The gaming sector is growing with each generation contributing to the increased demand and recognition of E-sports. Ubisoft is a leading video game developer with a solid track record in blessing us with some of the best games like Assassin's Creed, Far Cry, Watch Dogs, etc.
Being a gamer, Ubisoft is an amazing company with a tanking share price. And just got...
Ubisoft Entertainment aka ubi "bug" is a french video game publisher headquartered in Saint-Mandé with development studios across the world. Its video game franchises include Assassin's Creed, Far Cry, For Honor, Just Dance, Prince of Persia, Rabbids, Rayman, Tom Clancy's, and Watch Dogs. Ubisoft was one early investors in web3 technologies and projects too
last...
UBI in a possible turning point. If you are looking for long this is an interesting point. Wait for the setback with a possible entry long in the marked area. Enjoy, thump up and follow for more ideas!
Dear long-term investor, welcome to this new analysis of Ubisoft.
Despite a massive disappointment from gamers towards Ubisoft's games EURONEXT:UBI , accused of preferring numbers to quality, Ubisoft has announced that they want to get closer to their community, which could announce better games in the future?
A few days ago, they announced a potential remaster...
Double Top formation and completion
The question is where does price go from here?
Price may recover along the 1/1 Gann line, which has previously been a resistance area for price
Or it may recover at the red line plotted which has been a strong pivot point for price
Its all based on the strength of the double top
⚠️ This is not investment advice, but an analysis made to allow a potential insight into the market's evolution based on indicators. ⚠️
According to me and the indicators ( RSI , MACD ) we will start to follow a short term uptrend in a few days. Also, I personally think that Ubisoft is a company that can have a nice and long run despite some big misses, but this...
Buying points:
-trend line from July,15
-strong support at 51.14€
-MACD: MA lines extremely under average
-RSI: oversold
Selling points:
-all SMAs above the price
-MACD shows negative momentum
Fundamentals
-selling pressure bc of bad earnings of the gaming industry (take-two)
-seasonal summer impact -> people are more outside, fewer sales
-guidance of next...
EURONEXT:UBI Shows a clear hidden divergence, which signals that trend will continue. Long term support is still going strong while long term resistance trend line is broken. Possible long entry.
Ubisoft has been stuck in a downtrend for awhile now, an initial island can be observed and linked to the current downfall of this stock. Currently the price is trading within a downtrend, where a second island bottom is present, which may lead to a reversal at the immediate support zone. Overall the bearish momentum, outweighs the possible bullish factors.
