UCB

- EUR (-)

- 15 min delayed data - Euronext Bruxelles

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	UCB
ISIN:	BE0003739530

UCB - Daily - Technical analysis published on 03/13/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

67%

28%

My opinion

Bullish above 104.45 EUR

My targets

112.77 EUR (+4.42%)

My analysis

The bullish trend is currently very strong on UCB. As long as the price remains above the support at 104.45 EUR, you could try to benefit from the boom. The first bullish objective is located at 112.77 EUR. The bullish momentum would be boosted by a break in this resistance. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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

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

Additional analysis

Quotes

The UCB price is 108.00 EUR. On the day, this instrument lost -0.14% with the lowest point at 107.70 EUR and the highest point at 108.60 EUR. The deviation from the price is +0.28% for the low point and -0.55% for the high point.

107.70

108.60

108.00

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by UCB:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of UCB in Daily shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

The Central Indicators scanner found this result concerning these indicators:

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near resistance of channel

Type : Bearish

Timeframe : Daily

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	87.30	97.11	104.45	108.00	108.39	112.77
Change (%)	-19.17%	-10.08%	-3.29%	-	+0.36%	+4.42%
Change	-20.70	-10.89	-3.55	-	+0.39	+4.77
Level	Intermediate	Intermediate	Minor	-	Intermediate	Major

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	104.65	105.65	106.90	107.90	109.15	110.15	111.40
Camarilla	107.53	107.74	107.94	108.15	108.36	108.56	108.77
Woodie	104.78	105.71	107.03	107.96	109.28	110.21	111.53
Fibonacci	105.65	106.51	107.04	107.90	108.76	109.29	110.15

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	103.47	104.83	107.37	108.73	111.27	112.63	115.17
Camarilla	108.83	109.19	109.54	109.90	110.26	110.62	110.97
Woodie	104.05	105.13	107.95	109.03	111.85	112.93	115.75
Fibonacci	104.83	106.32	107.24	108.73	110.22	111.14	112.63

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	71.33	78.55	92.52	99.74	113.71	120.93	134.90
Camarilla	100.67	102.62	104.56	106.50	108.44	110.39	112.33
Woodie	74.72	80.24	95.91	101.43	117.10	122.62	138.29
Fibonacci	78.55	86.64	91.64	99.74	107.83	112.83	120.93

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):	74.91
MACD (12,26,9):	5.1900
Directional Movement:	25.18
AROON (14):	85.71
DEMA (21):	109.96
Parabolic SAR (0,02-0,02-0,2):	101.39
Elder Ray (13):	2.38
Super Trend (3,10):	102.80
Zig ZAG (10):	108.05
VORTEX (21):	1.3300
Stochastique (14,3,5):	88.10
TEMA (21):	111.19
Williams %R (14):	-13.63
Chande Momentum Oscillator (20):	11.46
Repulse (5,40,3):	0.8100
ROCnROLL:	1
TRIX (15,9):	0.8000
Courbe Coppock:	27.80

MA7:	108.61
MA20:	102.40
MA50:	92.56
MA100:	82.19
MAexp7:	107.91
MAexp20:	103.08
MAexp50:	94.59
MAexp100:	88.05
Price / MA7:	-0.56%
Price / MA20:	+5.47%
Price / MA50:	+16.68%
Price / MA100:	+31.40%
Price / MAexp7:	+0.08%
Price / MAexp20:	+4.77%
Price / MAexp50:	+14.18%
Price / MAexp100:	+22.66%

Quotes : - 15 min delayed data - Euronext Bruxelles

News

Don't forget to follow the news on UCB. 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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