VERISK ANALYTICS INC. - 1H - Technical analysis published on 11/18/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 285.58 USD
My targets
277.07 USD (-1.24%)
273.37 USD (-2.56%)
My analysis
The strong short-term decline of VERISK ANALYTICS INC. reinforces the current slightly bearish trend. As long as the price remains below 285.58 USD, you could take advantage of this bearish acceleration. The first bearish objective is located at 277.07 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 273.37 USD as an objective. Crossing it would then enable sellers to target 262.86 USD. A return to above 285.58 USD would be a sign of a correction of short-term bearish excesses. In this case, you could stay away while waiting for signals indicating a reversal of the trend.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
3.9
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 280.54 USD. The price is lower by -0.09% since the last closing with the lowest point at 279.63 USD and the highest point at 282.48 USD. The deviation from the price is +0.33% for the low point and -0.69% for the high point.279.63
282.48
280.54
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by VERISK ANALYTICS INC.:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of VERISK ANALYTICS INC. indicates that the overall trend is slightly bearish. 60.71% of the signals given by moving averages are bearish. This slightly bearish trend could be reinforced by the strong bearish signals given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish trend reversal : adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 273.37 | 277.07 | 280.00 | 280.54 | 285.58 | 291.42 |
| Change (%) | -2.56% | -1.24% | -0.19% | - | +1.80% | +3.88% |
| Change | -7.17 | -3.47 | -0.54 | - | +5.04 | +10.88 |
| Level | Minor | Intermediate | Intermediate | - | Major | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 272.11 | 276.13 | 278.46 | 282.48 | 284.81 | 288.83 | 291.16 |
| Camarilla | 279.05 | 279.64 | 280.22 | 280.80 | 281.38 | 281.96 | 282.55 |
| Woodie | 271.28 | 275.71 | 277.63 | 282.06 | 283.98 | 288.41 | 290.33 |
| Fibonacci | 276.13 | 278.55 | 280.05 | 282.48 | 284.90 | 286.40 | 288.83 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 265.54 | 272.84 | 276.82 | 284.12 | 288.10 | 295.40 | 299.38 |
| Camarilla | 277.70 | 278.73 | 279.77 | 280.80 | 281.83 | 282.87 | 283.90 |
| Woodie | 263.88 | 272.01 | 275.16 | 283.29 | 286.44 | 294.57 | 297.72 |
| Fibonacci | 272.84 | 277.15 | 279.81 | 284.12 | 288.43 | 291.09 | 295.40 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 245.03 | 253.08 | 263.90 | 271.95 | 282.77 | 290.82 | 301.64 |
| Camarilla | 269.53 | 271.26 | 272.99 | 274.72 | 276.45 | 278.18 | 279.91 |
| Woodie | 246.42 | 253.77 | 265.29 | 272.64 | 284.16 | 291.51 | 303.03 |
| Fibonacci | 253.08 | 260.29 | 264.74 | 271.95 | 279.16 | 283.61 | 290.82 |
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): | 33.45 | |
| MACD (12,26,9): | -1.6200 | |
| Directional Movement: | -17.12 | |
| AROON (14): | -64.29 | |
| DEMA (21): | 281.06 | |
| Parabolic SAR (0,02-0,02-0,2): | 281.93 | |
| Elder Ray (13): | -1.33 | |
| Super Trend (3,10): | 285.01 | |
| Zig ZAG (10): | 280.57 | |
| VORTEX (21): | 0.7100 | |
| Stochastique (14,3,5): | 15.84 | |
| TEMA (21): | 279.38 | |
| Williams %R (14): | -87.75 | |
| Chande Momentum Oscillator (20): | -2.93 | |
| Repulse (5,40,3): | -0.2300 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0700 | |
| Courbe Coppock: | 4.19 |
| MA7: | 285.07 | |
| MA20: | 276.41 | |
| MA50: | 271.44 | |
| MA100: | 271.39 | |
| MAexp7: | 281.15 | |
| MAexp20: | 283.01 | |
| MAexp50: | 283.53 | |
| MAexp100: | 280.81 | |
| Price / MA7: | -1.59% | |
| Price / MA20: | +1.49% | |
| Price / MA50: | +3.35% | |
| Price / MA100: | +3.37% | |
| Price / MAexp7: | -0.22% | |
| Price / MAexp20: | -0.87% | |
| Price / MAexp50: | -1.05% | |
| Price / MAexp100: | -0.10% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
Don't forget to follow the news on VERISK ANALYTICS INC.. At the time of publication of this analysis, the latest news was as follows:
- Verisk Reports Third-Quarter 2024 Financial Results
- Verisk Debuts New Statistical Reporting Technology on Guidewire Marketplace
- Verisk CEO Lee Shavel Appointed to Federal Advisory Committee on Insurance
- Verisk Estimates Industry Insured Losses for Hurricane Milton Will Range Between USD 30 Billion to USD 50 Billion
- Verisk to Announce Fiscal Third-Quarter 2024 Results on October 30, 2024
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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