UGI CORP.

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	UGI
ISIN:

UGI CORP. - Daily - Technical analysis published on 11/14/2019 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Court terme: Strongly bearish

De fond: Strongly bearish

Technical indicators

22%

67%

11%

My opinion

Bearish under 42.53 USD

My targets

39.40 USD (-7.10%)

31.71 USD (-25.23%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on UGI CORP. as long as the price remains well below 42.53 USD. The sellers” bearish objective is set at 39.40 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 31.71 USD. In case of crossing, the next objective would be the support located at 19.58 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.

FORCE

7.5

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

Additional analysis

Quotes

The UGI CORP. rating is 42.41 USD. The price has increased by +2.34% since the last closing with the lowest point at 41.84 USD and the highest point at 43.08 USD. The deviation from the price is +1.36% for the low point and -1.56% for the high point.

41.84

43.08

42.41

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by UGI CORP.:

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

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this UGI CORP. chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Moving Average bearish crossovers : AMA50 & AMA100

Type : Bearish

Timeframe : Daily

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator is oversold : under 20

Type : Neutral

Timeframe : Daily

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal support

Type : Bullish

Timeframe : Daily

Support of channel is broken

Type : Bearish

Timeframe : Daily

The presence of these bearish patterns in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term were also noted

Downside gap

Type : Bearish

Timeframe : Daily

Long black line

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	19.58	31.71	39.40	42.41	42.53	44.36	46.57
Change (%)	-53.83%	-25.23%	-7.10%	-	+0.28%	+4.60%	+9.81%
Change	-22.83	-10.70	-3.01	-	+0.12	+1.95	+4.16
Level	Intermediate	Minor	Minor	-	Major	Minor	Major

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	36.77	38.65	40.04	41.92	43.31	45.19	46.58
Camarilla	40.54	40.84	41.14	41.44	41.74	42.04	42.34
Woodie	36.54	38.53	39.81	41.80	43.08	45.07	46.35
Fibonacci	38.65	39.90	40.67	41.92	43.17	43.94	45.19

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	44.25	45.25	45.90	46.90	47.55	48.55	49.20
Camarilla	46.09	46.24	46.39	46.54	46.69	46.84	46.99
Woodie	44.07	45.16	45.72	46.81	47.37	48.46	49.02
Fibonacci	45.25	45.88	46.27	46.90	47.53	47.92	48.55

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	43.27	45.25	46.46	48.43	49.64	51.62	52.83
Camarilla	46.79	47.09	47.38	47.67	47.96	48.25	48.55
Woodie	42.89	45.06	46.08	48.24	49.26	51.43	52.45
Fibonacci	45.25	46.46	47.22	48.43	49.65	50.40	51.62

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):	23.47
MACD (12,26,9):	-1.2400
Directional Movement:	-44.03
AROON (14):	-92.86
DEMA (21):	45.17
Parabolic SAR (0,02-0,02-0,2):	46.53
Elder Ray (13):	-3.40
Super Trend (3,10):	45.71
Zig ZAG (10):	42.41
VORTEX (21):	0.7700
Stochastique (14,3,5):	13.11
TEMA (21):	44.31
Williams %R (14):	-76.58
Chande Momentum Oscillator (20):	-5.05
Repulse (5,40,3):	-3.4300
ROCnROLL:	2
TRIX (15,9):	-0.2000
Courbe Coppock:	12.58

MA7:	45.41
MA20:	47.07
MA50:	48.40
MA100:	49.24
MAexp7:	44.75
MAexp20:	46.56
MAexp50:	47.89
MAexp100:	49.06
Price / MA7:	-6.61%
Price / MA20:	-9.90%
Price / MA50:	-12.38%
Price / MA100:	-13.87%
Price / MAexp7:	-5.23%
Price / MAexp20:	-8.91%
Price / MAexp50:	-11.44%
Price / MAexp100:	-13.55%

News

Don"t forget to follow the news on UGI CORP.. 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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