Change -1.60 -0.98 -0.50 -
Level Intermediate 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
Standard51.9352.1952.6352.8953.3353.5954.03
Camarilla52.8752.9353.0053.0653.1253.1953.25
Woodie52.0152.2452.7152.9453.4153.6454.11
Fibonacci52.1952.4652.6352.8953.1653.3353.59


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard50.1350.6951.7352.2953.3353.8954.93
Camarilla52.3452.4952.6352.7852.9353.0753.22
Woodie50.3850.8151.9852.4153.5854.0155.18
Fibonacci50.6951.3051.6852.2952.9053.2853.89


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard47.8249.1250.2051.5052.5853.8854.96
Camarilla50.6350.8451.0651.2851.5051.7251.94
Woodie47.7149.0750.0951.4552.4753.8354.85
Fibonacci49.1250.0350.5951.5052.4152.9753.88

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): 70.99
MACD (12,26,9): 0.3000
Directional Movement: 31.33
AROON (14): 71.43
DEMA (21): 53.46
Parabolic SAR (0,02-0,02-0,2): 52.92
Elder Ray (13): 0.48
Super Trend (3,10): 53.12
Zig ZAG (10): 53.72
VORTEX (21): 1.1600
Stochastique (14,3,5): 87.50
TEMA (21): 53.63
Williams %R (14): -13.89
Chande Momentum Oscillator (20): 1.12
Repulse (5,40,3): -0.0900
ROCnROLL: 1
TRIX (15,9): 0.0500
Courbe Coppock: 3.68
MA7: 52.73
MA20: 52.01
MA50: 51.35
MA100: 48.42
MAexp7: 53.52
MAexp20: 53.12
MAexp50: 52.74
MAexp100: 52.39
Price / MA7: +1.88%
Price / MA20: +3.29%
Price / MA50: +4.62%
Price / MA100: +10.95%
Price / MAexp7: +0.37%
Price / MAexp20: +1.13%
Price / MAexp50: +1.86%
Price / MAexp100: +2.54%

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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