VERISK ANALYTICS INC. - Daily - Technical analysis published on 08/23/2024 (GMT)
- 105
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : Daily
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bullish
Technical indicators
61%
6%
33%
My opinion
Bullish above 260.31 USD
My targets
275.90 USD (+2.28%)
285.99 USD (+6.02%)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on VERISK ANALYTICS INC. as long as the price remains well above 260.31 USD. The buyers' bullish objective is set at 275.90 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 285.99 USD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
5.7
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
VERISK ANALYTICS INC. rating 269.74 USD. The price is lower by -0.07% since the last closing and was between 269.28 USD and 272.71 USD. This implies that the price is at +0.17% from its lowest and at -1.09% from its highest.269.28
272.71
269.74
The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Daily of this VERISK ANALYTICS INC. chart shows a bullish trend. 78.57% of the signals given by moving averages are bullish. This bullish trend shows slight signs of slowing down given the slightly bullish signals given by the short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators shows a moderate bullish signal.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 237.69 | 249.87 | 260.31 | 269.74 | 275.90 | 285.99 |
| Change (%) | -11.88% | -7.37% | -3.50% | - | +2.28% | +6.02% |
| Change | -32.05 | -19.87 | -9.43 | - | +6.16 | +16.25 |
| Level | Minor | Major | Intermediate | - | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 265.67 | 266.84 | 268.39 | 269.56 | 271.11 | 272.28 | 273.83 |
| Camarilla | 269.18 | 269.43 | 269.68 | 269.93 | 270.18 | 270.43 | 270.68 |
| Woodie | 265.85 | 266.94 | 268.57 | 269.66 | 271.29 | 272.38 | 274.01 |
| Fibonacci | 266.84 | 267.88 | 268.52 | 269.56 | 270.60 | 271.24 | 272.28 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 251.42 | 255.80 | 261.21 | 265.59 | 271.00 | 275.38 | 280.79 |
| Camarilla | 263.94 | 264.84 | 265.73 | 266.63 | 267.53 | 268.43 | 269.32 |
| Woodie | 251.95 | 256.06 | 261.74 | 265.85 | 271.53 | 275.64 | 281.32 |
| Fibonacci | 255.80 | 259.54 | 261.85 | 265.59 | 269.33 | 271.64 | 275.38 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 225.18 | 242.64 | 252.20 | 269.66 | 279.22 | 296.68 | 306.24 |
| Camarilla | 254.32 | 256.80 | 259.27 | 261.75 | 264.23 | 266.70 | 269.18 |
| Woodie | 221.22 | 240.67 | 248.24 | 267.69 | 275.26 | 294.71 | 302.28 |
| Fibonacci | 242.64 | 252.97 | 259.34 | 269.66 | 279.99 | 286.36 | 296.68 |
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): | 51.56 | |
| MACD (12,26,9): | -0.5100 | |
| Directional Movement: | 7.34 | |
| AROON (14): | 0 | |
| DEMA (21): | 267.73 | |
| Parabolic SAR (0,02-0,02-0,2): | 272.96 | |
| Elder Ray (13): | 2.89 | |
| Super Trend (3,10): | 279.29 | |
| Zig ZAG (10): | 269.62 | |
| VORTEX (21): | 0.9600 | |
| Stochastique (14,3,5): | 76.69 | |
| TEMA (21): | 266.51 | |
| Williams %R (14): | -24.64 | |
| Chande Momentum Oscillator (20): | 9.31 | |
| Repulse (5,40,3): | -0.3900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0800 | |
| Courbe Coppock: | 1.02 |
| MA7: | 268.50 | |
| MA20: | 267.40 | |
| MA50: | 271.10 | |
| MA100: | 255.34 | |
| MAexp7: | 268.61 | |
| MAexp20: | 268.56 | |
| MAexp50: | 266.81 | |
| MAexp100: | 259.94 | |
| Price / MA7: | +0.46% | |
| Price / MA20: | +0.88% | |
| Price / MA50: | -0.50% | |
| Price / MA100: | +5.64% | |
| Price / MAexp7: | +0.42% | |
| Price / MAexp20: | +0.44% | |
| Price / MAexp50: | +1.10% | |
| Price / MAexp100: | +3.77% |
Quotes :
-
15 min delayed data
-
NASDAQ Stocks
News
The latest news and videos published on VERISK ANALYTICS INC. at the time of the analysis were as follows:
- Verisk Chief Human Relations Officer Sunita Holzer Joins Liberty Science Center’s Board of Trustees
- Verisk Reports Second-Quarter 2024 Financial Results
- Verisk Maplecroft launches investor solution mapping global risk exposure of public companies across 4M+ corporate assets
- Verisk Estimates Industry Insured Losses in U.S. for Hurricane Beryl Will Range Between USD 2 Billion to USD 3 Billion
- Verisk to Announce Fiscal Second-Quarter 2024 Results on July 31, 2024
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis VERISK ANALYTICS INC. - Daily