Londinia Opportunities Analyses - 05/03/2024 (GMT) WILLIS TOWERS WATSON PUBLIC - 1H

WILLIS TOWERS WATSON PUBLIC
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Type: Stocks
Ticker: WTW
ISIN: IE00BDB6Q211

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • U.S. Stocks
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
6%
72%
22%
My opinion
Bearish under 251.54 USD
My targets
248.12 USD (-0.76%)
245.72 USD (-1.72%)
My analysis
WILLIS TOWERS WATSON PUBLIC is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 251.54 USD. The next support located at 248.12 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 245.72 USD. Below this support, sellers could then target 235.68 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem 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
8.2

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.

Additional analysis

Quotes

The WILLIS TOWERS WATSON PUBLIC rating is 250.01 USD. The price is lower by -0.98% since the last closing and was traded between 249.04 USD and 252.60 USD over the period. The price is currently at +0.39% from its lowest and -1.03% from its highest.

249.04
252.60
250.01

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of WILLIS TOWERS WATSON PUBLIC in 1H shows a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 13 technical indicators on 18 studied are currently bearish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Pivot points : price is under support 3

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 several results that can have an impact on the price change:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour


Support of channel is broken

Type : Bearish

Timeframe : 1 hour



The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:

Central Candlesticks

Three black crows

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 235.68 245.72 248.12 250.01 251.54 256.25 258.84
Change (%) -5.73% -1.72% -0.76% - +0.61% +2.50% +3.53%
Change -14.33 -4.29 -1.89 - +1.53 +6.24 +8.83
Level Major Major Minor - Minor Minor Major



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard247.96249.75251.12252.91254.28256.07257.44
Camarilla251.62251.91252.20252.49252.78253.07253.36
Woodie247.75249.65250.91252.81254.07255.97257.23
Fibonacci249.75250.96251.70252.91254.12254.86256.07


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard220.30232.67241.81254.18263.32275.69284.83
Camarilla245.04247.01248.98250.95252.92254.89256.87
Woodie218.69231.86240.20253.37261.71274.88283.22
Fibonacci232.67240.89245.96254.18262.40267.47275.69


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard209.95227.49239.32256.86268.69286.23298.06
Camarilla243.06245.76248.45251.14253.83256.53259.22
Woodie207.09226.06236.46255.43265.83284.80295.20
Fibonacci227.49238.71245.64256.86268.08275.01286.23

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): 35.32
MACD (12,26,9): -0.6800
Directional Movement: -12.68
AROON (14): -64.29
DEMA (21): 251.70
Parabolic SAR (0,02-0,02-0,2): 256.17
Elder Ray (13): -1.93
Super Trend (3,10): 255.19
Zig ZAG (10): 249.56
VORTEX (21): 0.9300
Stochastique (14,3,5): 14.55
TEMA (21): 251.84
Williams %R (14): -100.00
Chande Momentum Oscillator (20): -4.84
Repulse (5,40,3): -1.3700
ROCnROLL: 2
TRIX (15,9): -0.0200
Courbe Coppock: 0.96
MA7: 252.62
MA20: 259.05
MA50: 267.16
MA100: 258.68
MAexp7: 251.66
MAexp20: 252.61
MAexp50: 254.44
MAexp100: 257.47
Price / MA7: -1.03%
Price / MA20: -3.49%
Price / MA50: -6.42%
Price / MA100: -3.35%
Price / MAexp7: -0.66%
Price / MAexp20: -1.03%
Price / MAexp50: -1.74%
Price / MAexp100: -2.90%

Quotes : - 15 min delayed data - Actions NASDAQ