VERISK ANALYTICS INC. - 1H - Technical analysis published on 10/07/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
6%
61%
33%
My opinion
Bearish under 269.85 USD
My targets
263.51 USD (-0.72%)
261.75 USD (-1.38%)
My analysis
In the short term, we can see an acceleration in the bearish trend on VERISK ANALYTICS INC., which is a positive signal for sellers. As long as the price remains above 269.85 USD, a sale could be considered. The first bearish objective is located at 263.51 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 261.75 USD as an objective. Crossing it would then enable sellers to target 259.93 USD. If the price were to return above 269.85 USD, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
6.1
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Additional analysis
Quotes
The VERISK ANALYTICS INC. price is 265.41 USD. The price registered a decrease of -0.10% on the session and was between 264.48 USD and 267.73 USD. This implies that the price is at +0.35% from its lowest and at -0.87% from its highest.264.48
267.73
265.41
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:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of VERISK ANALYTICS INC. in 1H shows an overall bearish trend. 75.00% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from 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 bearish signal.
The Central Indicators scanner specialised in technical indicators, has not detected anything further.
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 259.93 | 261.75 | 263.51 | 265.41 | 266.65 | 269.85 | 271.59 |
| Change (%) | -2.06% | -1.38% | -0.72% | - | +0.47% | +1.67% | +2.33% |
| Change | -5.48 | -3.66 | -1.90 | - | +1.24 | +4.44 | +6.18 |
| Level | Major | Minor | Intermediate | - | Minor | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 256.44 | 260.20 | 262.94 | 266.70 | 269.44 | 273.20 | 275.94 |
| Camarilla | 263.88 | 264.48 | 265.07 | 265.67 | 266.27 | 266.86 | 267.46 |
| Woodie | 255.92 | 259.95 | 262.42 | 266.45 | 268.92 | 272.95 | 275.42 |
| Fibonacci | 260.20 | 262.69 | 264.22 | 266.70 | 269.19 | 270.72 | 273.20 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 253.01 | 257.92 | 261.79 | 266.70 | 270.57 | 275.48 | 279.35 |
| Camarilla | 263.26 | 264.06 | 264.87 | 265.67 | 266.48 | 267.28 | 268.09 |
| Woodie | 252.50 | 257.66 | 261.28 | 266.44 | 270.06 | 275.22 | 278.84 |
| Fibonacci | 257.92 | 261.27 | 263.34 | 266.70 | 270.05 | 272.12 | 275.48 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 247.13 | 254.44 | 261.20 | 268.51 | 275.27 | 282.58 | 289.34 |
| Camarilla | 264.09 | 265.38 | 266.67 | 267.96 | 269.25 | 270.54 | 271.83 |
| Woodie | 246.86 | 254.30 | 260.93 | 268.37 | 275.00 | 282.44 | 289.07 |
| Fibonacci | 254.44 | 259.82 | 263.14 | 268.51 | 273.89 | 277.21 | 282.58 |
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): | 43.45 | |
| MACD (12,26,9): | -0.5600 | |
| Directional Movement: | -4.24 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 266.20 | |
| Parabolic SAR (0,02-0,02-0,2): | 269.38 | |
| Elder Ray (13): | -0.70 | |
| Super Trend (3,10): | 270.47 | |
| Zig ZAG (10): | 265.53 | |
| VORTEX (21): | 0.9800 | |
| Stochastique (14,3,5): | 22.88 | |
| TEMA (21): | 265.34 | |
| Williams %R (14): | -80.23 | |
| Chande Momentum Oscillator (20): | -5.02 | |
| Repulse (5,40,3): | -0.4400 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 2.61 |
| MA7: | 267.21 | |
| MA20: | 267.27 | |
| MA50: | 268.00 | |
| MA100: | 266.76 | |
| MAexp7: | 265.77 | |
| MAexp20: | 266.71 | |
| MAexp50: | 266.86 | |
| MAexp100: | 267.00 | |
| Price / MA7: | -0.67% | |
| Price / MA20: | -0.70% | |
| Price / MA50: | -0.97% | |
| Price / MA100: | -0.51% | |
| Price / MAexp7: | -0.14% | |
| Price / MAexp20: | -0.49% | |
| Price / MAexp50: | -0.54% | |
| Price / MAexp100: | -0.60% |
Quotes :
-
15 min delayed data
-
NASDAQ Stocks
News
The last news published on VERISK ANALYTICS INC. at the time of the generation of this analysis was as follows:
- Verisk Announces U.S. Expansion of Industry-Leading (Re)Insurance Platform Whitespace
- Verisk Estimates Industry Insured Losses from Flooding in Central Europe to Range from EUR 2 Billion (~USD 2.2 Billion) to EUR 3 Billion (~USD 3.4 Billion)
- New Report: Average Annual Natural Catastrophe Losses for the Insurance Industry Reaches New High of $151 Billion
- Update: U.S. Insurance Industry Begins to See Surplus Recovery, Boosted by First Half Capital Gains and Signs of U.S. Property and Casualty Firms Inching Towards Stabilization
- U.S. Insurance Industry Begins to See Surplus Recovery, Boosted by First Quarter Capital Gains and Signs of U.S. Property and Casualty Firms Inching Towards Stabilization
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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