NYRSTAR

- EUR (-)

- 15 min delayed data - Euronext Bruxelles

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	NYR
ISIN:	BE0974294267

NYRSTAR - Daily - Technical analysis published on 10/13/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bearish

Technical indicators

56%

11%

33%

My opinion

Bearish under 0.2308 EUR

My targets

0.2007 EUR (-4.43%)

0.1930 EUR (-8.10%)

My analysis

Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 0.2308 EUR remains possible. It is advisable to trade NYRSTAR with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 0.2308 EUR. The next bearish objective for sellers is set at 0.2007 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.1930 EUR. In case of crossing, the next objective would be the support located at 0.1666 EUR. PS: if there is a bullish break in the resistance located at 0.2308 EUR we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.

Force

0.4

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

The NYRSTAR price is 0.2100 EUR. The price has increased by +8.53% since the last closing and was between 0.2050 EUR and 0.2250 EUR. This implies that the price is at +2.44% from its lowest and at -6.67% from its highest.

0.2050

0.2250

0.2100

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Opening Gap UP

Type : Bullish

Timeframe : Openning

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

The Central Records scanner, which identifies the highest / lowest, has detected an element:

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of NYRSTAR in Daily shows an overall bearish trend. 64.29% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

MACD indicator: bullish divergence

Type : Bullish

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily

Ichimoku - Bullish crossover : Tenkan & Kijun

Type : Bullish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.1666	0.1930	0.2007	0.2100	0.2308	0.2491	0.2899
Change (%)	-20.67%	-8.10%	-4.43%	-	+9.90%	+18.62%	+38.05%
Change	-0.0434	-0.0170	-0.0093	-	+0.0208	+0.0391	+0.0799
Level	Major	Intermediate	Minor	-	Intermediate	Intermediate	Minor

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.1568	0.1752	0.1843	0.2027	0.2118	0.2302	0.2393
Camarilla	0.1859	0.1885	0.1910	0.1935	0.1960	0.1985	0.2011
Woodie	0.1523	0.1729	0.1798	0.2004	0.2073	0.2279	0.2348
Fibonacci	0.1752	0.1857	0.1922	0.2027	0.2132	0.2197	0.2302

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.1492	0.1673	0.1837	0.2018	0.2182	0.2363	0.2527
Camarilla	0.1905	0.1937	0.1968	0.2000	0.2032	0.2063	0.2095
Woodie	0.1483	0.1669	0.1828	0.2014	0.2173	0.2359	0.2518
Fibonacci	0.1673	0.1805	0.1887	0.2018	0.2150	0.2232	0.2363

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.1342	0.1573	0.1857	0.2088	0.2372	0.2603	0.2887
Camarilla	0.1998	0.2046	0.2093	0.2140	0.2187	0.2234	0.2282
Woodie	0.1368	0.1586	0.1883	0.2101	0.2398	0.2616	0.2913
Fibonacci	0.1573	0.1770	0.1892	0.2088	0.2285	0.2407	0.2603

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	51.90
MACD (12,26,9):	-0.0027
Directional Movement:	9.5507
AROON (14):	64.2857
DEMA (21):	0.2009
Parabolic SAR (0,02-0,02-0,2):	0.1910
Elder Ray (13):	0.0115
Super Trend (3,10):	0.2165
Zig ZAG (10):	0.2100
VORTEX (21):	0.8885
Stochastique (14,3,5):	45.46
TEMA (21):	0.2014
Williams %R (14):	-33.71
Chande Momentum Oscillator (20):	0.0100
Repulse (5,40,3):	-15.5469
ROCnROLL:	-1
TRIX (15,9):	-0.2185
Courbe Coppock:	1.49

MA7:	0.2016
MA20:	0.2041
MA50:	0.2114
MA100:	0.2222
MAexp7:	0.2027
MAexp20:	0.2048
MAexp50:	0.2114
MAexp100:	0.2214
Price / MA7:	+4.17%
Price / MA20:	+2.89%
Price / MA50:	-0.66%
Price / MA100:	-5.49%
Price / MAexp7:	+3.60%
Price / MAexp20:	+2.54%
Price / MAexp50:	-0.66%
Price / MAexp100:	-5.15%

Quotes : - 15 min delayed data - Euronext Bruxelles

News

Don't forget to follow the news on NYRSTAR. At the time of publication of this analysis, the latest news was as follows:

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

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