UNIPOL

- EUR (-)

- 15 min delayed data - Italy Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	UNI
ISIN:	IT0004810054

UNIPOL - Daily - Technical analysis published on 03/12/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

50%

22%

28%

My opinion

Bullish above 6.896 EUR

My targets

8.114 EUR (+7.99%)

10.014 EUR (+33.27%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on UNIPOL as long as the price remains well above 6.896 EUR. The buyers' bullish objective is set at 8.114 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 10.014 EUR. If there is any crossing, the next objective would be the resistance located at 13.460 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.

Force

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.

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Additional analysis

Quotes

UNIPOL rating 7.514 EUR. On the day, this instrument lost -1.52% and was traded between 7.488 EUR and 7.644 EUR over the period. The price is currently at +0.35% from its lowest and -1.70% from its highest.

7.488

7.644

7.514

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

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

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

Abnormal volumes on UNIPOL were detected by the Central Volumes scanner:

Abnormal volumes

Timeframe : 20 days

Technical

Technical analysis of this Daily chart of UNIPOL indicates that the overall trend is strongly bullish. 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. An assessment of moving averages reveals several bearish signals that could impact this trend:

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : Daily

Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : Daily

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:

RSI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is under support 2

Type : Neutral

Timeframe : Daily

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	5.244	5.795	6.500	7.514	13.460	15.231	20.161
Change (%)	-30.21%	-22.88%	-13.49%	-	+79.13%	+102.70%	+168.31%
Change	-2.270	-1.719	-1.014	-	+5.946	+7.717	+12.647
Level	Intermediate	Intermediate	Minor	-	Minor	Minor	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	7.471	7.509	7.569	7.607	7.667	7.705	7.765
Camarilla	7.603	7.612	7.621	7.630	7.639	7.648	7.657
Woodie	7.483	7.515	7.581	7.613	7.679	7.711	7.777
Fibonacci	7.509	7.546	7.569	7.607	7.644	7.667	7.705

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	7.275	7.363	7.491	7.579	7.707	7.795	7.923
Camarilla	7.559	7.578	7.598	7.618	7.638	7.658	7.677
Woodie	7.294	7.373	7.510	7.589	7.726	7.805	7.942
Fibonacci	7.363	7.446	7.497	7.579	7.662	7.713	7.795

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	4.314	4.996	6.214	6.896	8.114	8.796	10.014
Camarilla	6.910	7.084	7.258	7.432	7.606	7.780	7.955
Woodie	4.582	5.130	6.482	7.030	8.382	8.930	10.282
Fibonacci	4.996	5.722	6.170	6.896	7.622	8.070	8.796

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):	81.66
MACD (12,26,9):	0.4200
Directional Movement:	33.084
AROON (14):	85.714
DEMA (21):	7.755
Parabolic SAR (0,02-0,02-0,2):	7.210
Elder Ray (13):	0.178
Super Trend (3,10):	7.190
Zig ZAG (10):	7.504
VORTEX (21):	1.2320
Stochastique (14,3,5):	81.24
TEMA (21):	7.833
Williams %R (14):	-40.69
Chande Momentum Oscillator (20):	0.092
Repulse (5,40,3):	-1.1020
ROCnROLL:	1
TRIX (15,9):	1.0630
Courbe Coppock:	22.68

MA7:	7.555
MA20:	7.236
MA50:	6.229
MA100:	5.718
MAexp7:	7.533
MAexp20:	7.179
MAexp50:	6.497
MAexp100:	5.978
Price / MA7:	-0.54%
Price / MA20:	+3.84%
Price / MA50:	+20.63%
Price / MA100:	+31.41%
Price / MAexp7:	-0.25%
Price / MAexp20:	+4.67%
Price / MAexp50:	+15.65%
Price / MAexp100:	+25.69%

Quotes : - 15 min delayed data - Italy Stocks

News

The latest news and videos published on UNIPOL at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

About author

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