SEAGATE TECHNOLOGY HLD. - 1H - Technical analysis published on 10/16/2024 (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
39%
33%
28%
My opinion
Bullish above 110.76 USD
My targets
115.32 USD (+3.23%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on SEAGATE TECHNOLOGY HLD. as long as the price remains well above 110.76 USD. The buyers' bullish objective is set at 115.32 USD. 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, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
6.3
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The SEAGATE TECHNOLOGY HLD. rating is 111.71 USD. The price is lower by -0.07% since the last closing and was traded between 110.62 USD and 112.87 USD over the period. The price is currently at +0.99% from its lowest and -1.03% from its highest.110.62
112.87
111.71
A study of price movements over other periods shows the following variations:
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
A technical analysis in 1H of this SEAGATE TECHNOLOGY HLD. chart shows a strongly bullish trend. 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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 104.40 | 106.60 | 110.76 | 111.71 | 115.32 |
| Change (%) | -6.54% | -4.57% | -0.85% | - | +3.23% |
| Change | -7.31 | -5.11 | -0.95 | - | +3.61 |
| Level | Major | Intermediate | Major | - | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 106.38 | 108.88 | 110.33 | 112.83 | 114.28 | 116.78 | 118.23 |
| Camarilla | 110.70 | 111.07 | 111.43 | 111.79 | 112.15 | 112.51 | 112.88 |
| Woodie | 105.87 | 108.62 | 109.82 | 112.57 | 113.77 | 116.52 | 117.72 |
| Fibonacci | 108.88 | 110.39 | 111.32 | 112.83 | 114.34 | 115.27 | 116.78 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 100.89 | 102.70 | 106.26 | 108.07 | 111.63 | 113.44 | 117.00 |
| Camarilla | 108.33 | 108.83 | 109.32 | 109.81 | 110.30 | 110.80 | 111.29 |
| Woodie | 101.76 | 103.14 | 107.13 | 108.51 | 112.50 | 113.88 | 117.87 |
| Fibonacci | 102.70 | 104.76 | 106.02 | 108.07 | 110.13 | 111.39 | 113.44 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 81.90 | 87.98 | 98.76 | 104.84 | 115.62 | 121.70 | 132.48 |
| Camarilla | 104.89 | 106.44 | 107.99 | 109.53 | 111.08 | 112.62 | 114.17 |
| Woodie | 84.24 | 89.16 | 101.10 | 106.02 | 117.96 | 122.88 | 134.82 |
| Fibonacci | 87.98 | 94.42 | 98.40 | 104.84 | 111.28 | 115.26 | 121.70 |
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): | 58.82 | |
| MACD (12,26,9): | 0.6300 | |
| Directional Movement: | 17.31 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 112.32 | |
| Parabolic SAR (0,02-0,02-0,2): | 113.43 | |
| Elder Ray (13): | 0.18 | |
| Super Trend (3,10): | 110.37 | |
| Zig ZAG (10): | 111.76 | |
| VORTEX (21): | 1.0800 | |
| Stochastique (14,3,5): | 24.43 | |
| TEMA (21): | 112.25 | |
| Williams %R (14): | -75.74 | |
| Chande Momentum Oscillator (20): | -1.59 | |
| Repulse (5,40,3): | -0.1800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1100 | |
| Courbe Coppock: | 1.07 |
| MA7: | 110.06 | |
| MA20: | 108.29 | |
| MA50: | 103.06 | |
| MA100: | 101.78 | |
| MAexp7: | 111.77 | |
| MAexp20: | 111.39 | |
| MAexp50: | 110.15 | |
| MAexp100: | 108.72 | |
| Price / MA7: | +1.50% | |
| Price / MA20: | +3.16% | |
| Price / MA50: | +8.39% | |
| Price / MA100: | +9.76% | |
| Price / MAexp7: | -0.05% | |
| Price / MAexp20: | +0.29% | |
| Price / MAexp50: | +1.42% | |
| Price / MAexp100: | +2.75% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The last news published on SEAGATE TECHNOLOGY HLD. at the time of the generation of this analysis was as follows:
- Seagate Federal and KLC Group Announce Strategic Partnership for NSA CSfC Data-at-Rest Solutions
- OORT Collaborates with Seagate Lyve Services to Strengthen AI-Focused Decentralized Cloud Services
- SHAREHOLDER ALERT: Levi & Korsinsky Notifies Seagate Technology Holdings plc(STX) Investors of a Class Action Lawsuit and Upcoming Deadline
- STX Investors Have Opportunity to Lead Seagate Technology Holdings plc Securities Fraud Lawsuit
- SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Seagate Technology Holdings plc of a Class Action Lawsuit and a Lead Plaintiff Deadline of September 8, 2023 - (NASDAQ: STX)
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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