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. - 1H - Technical analysis published on 12/11/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

17%

72%

11%

My opinion

Bearish under 99.90 USD

My targets

96.74 USD (-0.72%)

94.97 USD (-2.53%)

My analysis

The bearish trend is currently very strong for SEAGATE TECHNOLOGY HLD.. As long as the price remains below the resistance at 99.90 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 96.74 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 94.97 USD as an objective. Crossing it would then enable sellers to target 92.42 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.

Force

7.9

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

The SEAGATE TECHNOLOGY HLD. price is 97.44 USD. On the day, this instrument lost -0.15% and was between 96.57 USD and 99.13 USD. This implies that the price is at +0.90% from its lowest and at -1.70% from its highest.

96.57

99.13

97.44

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

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:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of SEAGATE TECHNOLOGY HLD. in 1H shows a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by 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 bearish signal.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : 1 hour

Price is back under the pivot point

Type : Bearish

Timeframe : 1 hour

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	92.42	94.97	96.74	97.44	99.90	101.92	103.39
Change (%)	-5.15%	-2.53%	-0.72%	-	+2.52%	+4.60%	+6.11%
Change	-5.02	-2.47	-0.70	-	+2.46	+4.48	+5.95
Level	Major	Intermediate	Major	-	Intermediate	Intermediate	Intermediate

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
Standard	94.42	95.60	96.59	97.77	98.76	99.94	100.93
Camarilla	96.99	97.19	97.39	97.59	97.79	97.99	98.19
Woodie	94.34	95.55	96.51	97.72	98.68	99.89	100.85
Fibonacci	95.60	96.43	96.94	97.77	98.60	99.11	99.94

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	83.80	89.38	93.95	99.53	104.10	109.68	114.25
Camarilla	95.72	96.65	97.58	98.51	99.44	100.37	101.30
Woodie	83.29	89.13	93.44	99.28	103.59	109.43	113.74
Fibonacci	89.38	93.26	95.66	99.53	103.41	105.81	109.68

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	86.07	91.08	96.21	101.22	106.35	111.36	116.49
Camarilla	98.54	99.47	100.40	101.33	102.26	103.19	104.12
Woodie	86.12	91.11	96.26	101.25	106.40	111.39	116.54
Fibonacci	91.08	94.96	97.35	101.22	105.10	107.49	111.36

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):	44.92
MACD (12,26,9):	-0.2800
Directional Movement:	-3.62
AROON (14):	-100.00
DEMA (21):	97.56
Parabolic SAR (0,02-0,02-0,2):	99.08
Elder Ray (13):	-0.62
Super Trend (3,10):	96.75
Zig ZAG (10):	96.89
VORTEX (21):	0.9100
Stochastique (14,3,5):	23.54
TEMA (21):	97.57
Williams %R (14):	-82.49
Chande Momentum Oscillator (20):	-1.62
Repulse (5,40,3):	-0.6600
ROCnROLL:	2
TRIX (15,9):	-0.0400
Courbe Coppock:	2.37

MA7:	98.16
MA20:	98.98
MA50:	103.18
MA100:	102.10
MAexp7:	97.74
MAexp20:	98.03
MAexp50:	98.59
MAexp100:	99.20
Price / MA7:	-0.73%
Price / MA20:	-1.56%
Price / MA50:	-5.56%
Price / MA100:	-4.56%
Price / MAexp7:	-0.31%
Price / MAexp20:	-0.60%
Price / MAexp50:	-1.17%
Price / MAexp100:	-1.77%

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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