UL SOLUTIONS INC. CLASS A - Daily - Technical analysis published on 10/04/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 45.71 USD
My targets
55.02 USD (+8.91%)
My analysis
UL SOLUTIONS INC. CLASS A is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 45.71 USD. The next resistance located at 55.02 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem 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
7.9
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 robby1966. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
UL SOLUTIONS INC. CLASS A rating 50.52 USD. The price registered an increase of +1.32% on the session and was between 49.53 USD and 50.53 USD. This implies that the price is at +2.00% from its lowest and at -0.02% from its highest.49.53
50.53
50.52
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
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of UL SOLUTIONS INC. CLASS A in Daily shows a strongly overall bullish trend. 89.29% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : Daily
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : Daily
In fact, 13 technical indicators on 18 studied are currently bullish. 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
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Aroon indicator bullish trend
Type : Bullish
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 38.10 | 41.81 | 49.79 | 50.52 | 55.02 |
| Change (%) | -24.58% | -17.24% | -1.44% | - | +8.91% |
| Change | -12.42 | -8.71 | -0.73 | - | +4.50 |
| Level | Minor | Major | 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 | 48.17 | 48.55 | 49.20 | 49.58 | 50.23 | 50.61 | 51.26 |
| Camarilla | 49.58 | 49.67 | 49.77 | 49.86 | 49.95 | 50.05 | 50.14 |
| Woodie | 48.32 | 48.62 | 49.35 | 49.65 | 50.38 | 50.68 | 51.41 |
| Fibonacci | 48.55 | 48.94 | 49.18 | 49.58 | 49.97 | 50.21 | 50.61 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 46.58 | 47.49 | 48.50 | 49.41 | 50.42 | 51.33 | 52.34 |
| Camarilla | 48.97 | 49.15 | 49.32 | 49.50 | 49.68 | 49.85 | 50.03 |
| Woodie | 46.62 | 47.52 | 48.54 | 49.44 | 50.46 | 51.36 | 52.38 |
| Fibonacci | 47.49 | 48.23 | 48.68 | 49.41 | 50.15 | 50.60 | 51.33 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 37.46 | 42.13 | 45.71 | 50.38 | 53.96 | 58.63 | 62.21 |
| Camarilla | 47.03 | 47.79 | 48.54 | 49.30 | 50.06 | 50.81 | 51.57 |
| Woodie | 36.93 | 41.86 | 45.18 | 50.11 | 53.43 | 58.36 | 61.68 |
| Fibonacci | 42.13 | 45.28 | 47.23 | 50.38 | 53.53 | 55.48 | 58.63 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 55.43 | |
| MACD (12,26,9): | -0.1500 | |
| Directional Movement: | 0.61 | |
| AROON (14): | 71.43 | |
| DEMA (21): | 49.51 | |
| Parabolic SAR (0,02-0,02-0,2): | 47.53 | |
| Elder Ray (13): | 0.41 | |
| Super Trend (3,10): | 52.79 | |
| Zig ZAG (10): | 50.44 | |
| VORTEX (21): | 0.9900 | |
| Stochastique (14,3,5): | 72.46 | |
| TEMA (21): | 49.05 | |
| Williams %R (14): | -3.73 | |
| Chande Momentum Oscillator (20): | 1.05 | |
| Repulse (5,40,3): | 3.4100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.1100 | |
| Courbe Coppock: | 2.49 |
| MA7: | 49.58 | |
| MA20: | 49.17 | |
| MA50: | 50.45 | |
| MA100: | 45.81 | |
| MAexp7: | 49.68 | |
| MAexp20: | 49.72 | |
| MAexp50: | 48.96 | |
| MAexp100: | 44.97 | |
| Price / MA7: | +1.90% | |
| Price / MA20: | +2.75% | |
| Price / MA50: | +0.14% | |
| Price / MA100: | +10.28% | |
| Price / MAexp7: | +1.69% | |
| Price / MAexp20: | +1.61% | |
| Price / MAexp50: | +3.19% | |
| Price / MAexp100: | +12.34% |
Quotes :
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15 min delayed data
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NYSE Stocks
This member declared not having a position on this financial instrument or a related financial instrument.
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