SEAGATE TECHNOLOGY HLD.
SEAGATE TECHNOLOGY HLD.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: STX
ISIN: IE00B58JVZ52

SEAGATE TECHNOLOGY HLD. - Daily - Technical analysis published on 04/29/2024 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Slightly bearish
Technical indicators
33%
28%
39%
My opinion
Bearish under 90.24 USD
My targets
84.63 USD (-1.58%)
79.45 USD (-7.61%)
My analysis
The strong short-term decline of SEAGATE TECHNOLOGY HLD. reinforces the current slightly bearish trend. As long as the price remains below 90.24 USD, you could take advantage of this bearish acceleration. The first bearish objective is located at 84.63 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 79.45 USD as an objective. Crossing it would then enable sellers to target 68.94 USD. A return to above 90.24 USD would be a sign of a correction of short-term bearish excesses. In this case, you could stay away while waiting for signals indicating a reversal of the trend.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
2

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. 1H Weekly

Additional analysis

Quotes

The SEAGATE TECHNOLOGY HLD. rating is 85.99 USD. The price registered a decrease of -0.06% on the session and was traded between 85.36 USD and 87.01 USD over the period. The price is currently at +0.74% from its lowest and -1.17% from its highest.

85.36
87.01
85.99

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by SEAGATE TECHNOLOGY HLD.:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in Daily of this SEAGATE TECHNOLOGY HLD. chart shows a slightly bearish trend. Only 53.57% of the signals given by moving averages are bearish. This slightly bearish trend is reinforced by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:

Central Indicators

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : Daily



An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Aroon indicator bullish trend

Type : Bullish

Timeframe : Daily



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

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : Daily


Near support of channel

Type : Bullish

Timeframe : Daily



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 68.94 79.45 84.63 85.99 90.24 93.66 97.82
Change (%) -19.83% -7.61% -1.58% - +4.94% +8.92% +13.76%
Change -17.05 -6.54 -1.36 - +4.25 +7.67 +11.83
Level Major Minor Major - Intermediate Major Major



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard82.3383.7384.8986.2987.4588.8590.01
Camarilla85.3485.5785.8186.0486.2886.5186.74
Woodie82.2083.6784.7686.2387.3288.7989.88
Fibonacci83.7384.7185.3286.2987.2787.8888.85


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard73.5978.0782.0586.5390.5194.9998.97
Camarilla83.7184.4985.2786.0486.8287.5988.37
Woodie73.3577.9581.8186.4190.2794.8798.73
Fibonacci78.0781.3083.3086.5389.7691.7694.99


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard67.3375.4284.2492.33101.15109.24118.06
Camarilla88.4089.9591.5093.0594.6096.1597.70
Woodie67.6975.6084.6092.51101.51109.42118.42
Fibonacci75.4281.8885.8792.3398.79102.78109.24

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): 45.36
MACD (12,26,9): -0.9200
Directional Movement: 7.59
AROON (14): 21.43
DEMA (21): 85.50
Parabolic SAR (0,02-0,02-0,2): 90.30
Elder Ray (13): -0.03
Super Trend (3,10): 91.45
Zig ZAG (10): 85.72
VORTEX (21): 0.8600
Stochastique (14,3,5): 44.71
TEMA (21): 84.87
Williams %R (14): -59.72
Chande Momentum Oscillator (20): -3.02
Repulse (5,40,3): -0.9600
ROCnROLL: 2
TRIX (15,9): -0.1800
Courbe Coppock: 8.53
MA7: 85.76
MA20: 86.94
MA50: 88.78
MA100: 86.34
MAexp7: 85.97
MAexp20: 86.73
MAexp50: 87.25
MAexp100: 84.58
Price / MA7: +0.27%
Price / MA20: -1.09%
Price / MA50: -3.14%
Price / MA100: -0.41%
Price / MAexp7: +0.02%
Price / MAexp20: -0.85%
Price / MAexp50: -1.44%
Price / MAexp100: +1.67%

Quotes : - 15 min delayed data - NASDAQ Stocks

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

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