UMICORE

- EUR (-)

- 15 min delayed data - Euronext Bruxelles

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	UMI
ISIN:	BE0974320526

UMICORE - Daily - Technical analysis published on 01/05/2024 (GMT)

Timeframe : Daily
- Analysis generated on
Status : NEUTRAL

Summary of the analysis

Trends

Short term: Neutral

Underlying: Slightly bullish

Technical indicators

11%

44%

My opinion

Neutral between 23.25 EUR and 24.60 EUR

My targets

My analysis

A slightly bullish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 24.60 EUR. The first support is located at 23.25 EUR. A very slight advantage is given by the slightly bullish basic trend so that the resistance is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This may be the case, for example, when the first resistance has been broken above or the first support has been broken below.

Technical indicators are bearish in the very shrot term and could soon allow change to a bearish sentiment.

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

UMICORE rating 24.17 EUR. The price has increased by +2.42% since the last closing and was traded between 23.68 EUR and 24.26 EUR over the period. The price is currently at +2.07% from its lowest and -0.37% from its highest.

23.68

24.26

24.17

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

A study of price movements over other periods shows the following variations:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this UMICORE chart shows a slightly bullish trend. 46.43% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : Daily

Bearish trend reversal : adaptative moving average 100

Type : Bearish

Timeframe : Daily

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily

In fact, only 8 technical indicators out of 18 studied are currently positioned bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

Momentum indicator is back under 0

Type : Bearish

Timeframe : Daily

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Near resistance of triangle

Type : Bearish

Timeframe : Daily

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Bullish harami

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	21.39	22.23	23.25	24.17	24.60	25.73	27.64
Change (%)	-11.50%	-8.03%	-3.81%	-	+1.78%	+6.45%	+14.36%
Change	-2.78	-1.94	-0.92	-	+0.43	+1.56	+3.47
Level	Intermediate	Minor	Major	-	Major	Minor	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
Standard	23.23	23.46	23.81	24.04	24.39	24.62	24.97
Camarilla	24.01	24.06	24.12	24.17	24.22	24.28	24.33
Woodie	23.30	23.49	23.88	24.07	24.46	24.65	25.04
Fibonacci	23.46	23.68	23.82	24.04	24.26	24.40	24.62

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	24.28	24.54	24.72	24.98	25.16	25.42	25.60
Camarilla	24.78	24.82	24.86	24.90	24.94	24.98	25.02
Woodie	24.24	24.52	24.68	24.96	25.12	25.40	25.56
Fibonacci	24.54	24.71	24.81	24.98	25.15	25.25	25.42

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	20.56	21.57	23.23	24.24	25.90	26.91	28.57
Camarilla	24.17	24.41	24.66	24.90	25.15	25.39	25.63
Woodie	20.90	21.73	23.57	24.40	26.24	27.07	28.91
Fibonacci	21.57	22.59	23.22	24.24	25.26	25.89	26.91

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):	49.66
MACD (12,26,9):	0.2000
Directional Movement:	-7.78
AROON (14):	-28.57
DEMA (21):	24.63
Parabolic SAR (0,02-0,02-0,2):	25.20
Elder Ray (13):	-0.44
Super Trend (3,10):	23.44
Zig ZAG (10):	24.17
VORTEX (21):	0.9200
Stochastique (14,3,5):	40.45
TEMA (21):	24.59
Williams %R (14):	-55.73
Chande Momentum Oscillator (20):	-0.34
Repulse (5,40,3):	-1.6800
ROCnROLL:	-1
TRIX (15,9):	0.1900
Courbe Coppock:	5.12

MA7:	24.56
MA20:	24.31
MA50:	23.69
MA100:	23.37
MAexp7:	24.39
MAexp20:	24.32
MAexp50:	23.94
MAexp100:	24.17
Price / MA7:	-1.59%
Price / MA20:	-0.58%
Price / MA50:	+2.03%
Price / MA100:	+3.42%
Price / MAexp7:	-0.90%
Price / MAexp20:	-0.62%
Price / MAexp50:	+0.96%
Price / MAexp100:	-0%

Quotes : - 15 min delayed data - Euronext Bruxelles

News

The last news published on UMICORE 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.

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Londinia AI

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