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UBISOFT ENTERTAIN
UBISOFT ENTERTAIN
- EUR (-)
- 15 min delayed data - Euronext Paris
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: UBI
ISIN: FR0000054470

UBISOFT ENTERTAIN - 1H - Technical analysis published on 06/25/2024 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Neutral
Underlying: Bearish
Technical indicators
67%
0%
33%
My opinion
Bearish under 21.784 EUR
My targets
20.580 EUR (-2.42%)
20.206 EUR (-4.19%)
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 21.784 EUR remains possible. It is advisable to trade UBISOFT ENTERTAIN with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 21.784 EUR. The next bearish objective for sellers is set at 20.580 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 20.206 EUR. In case of crossing, the next objective would be the support located at 18.777 EUR. PS: if there is a bullish break in the resistance located at 21.784 EUR 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, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
0.4

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.

Londinia
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

UBISOFT ENTERTAIN rating 21.090 EUR. The price registered a decrease of -0.05% on the session with the lowest point at 20.950 EUR and the highest point at 21.240 EUR. The deviation from the price is +0.67% for the low point and -0.71% for the high point.

20.950
21.240
21.090

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of UBISOFT ENTERTAIN indicates that the overall trend is bearish. The signals given by moving averages are 67.86% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators shows a moderate bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Near resistance of channel

Type : Bearish

Timeframe : 1 hour



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 18.777 20.206 20.580 21.090 21.170 21.784 22.550
Change (%) -10.97% -4.19% -2.42% - +0.38% +3.29% +6.92%
Change -2.313 -0.884 -0.510 - +0.080 +0.694 +1.460
Level Major Major Intermediate - Minor Intermediate Minor



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
Standard19.27319.72720.41320.86721.55322.00722.693
Camarilla20.78720.89120.99621.10021.20521.30921.414
Woodie19.39019.78520.53020.92521.67022.06522.810
Fibonacci19.72720.16220.43120.86721.30221.57122.007


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard18.04019.10019.66020.72021.28022.34022.900
Camarilla19.77519.92320.07220.22020.36920.51720.666
Woodie17.79018.97519.41020.59521.03022.21522.650
Fibonacci19.10019.71920.10120.72021.33921.72122.340


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard16.10517.88020.15021.92524.19525.97028.240
Camarilla21.30821.67822.04922.42022.79123.16223.532
Woodie16.35318.00420.39822.04924.44326.09428.488
Fibonacci17.88019.42520.38021.92523.47024.42525.970

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): 53.99
MACD (12,26,9): -0.0040
Directional Movement: 5.881
AROON (14): 64.285
DEMA (21): 20.924
Parabolic SAR (0,02-0,02-0,2): 20.637
Elder Ray (13): 0.099
Super Trend (3,10): 20.521
Zig ZAG (10): 21.110
VORTEX (21): 0.9720
Stochastique (14,3,5): 82.47
TEMA (21): 21.015
Williams %R (14): -18.10
Chande Momentum Oscillator (20): 0.890
Repulse (5,40,3): 0.5440
ROCnROLL: -1
TRIX (15,9): -0.0620
Courbe Coppock: 3.39
MA7: 21.097
MA20: 21.974
MA50: 21.878
MA100: 21.311
MAexp7: 21.047
MAexp20: 20.968
MAexp50: 21.121
MAexp100: 21.412
Price / MA7: -0.03%
Price / MA20: -4.02%
Price / MA50: -3.60%
Price / MA100: -1.04%
Price / MAexp7: +0.20%
Price / MAexp20: +0.58%
Price / MAexp50: -0.15%
Price / MAexp100: -1.50%

Quotes : - 15 min delayed data - Euronext Paris

News


The last news published on UBISOFT ENTERTAIN at the time of the generation of this analysis was as follows:

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

About author

Londinia
Londinia AI

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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

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