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 08/19/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Bullish

Underlying: Bullish

Technical indicators

61%

11%

28%

My opinion

Bullish above 97.18 USD

My targets

105.10 USD (+3.31%)

109.53 USD (+7.67%)

My analysis

A bullish trend on SEAGATE TECHNOLOGY HLD. both in substance and in the short term. A purchase could be considered as long as the price remains above 97.18 USD. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 105.10 USD. Then the price could move towards 109.53 USD. Be careful, a return below 97.18 USD would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.

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

5.2

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 pitiantuta. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The SEAGATE TECHNOLOGY HLD. rating is 101.73 USD. The price registered an increase of +2.13% on the session and was traded between 99.36 USD and 102.57 USD over the period. The price is currently at +2.39% from its lowest and -0.82% from its highest.

99.36

102.57

101.73

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

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical

A technical analysis in Daily of this SEAGATE TECHNOLOGY HLD. chart shows a bullish trend. 75.00% of the signals given by moving averages are bullish. The overall trend seems to be showing some signs of weakness, as do the tentative bullish signals given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : Daily

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily

The probability of a further increase are moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

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 : Daily

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Daily

Momentum indicator is back under 0

Type : Bearish

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near resistance of channel

Type : Bearish

Timeframe : Daily

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	93.04	97.18	101.37	101.73	105.10	109.53
Change (%)	-8.54%	-4.47%	-0.35%	-	+3.31%	+7.67%
Change	-8.69	-4.55	-0.36	-	+3.37	+7.80
Level	Major	Major	Major	-	Major	Major

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
Standard	96.66	98.01	99.87	101.22	103.08	104.43	106.29
Camarilla	100.85	101.14	101.44	101.73	102.02	102.32	102.61
Woodie	96.92	98.14	100.13	101.35	103.34	104.56	106.55
Fibonacci	98.01	99.24	99.99	101.22	102.45	103.20	104.43

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	84.87	87.43	91.86	94.42	98.85	101.41	105.84
Camarilla	94.36	95.00	95.64	96.28	96.92	97.56	98.20
Woodie	85.80	87.90	92.79	94.89	99.78	101.88	106.77
Fibonacci	87.43	90.10	91.75	94.42	97.09	98.74	101.41

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	81.09	89.86	96.02	104.79	110.95	119.72	125.88
Camarilla	98.06	99.43	100.80	102.17	103.54	104.91	106.28
Woodie	79.78	89.21	94.71	104.14	109.64	119.07	124.57
Fibonacci	89.86	95.57	99.09	104.79	110.50	114.02	119.72

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):	54.30
MACD (12,26,9):	-1.1300
Directional Movement:	2.13
AROON (14):	-35.71
DEMA (21):	97.51
Parabolic SAR (0,02-0,02-0,2):	90.58
Elder Ray (13):	2.57
Super Trend (3,10):	103.96
Zig ZAG (10):	101.73
VORTEX (21):	0.8800
Stochastique (14,3,5):	65.03
TEMA (21):	96.37
Williams %R (14):	-16.93
Chande Momentum Oscillator (20):	-0.44
Repulse (5,40,3):	2.4300
ROCnROLL:	1
TRIX (15,9):	-0.2400
Courbe Coppock:	11.38

MA7:	97.74
MA20:	99.47
MA50:	101.77
MA100:	95.84
MAexp7:	98.45
MAexp20:	99.05
MAexp50:	99.33
MAexp100:	96.13
Price / MA7:	+4.08%
Price / MA20:	+2.27%
Price / MA50:	-0.04%
Price / MA100:	+6.15%
Price / MAexp7:	+3.33%
Price / MAexp20:	+2.71%
Price / MAexp50:	+2.42%
Price / MAexp100:	+5.83%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

The last news published on SEAGATE TECHNOLOGY HLD. at the time of the generation of this analysis was as follows:

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

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