ULVR.L closes lower for the 2nd day in a row

Unilever (ULVR.L) Technical Analysis Report for Jun 14, 2018 [1 min read]
ULVR.L crashes, loses £116.50 (-2.81%) within a single day
ULVR.L breaks key support level
ULVR.L breaks below 200-day moving average
ULVR.L finds buyers at key support level
ULVR.L fails to close above 20-day moving average
TQ Sentiment
Technical Forecast:

Moving lower for the 2nd day in a row, ULVR.L finished Thursday at 4033.50 tanking £116.50 (-2.81%) on high volume. This is the biggest single day loss in over four months. Today's closing price of 4033.50 marks the lowest close since May 4th. Closing below Wednesday's low at 4136.00, the market confirms its breakout through the previous session's low having traded £174.00 below it intraday.

Daily chart for ULVR.L

Thursday's trading range was £204.50 (4.96%), that's far above last trading month's daily average range of £56.62. Weekly volatility is also higher, being way above the markets average with the monthly volatility being slightly above average.


After trading as low as 3962.00 during the day, the stock bounced off the key support level at 3988.50. The failure to close below the support could increase that levels importance as support going forward. Breaking below the key support level at 4100.00 today, it is now likely to act as resistance going forward. After having been unable to move above 4167.50 in the prior session, Unilever ran into sellers again around the same price level today, failing to move higher than 4166.50. After spiking up to 4166.50 during the day, the share found resistance at the 20-day moving average at 4147.27.


ULVR.L shows weakness in the short-term (in accordance with its long-term downtrend) with only the medium-term trend being bullish. The market broke below the 200-day moving average at 4100.54 today for the first time since June 6th.

Order Flow

Further selling might move prices lower should the market test May's nearby low at 3943.00.


While classical technical analysis indicates a bearish sentiment for the next trading day, our quantitative statistics show a different picture being bullish.

Market Conditions for Unilever
Bearish Break through SMA 50 TQ Pro Members Only
Down Close Near Low of Period TQ Pro Members Only
Close to R1 Resistance TQ Pro Members Only
Close to S1 Support TQ Pro Members Only
Black Candle TQ Pro Members Only
More market conditions identified for TQ Pro members...
Learn more about TQ Pro
Trending Assets

Upgrade your trading!

Get the stats behind the charts

Find out what happened when Unilever traded like this in the past. See the odds for each technical pattern with expected gain and loss.


Stocks Top Movers

ETHUSD 516.2820.92 4.22%
BTCUSD 6,707.49240.41 3.72%
CRUDE 65.681.45 2.26%
EURUSD 1.16230.0014 0.12%
TBOND 143.7190.031 0.02%
FTSE 7,631.33-2.57 -0.03%
NDX 7,251.41-4.35 -0.06%
USDJPY 110.55-0.11 -0.10%
GOLD 1,280.6-1.4 -0.11%
SPX 2,773.87-5.55 -0.20%
Start your day with the facts moving the markets
By clicking "Subscribe", you agree to our terms and privacy policy.

Related Stocks

ABBV 10 day candlestick chart for ABBV98.48 -1.09
ACN 10 day candlestick chart for ACN162.88 -0.60
ADBE 10 day candlestick chart for ADBE255.69 3.87
AAP 10 day candlestick chart for AAP138.24 1.08
AES 10 day candlestick chart for AES13.07 0.00
AET 10 day candlestick chart for AET186.95 -2.55
AFL 10 day candlestick chart for AFL45.17 -0.58
AMG 10 day candlestick chart for AMG153.00 -2.81
A 10 day candlestick chart for A64.97 -1.16
ABT 10 day candlestick chart for ABT62.82 -0.09