UBISOFT ENTERTAIN - 1H - Technical analysis published on 05/31/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
50%
6%
44%
My opinion
Bullish above 26.03 EUR
My targets
26.91 EUR (+1.43%)
27.92 EUR (+5.25%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on UBISOFT ENTERTAIN as long as the price remains well above 26.03 EUR. The buyers' bullish objective is set at 26.91 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 27.92 EUR. If there is any crossing, the next objective would be the resistance located at 31.47 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.5
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This analysis was given by paf333. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
UBISOFT ENTERTAIN rating 26.53 EUR. The price has increased by +0.53% since the last closing with the lowest point at 26.10 EUR and the highest point at 26.76 EUR. The deviation from the price is +1.65% for the low point and -0.86% for the high point.26.10
26.76
26.53
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by UBISOFT ENTERTAIN:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of UBISOFT ENTERTAIN indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed 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.
The probability of a further increase is slight given the direction of the technical indicators.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 24.54 | 25.20 | 26.03 | 26.53 | 26.91 | 31.47 | 37.56 |
| Change (%) | -7.50% | -5.01% | -1.88% | - | +1.43% | +18.62% | +41.58% |
| Change | -1.99 | -1.33 | -0.50 | - | +0.38 | +4.94 | +11.03 |
| Level | Intermediate | Minor | Intermediate | - | Major | Minor | Minor |
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 | 25.51 | 25.80 | 26.17 | 26.46 | 26.83 | 27.12 | 27.49 |
| Camarilla | 26.35 | 26.41 | 26.47 | 26.53 | 26.59 | 26.65 | 26.71 |
| Woodie | 25.54 | 25.82 | 26.20 | 26.48 | 26.86 | 27.14 | 27.52 |
| Fibonacci | 25.80 | 26.06 | 26.21 | 26.46 | 26.72 | 26.87 | 27.12 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 22.28 | 23.13 | 24.16 | 25.01 | 26.04 | 26.89 | 27.92 |
| Camarilla | 24.68 | 24.86 | 25.03 | 25.20 | 25.37 | 25.55 | 25.72 |
| Woodie | 22.38 | 23.18 | 24.26 | 25.06 | 26.14 | 26.94 | 28.02 |
| Fibonacci | 23.13 | 23.85 | 24.29 | 25.01 | 25.73 | 26.17 | 26.89 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 20.36 | 21.64 | 24.07 | 25.35 | 27.78 | 29.06 | 31.49 |
| Camarilla | 25.47 | 25.81 | 26.15 | 26.49 | 26.83 | 27.17 | 27.51 |
| Woodie | 20.93 | 21.93 | 24.64 | 25.64 | 28.35 | 29.35 | 32.06 |
| Fibonacci | 21.64 | 23.06 | 23.94 | 25.35 | 26.77 | 27.65 | 29.06 |
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): | 67.31 | |
| MACD (12,26,9): | 0.3400 | |
| Directional Movement: | 6.71 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 26.67 | |
| Parabolic SAR (0,02-0,02-0,2): | 26.18 | |
| Elder Ray (13): | 0.03 | |
| Super Trend (3,10): | 25.77 | |
| Zig ZAG (10): | 26.53 | |
| VORTEX (21): | 1.1600 | |
| Stochastique (14,3,5): | 72.53 | |
| TEMA (21): | 26.75 | |
| Williams %R (14): | -32.86 | |
| Chande Momentum Oscillator (20): | 0.23 | |
| Repulse (5,40,3): | 0.8700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2200 | |
| Courbe Coppock: | 5.16 |
| MA7: | 25.31 | |
| MA20: | 25.71 | |
| MA50: | 24.72 | |
| MA100: | 22.80 | |
| MAexp7: | 26.49 | |
| MAexp20: | 26.20 | |
| MAexp50: | 25.69 | |
| MAexp100: | 25.51 | |
| Price / MA7: | +4.82% | |
| Price / MA20: | +3.19% | |
| Price / MA50: | +7.32% | |
| Price / MA100: | +16.36% | |
| Price / MAexp7: | +0.15% | |
| Price / MAexp20: | +1.26% | |
| Price / MAexp50: | +3.27% | |
| Price / MAexp100: | +4.00% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
The latest news and videos published on UBISOFT ENTERTAIN at the time of the analysis were as follows:
- Information mensuelle relative au nombre total de droits de vote et d’actions composant le capital social
- Ubisoft Launches an Offering of Bonds Convertible Into And/or Exchangeable for New or Existing Shares (“oceanes”) Due 2028 for a Nominal Amount of Approximately €450 Million
- UBISOFT REPORTS FIRST-HALF 2022-23 EARNINGS FIGURES
- Ubisoft Announces its Global Creative Office
- UBISOFT CHANGES RELEASE SCHEDULE OF SKULL AND BONES™, ANNOUNCES OPEN BETA AHEAD OF LAUNCH
This member declared not having a position on this financial instrument or a related financial instrument.
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