VERISK ANALYTICS INC. - 1H - Technical analysis published on 06/10/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
67%
11%
22%
My opinion
Bullish above 254.17 USD
My targets
268.23 USD (+1.62%)
272.46 USD (+3.22%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on VERISK ANALYTICS INC. as long as the price remains well above 254.17 USD. The buyers' bullish objective is set at 268.23 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 272.46 USD. If there is any crossing, the next objective would be the resistance located at 280.78 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.9
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The VERISK ANALYTICS INC. rating is 263.95 USD. The price registered a decrease of -0.02% on the session and was traded between 261.04 USD and 264.18 USD over the period. The price is currently at +1.11% from its lowest and -0.09% from its highest.261.04
264.18
263.95
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
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:
New HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this VERISK ANALYTICS INC. chart shows a strongly bullish trend. 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 market scanner currently does not detect any result that concerns moving averages.
The probability of a further increase are moderate given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
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 support of channel
Type : Bullish
Timeframe : 1 hour
The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:
Doji
Type : Neutral
Timeframe : 1 hour
Bearish engulfing lines
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 245.15 | 250.25 | 254.17 | 263.95 |
| Change (%) | -7.12% | -5.19% | -3.71% | - |
| Change | -18.80 | -13.70 | -9.78 | - |
| Level | Major | Major | Intermediate | - |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 255.68 | 257.40 | 260.70 | 262.42 | 265.72 | 267.44 | 270.74 |
| Camarilla | 262.62 | 263.08 | 263.54 | 264.00 | 264.46 | 264.92 | 265.38 |
| Woodie | 256.47 | 257.80 | 261.49 | 262.82 | 266.51 | 267.84 | 271.53 |
| Fibonacci | 257.40 | 259.32 | 260.50 | 262.42 | 264.34 | 265.52 | 267.44 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 243.13 | 247.36 | 255.68 | 259.91 | 268.23 | 272.46 | 280.78 |
| Camarilla | 260.55 | 261.70 | 262.85 | 264.00 | 265.15 | 266.30 | 267.45 |
| Woodie | 245.18 | 248.38 | 257.73 | 260.93 | 270.28 | 273.48 | 282.83 |
| Fibonacci | 247.36 | 252.15 | 255.12 | 259.91 | 264.70 | 267.67 | 272.46 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 200.68 | 211.65 | 232.21 | 243.18 | 263.74 | 274.71 | 295.27 |
| Camarilla | 244.11 | 247.00 | 249.89 | 252.78 | 255.67 | 258.56 | 261.45 |
| Woodie | 205.49 | 214.05 | 237.02 | 245.58 | 268.55 | 277.11 | 300.08 |
| Fibonacci | 211.65 | 223.69 | 231.13 | 243.18 | 255.22 | 262.66 | 274.71 |
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): | 64.90 | |
| MACD (12,26,9): | 1.6800 | |
| Directional Movement: | 19.57 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 264.14 | |
| Parabolic SAR (0,02-0,02-0,2): | 261.04 | |
| Elder Ray (13): | 1.05 | |
| Super Trend (3,10): | 259.57 | |
| Zig ZAG (10): | 263.76 | |
| VORTEX (21): | 1.1200 | |
| Stochastique (14,3,5): | 91.02 | |
| TEMA (21): | 263.94 | |
| Williams %R (14): | -7.01 | |
| Chande Momentum Oscillator (20): | 3.83 | |
| Repulse (5,40,3): | 0.6000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1100 | |
| Courbe Coppock: | 2.16 |
| MA7: | 259.13 | |
| MA20: | 253.06 | |
| MA50: | 238.66 | |
| MA100: | 239.77 | |
| MAexp7: | 263.14 | |
| MAexp20: | 261.70 | |
| MAexp50: | 258.26 | |
| MAexp100: | 254.26 | |
| Price / MA7: | +1.86% | |
| Price / MA20: | +4.30% | |
| Price / MA50: | +10.60% | |
| Price / MA100: | +10.08% | |
| Price / MAexp7: | +0.31% | |
| Price / MAexp20: | +0.86% | |
| Price / MAexp50: | +2.20% | |
| Price / MAexp100: | +3.81% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The latest news and videos published on VERISK ANALYTICS INC. at the time of the analysis were as follows:
- Verisk Analytics, Inc. Announces Pricing Terms of Its Tender Offer
- Verisk Analytics, Inc. Announces Early Results of Its Tender Offer
- Verisk’s National Equipment Register (NER) and KYCS Global Collaborate to Enhance Heavy Equipment Security and Theft Recovery Capabilities
- Verisk Analytics, Inc. Prices Offering of Senior Notes
- Verisk Analytics, Inc. Announces Tender Offer for up to $400 million Principal Amount of Outstanding Debt
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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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