UNIVERSAL CORP.
UNIVERSAL CORP.
0.000835 USD (-2.11%)
03/27/2025 - 13:27 Open 15 min delayed data - NYSE Stocks
Open: 0.000853
Change: -0.000018
Volume: 0
Low: 0.000832
High: 0.000868
High / Low range: 0.000036
Type: Stocks
Ticker: UVV
ISIN:

UNIVERSAL CORP. - Daily - Technical analysis published on 12/27/2019 (GMT)

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  • 12/27/2019 - 07:42
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  • Timeframe : Daily
  • - Analysis generated on 12/27/2019 - 07:42
  • Status : INVALID

Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 54.95 USD
My targets
58.60 USD (+4.23%)
60.53 USD (+7.67%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on UNIVERSAL CORP. as long as the price remains well above 54.95 USD. The buyers” bullish objective is set at 58.60 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 60.53 USD. If there is any crossing, the next objective would be the resistance located at 62.67 USD.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
6.8

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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The UNIVERSAL CORP. price is 56.22 USD. The price registered an increase of +1.04% on the session with the lowest point at 55.69 USD and the highest point at 56.39 USD. The deviation from the price is +0.95% for the low point and -0.30% for the high point.

55.69
56.39
56.22

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
Created with Raphaël 2.3.0-15-7.507.515January 1st3 years1 year6 months1 month5 daysToday
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of UNIVERSAL CORP. in Daily shows an overall bullish trend. 78.57% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily



The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Central Candlesticks

Black hanging man / hammer

Type : Neutral

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 51.02 53.06 54.95 56.22 57.04 58.60 60.53
Change (%) -9.25% -5.62% -2.26% - +1.46% +4.23% +7.67%
Change -5.20 -3.16 -1.27 - +0.82 +2.38 +4.31
Level Intermediate Major Intermediate - Major Major Minor



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard54.8555.0655.3555.5655.8556.0656.35
Camarilla55.5055.5555.5955.6455.6955.7355.78
Woodie54.8955.0855.3955.5855.8956.0856.39
Fibonacci55.0655.2555.3755.5655.7555.8756.06


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard53.0454.1055.2956.3557.5458.6059.79
Camarilla55.8756.0856.2856.4956.7056.9057.11
Woodie53.1254.1355.3756.3857.6258.6359.87
Fibonacci54.1054.9655.4956.3557.2157.7458.60


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard42.5646.3649.2753.0755.9859.7862.69
Camarilla50.3450.9551.5752.1852.8053.4154.03
Woodie42.1246.1448.8352.8555.5459.5662.25
Fibonacci46.3648.9250.5153.0755.6357.2259.78

Numerical data


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

Technical indicators
Created with Raphaël 2.3.0Buy13
Moving averages
Created with Raphaël 2.3.0Buy22

RSI (14): 63.66
MACD (12,26,9): 0.8900
Directional Movement: 15.19
AROON (14): 78.57
DEMA (21): 55.83
Parabolic SAR (0,02-0,02-0,2): 55.27
Elder Ray (13): 0.73
Super Trend (3,10): 53.93
Zig ZAG (10): 56.22
VORTEX (21): 1.2200
Stochastique (14,3,5): 67.30
TEMA (21): 56.60
Williams %R (14): -26.94
Chande Momentum Oscillator (20): 2.63
Repulse (5,40,3): -0.4400
ROCnROLL: 1
TRIX (15,9): 0.1800
Courbe Coppock: 13.06
MA7: 56.18
MA20: 54.37
MA50: 53.86
MA100: 53.32
MAexp7: 55.85
MAexp20: 54.80
MAexp50: 54.08
MAexp100: 54.11
Price / MA7: +0.07%
Price / MA20: +3.40%
Price / MA50: +4.38%
Price / MA100: +5.44%
Price / MAexp7: +0.66%
Price / MAexp20: +2.59%
Price / MAexp50: +3.96%
Price / MAexp100: +3.90%

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

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