VIVORYON - 1H - Technical analysis published on 05/17/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 0.762 EUR
My targets
0.811 EUR (+2.92%)
0.890 EUR (+12.94%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on VIVORYON. This is a positive signal for buyers. As long as the price remains above 0.762 EUR, a purchase could be considered. The first bullish objective is located at 0.811 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.890 EUR as an objective. Crossing it would then enable buyers to target 0.919 EUR. In the event of a return below 0.762 EUR, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The VIVORYON price is 0.788 EUR. The price has increased by +4.79% since the last closing with the lowest point at 0.760 EUR and the highest point at 0.796 EUR. The deviation from the price is +3.68% for the low point and -1.01% for the high point.0.760
0.796
0.788
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this VIVORYON chart shows a bullish trend. The signals returned by the moving averages are 71.43% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
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 a bearish signal that could support the hypothesis of a small drop in the very short term:
Bearish doji star
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.511 | 0.621 | 0.762 | 0.788 | 0.811 | 0.919 | 0.999 |
| Change (%) | -35.15% | -21.19% | -3.30% | - | +2.92% | +16.62% | +26.78% |
| Change | -0.277 | -0.167 | -0.026 | - | +0.023 | +0.131 | +0.211 |
| Level | Major | Major | Intermediate | - | Minor | Intermediate | Intermediate |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.711 | 0.731 | 0.741 | 0.761 | 0.771 | 0.791 | 0.801 |
| Camarilla | 0.744 | 0.747 | 0.749 | 0.752 | 0.755 | 0.758 | 0.760 |
| Woodie | 0.707 | 0.729 | 0.737 | 0.759 | 0.767 | 0.789 | 0.797 |
| Fibonacci | 0.731 | 0.742 | 0.749 | 0.761 | 0.772 | 0.779 | 0.791 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.570 | 0.665 | 0.730 | 0.825 | 0.890 | 0.985 | 1.050 |
| Camarilla | 0.751 | 0.766 | 0.780 | 0.795 | 0.810 | 0.824 | 0.839 |
| Woodie | 0.555 | 0.658 | 0.715 | 0.818 | 0.875 | 0.978 | 1.035 |
| Fibonacci | 0.665 | 0.726 | 0.764 | 0.825 | 0.886 | 0.924 | 0.985 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.217 | 0.097 | 0.372 | 0.686 | 0.961 | 1.275 | 1.550 |
| Camarilla | 0.486 | 0.540 | 0.594 | 0.648 | 0.702 | 0.756 | 0.810 |
| Woodie | -0.236 | 0.087 | 0.354 | 0.676 | 0.943 | 1.265 | 1.532 |
| Fibonacci | 0.097 | 0.322 | 0.461 | 0.686 | 0.911 | 1.050 | 1.275 |
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): | 59.32 | |
| MACD (12,26,9): | 0.0020 | |
| Directional Movement: | 13.467 | |
| AROON (14): | 78.571 | |
| DEMA (21): | 0.766 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.749 | |
| Elder Ray (13): | 0.019 | |
| Super Trend (3,10): | 0.743 | |
| Zig ZAG (10): | 0.788 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 62.33 | |
| TEMA (21): | 0.774 | |
| Williams %R (14): | -17.02 | |
| Chande Momentum Oscillator (20): | 0.038 | |
| Repulse (5,40,3): | 1.4360 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0360 | |
| Courbe Coppock: | 3.09 |
| MA7: | 0.775 | |
| MA20: | 0.750 | |
| MA50: | 0.622 | |
| MA100: | 4.419 | |
| MAexp7: | 0.772 | |
| MAexp20: | 0.766 | |
| MAexp50: | 0.770 | |
| MAexp100: | 0.764 | |
| Price / MA7: | +1.68% | |
| Price / MA20: | +5.07% | |
| Price / MA50: | +26.69% | |
| Price / MA100: | -82.17% | |
| Price / MAexp7: | +2.07% | |
| Price / MAexp20: | +2.87% | |
| Price / MAexp50: | +2.34% | |
| Price / MAexp100: | +3.14% |
Quotes :
-
15 min delayed data
-
Euronext Amsterdam
News
Don't forget to follow the news on VIVORYON. At the time of publication of this analysis, the latest news was as follows:
- Vivoryon Therapeutics N.V. to Report Q1 2024 Financial Results and Operational Progress on May 23, 2024
- Vivoryon Therapeutics N.V. to Hold its 2024 Annual General Meeting on June 21, 2024
- Vivoryon Therapeutics N.V. Reports Full Year 2023 Financial Results and Provides Varoglutamstat and Strategic Updates
- Vivoryon Therapeutics N.V. to Report Full Year 2023 Financial Results and Operational Progress on April 24, 2024
- Vivoryon Therapeutics N.V. Announces Changes to Board Composition
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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