UIPATH INC. CLASS A

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	PATH
ISIN:

UIPATH INC. CLASS A - Daily - Technical analysis published on 07/03/2024 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bearish

Technical indicators

67%

28%

My opinion

Bearish under 13.82 USD

My targets

12.16 USD (-7.10%)

10.72 USD (-18.11%)

My analysis

Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 13.82 USD remains possible. It is advisable to trade UIPATH INC. CLASS A with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 13.82 USD. The next bearish objective for sellers is set at 12.16 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 10.72 USD. PS: if there is a bullish break in the resistance located at 13.82 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.

Force

0.5

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

Additional analysis

Quotes

UIPATH INC. CLASS A rating 13.09 USD. The price has increased by +1.00% since the last closing and was traded between 13.01 USD and 13.24 USD over the period. The price is currently at +0.61% from its lowest and -1.13% from its highest.

13.01

13.24

13.09

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows an item:

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of UIPATH INC. CLASS A indicates that the overall trend is bearish. 71.43% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : Daily

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

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

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

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

ProTrendLines

Price

	S1	Price	R1	R2	R3
ProTrendLines	10.72	13.09	14.94	19.12	22.48
Change (%)	-18.11%	-	+14.13%	+46.07%	+71.73%
Change	-2.37	-	+1.85	+6.03	+9.39
Level	Major	-	Minor	Major	Intermediate

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	12.44	12.63	12.79	12.98	13.14	13.33	13.49
Camarilla	12.86	12.90	12.93	12.96	12.99	13.02	13.06
Woodie	12.44	12.62	12.79	12.97	13.14	13.32	13.49
Fibonacci	12.63	12.76	12.84	12.98	13.11	13.19	13.33

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11.15	11.47	12.08	12.40	13.01	13.33	13.94
Camarilla	12.42	12.51	12.60	12.68	12.77	12.85	12.94
Woodie	11.29	11.54	12.22	12.47	13.15	13.40	14.08
Fibonacci	11.47	11.83	12.05	12.40	12.76	12.98	13.33

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9.93	10.50	11.59	12.16	13.25	13.82	14.91
Camarilla	12.22	12.38	12.53	12.68	12.83	12.98	13.14
Woodie	10.19	10.63	11.85	12.29	13.51	13.95	15.17
Fibonacci	10.50	11.13	11.53	12.16	12.79	13.19	13.82

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):	44.46
MACD (12,26,9):	-0.8400
Directional Movement:	-5.09
AROON (14):	64.29
DEMA (21):	11.54
Parabolic SAR (0,02-0,02-0,2):	11.79
Elder Ray (13):	0.54
Super Trend (3,10):	11.80
Zig ZAG (10):	13.08
VORTEX (21):	1.1800
Stochastique (14,3,5):	92.86
TEMA (21):	12.14
Williams %R (14):	-7.60
Chande Momentum Oscillator (20):	1.54
Repulse (5,40,3):	2.6900
ROCnROLL:	-1
TRIX (15,9):	-1.3400
Courbe Coppock:	14.00

MA7:	12.63
MA20:	12.06
MA50:	15.98
MA100:	19.37
MAexp7:	12.68
MAexp20:	12.94
MAexp50:	15.30
MAexp100:	17.55
Price / MA7:	+3.64%
Price / MA20:	+8.54%
Price / MA50:	-18.09%
Price / MA100:	-32.42%
Price / MAexp7:	+3.23%
Price / MAexp20:	+1.16%
Price / MAexp50:	-14.44%
Price / MAexp100:	-25.41%

Quotes : - 15 min delayed data - NYSE Stocks

News

Don't forget to follow the news on UIPATH INC. CLASS A. At the time of publication of this analysis, the latest news was as follows:

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

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