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 07/11/2024 (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

72%

11%

17%

My opinion

Bullish above 97.18 USD

My targets

110.43 USD (+3.95%)

117.58 USD (+10.69%)

My analysis

The bullish trend is currently very strong on SEAGATE TECHNOLOGY HLD.. As long as the price remains above the support at 97.18 USD, you could try to benefit from the boom. The first bullish objective is located at 110.43 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 117.58 USD as an objective. Crossing it would then enable buyers to target 127.97 USD. 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

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

SEAGATE TECHNOLOGY HLD. rating 106.23 USD. The price is lower by -0.47% since the last closing and was traded between 105.00 USD and 107.00 USD over the period. The price is currently at +1.17% from its lowest and -0.72% from its highest.

105.00

107.00

106.23

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by SEAGATE TECHNOLOGY HLD.:

The study of the highest / lowest by the Central Records scanner shows the following results:

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 this Daily chart of SEAGATE TECHNOLOGY HLD. indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : Daily

CCI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

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

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

Aroon indicator bullish trend

Type : Bullish

Timeframe : Daily

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

Near resistance of channel

Type : Bearish

Timeframe : Daily

Near horizontal support

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	93.04	97.18	105.10	106.23
Change (%)	-12.42%	-8.52%	-1.06%	-
Change	-13.19	-9.05	-1.13	-
Level	Intermediate	Intermediate	Major	-

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	102.86	103.74	105.23	106.11	107.60	108.48	109.97
Camarilla	106.08	106.30	106.51	106.73	106.95	107.17	107.38
Woodie	103.18	103.89	105.55	106.26	107.92	108.63	110.29
Fibonacci	103.74	104.64	105.20	106.11	107.01	107.57	108.48

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	97.82	99.45	100.74	102.37	103.66	105.29	106.58
Camarilla	101.24	101.51	101.77	102.04	102.31	102.58	102.84
Woodie	97.66	99.37	100.58	102.29	103.50	105.21	106.42
Fibonacci	99.45	100.56	101.25	102.37	103.48	104.17	105.29

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	75.35	82.50	92.89	100.04	110.43	117.58	127.97
Camarilla	98.45	100.05	101.66	103.27	104.88	106.49	108.09
Woodie	76.96	83.31	94.50	100.85	112.04	118.39	129.58
Fibonacci	82.50	89.20	93.34	100.04	106.74	110.88	117.58

Numerical data

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

Technical indicators

Moving averages

RSI (14):	65.14
MACD (12,26,9):	2.1900
Directional Movement:	20.00
AROON (14):	92.86
DEMA (21):	105.66
Parabolic SAR (0,02-0,02-0,2):	101.19
Elder Ray (13):	2.32
Super Trend (3,10):	99.11
Zig ZAG (10):	106.15
VORTEX (21):	1.1800
Stochastique (14,3,5):	78.58
TEMA (21):	105.56
Williams %R (14):	-13.77
Chande Momentum Oscillator (20):	2.86
Repulse (5,40,3):	1.6500
ROCnROLL:	1
TRIX (15,9):	0.3400
Courbe Coppock:	1.88

MA7:	103.90
MA20:	103.63
MA50:	97.20
MA100:	92.70
MAexp7:	104.59
MAexp20:	102.61
MAexp50:	98.30
MAexp100:	93.31
Price / MA7:	+2.24%
Price / MA20:	+2.51%
Price / MA50:	+9.29%
Price / MA100:	+14.60%
Price / MAexp7:	+1.57%
Price / MAexp20:	+3.53%
Price / MAexp50:	+8.07%
Price / MAexp100:	+13.85%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

The latest news and videos published on SEAGATE TECHNOLOGY HLD. at the time of the analysis were as follows:

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

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