UBS GROUP N - Daily - Technical analysis published on 10/24/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 11.29 CHF
My targets
11.88 CHF (+3.13%)
12.65 CHF (+9.81%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on UBS GROUP N. This is a positive signal for buyers. As long as the price remains above 11.29 CHF, a purchase could be considered. The first bullish objective is located at 11.88 CHF. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 12.65 CHF as an objective. Crossing it would then enable buyers to target 13.10 CHF. In the event of a return below 11.29 CHF, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.
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
0
10
6.4
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
UBS GROUP N rating 11.52 CHF. The price has increased by +0.70% since the last closing and was traded between 11.38 CHF and 11.58 CHF over the period. The price is currently at +1.23% from its lowest and -0.52% from its highest.11.38
11.58
11.52
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 UBS GROUP N chart shows a bullish trend. The signals returned by the moving averages are 67.86% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, according to the parameters integrated into the Central Analyzer system, 16 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
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:
Horizontal resistance is broken
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
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 9.94 | 10.49 | 11.29 | 11.52 | 11.88 | 12.65 | 13.10 |
| Change (%) | -13.72% | -8.94% | -2.00% | - | +3.13% | +9.81% | +13.72% |
| Change | -1.58 | -1.03 | -0.23 | - | +0.36 | +1.13 | +1.58 |
| Level | Major | Intermediate | Intermediate | - | Intermediate | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11.05 | 11.10 | 11.14 | 11.19 | 11.23 | 11.28 | 11.32 |
| Camarilla | 11.16 | 11.17 | 11.18 | 11.19 | 11.19 | 11.20 | 11.21 |
| Woodie | 11.05 | 11.10 | 11.14 | 11.19 | 11.23 | 11.28 | 11.32 |
| Fibonacci | 11.10 | 11.14 | 11.16 | 11.19 | 11.23 | 11.25 | 11.28 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.89 | 10.15 | 10.63 | 10.88 | 11.36 | 11.62 | 12.10 |
| Camarilla | 10.90 | 10.97 | 11.04 | 11.11 | 11.17 | 11.24 | 11.31 |
| Woodie | 10.00 | 10.20 | 10.74 | 10.94 | 11.47 | 11.67 | 12.21 |
| Fibonacci | 10.15 | 10.43 | 10.60 | 10.88 | 11.16 | 11.34 | 11.62 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.15 | 9.71 | 10.52 | 11.09 | 11.90 | 12.46 | 13.27 |
| Camarilla | 10.95 | 11.08 | 11.20 | 11.33 | 11.46 | 11.58 | 11.71 |
| Woodie | 9.27 | 9.77 | 10.64 | 11.15 | 12.02 | 12.52 | 13.39 |
| Fibonacci | 9.71 | 10.24 | 10.56 | 11.09 | 11.61 | 11.94 | 12.46 |
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): | 62.24 | |
| MACD (12,26,9): | 0.0700 | |
| Directional Movement: | 17.19 | |
| AROON (14): | 57.14 | |
| DEMA (21): | 11.13 | |
| Parabolic SAR (0,02-0,02-0,2): | 10.65 | |
| Elder Ray (13): | 0.27 | |
| Super Trend (3,10): | 10.64 | |
| Zig ZAG (10): | 11.44 | |
| VORTEX (21): | 0.9400 | |
| Stochastique (14,3,5): | 79.81 | |
| TEMA (21): | 11.19 | |
| Williams %R (14): | -5.02 | |
| Chande Momentum Oscillator (20): | 0.82 | |
| Repulse (5,40,3): | 2.8500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 1.72 |
| MA7: | 11.21 | |
| MA20: | 11.00 | |
| MA50: | 10.83 | |
| MA100: | 11.17 | |
| MAexp7: | 11.19 | |
| MAexp20: | 11.06 | |
| MAexp50: | 11.04 | |
| MAexp100: | 11.27 | |
| Price / MA7: | +2.77% | |
| Price / MA20: | +4.73% | |
| Price / MA50: | +6.37% | |
| Price / MA100: | +3.13% | |
| Price / MAexp7: | +2.95% | |
| Price / MAexp20: | +4.16% | |
| Price / MAexp50: | +4.35% | |
| Price / MAexp100: | +2.22% |
News
The last news published on UBS GROUP N at the time of the generation of this analysis was as follows:
- 3Q19 net profit USD 1,049m
- UBS Advisor Michael S. Matthews, Named to Forbes List of America's Top 100 Wealth Advisors 2019
- UBS Managing Director Choo Oi Yee To Join iSTOX As Chief Commercial Officer (CCO)
- Luke L. Wiley, CFP® UBS Managing Director of Wealth Management, Named to Forbes' 2019 Best-In-State Wealth Advisors
- UBS's Jason Stephens Named to Forbes List of America’s Top Wealth Advisors
This member declared not having a position on this financial instrument or a related financial instrument.
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