XENON PHARMACEUTICALS INC. - Daily - Technical analysis published on 09/18/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Bearish
De fond:
Strongly bearish
Technical indicators
28%
39%
33%
My opinion
Bearish under 9.87 USD
My targets
9.18 USD (-0.86%)
8.64 USD (-6.70%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on XENON PHARMACEUTICALS INC. as long as the price remains well below 9.87 USD. The next bearish objective for sellers is set at 9.18 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 8.64 USD. If there is any crossing, the next objective would be the support located at 7.58 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
FORCE
0
10
5.7
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The XENON PHARMACEUTICALS INC. price is 9.26 USD. On the day, this instrument lost -1.91% with the lowest point at 9.23 USD and the highest point at 9.80 USD. The deviation from the price is +0.33% for the low point and -5.51% for the high point.9.23
9.80
9.26
Here is a more detailed summary of the historical variations registered by XENON PHARMACEUTICALS INC.:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of XENON PHARMACEUTICALS INC. in Daily shows a overall strongly bearish trend. 89.29% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : Daily
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
RSI indicator is back over 50
Type : Bullish
Timeframe : Daily
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Williams %R indicator is back over -50
Type : Bullish
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of channel
Type : Bullish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 7.58 | 8.64 | 9.18 | 9.26 | 9.87 | 10.44 | 14.90 |
| Change (%) | -18.14% | -6.70% | -0.86% | - | +6.59% | +12.74% | +60.91% |
| Change | -1.68 | -0.62 | -0.08 | - | +0.61 | +1.18 | +5.64 |
| Level | Major | Major | Intermediate | - | Major | 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 | 8.86 | 9.14 | 9.29 | 9.57 | 9.72 | 10.00 | 10.15 |
| Camarilla | 9.32 | 9.36 | 9.40 | 9.44 | 9.48 | 9.52 | 9.56 |
| Woodie | 8.80 | 9.11 | 9.23 | 9.54 | 9.66 | 9.97 | 10.09 |
| Fibonacci | 9.14 | 9.30 | 9.41 | 9.57 | 9.73 | 9.84 | 10.00 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8.15 | 8.59 | 8.92 | 9.36 | 9.69 | 10.13 | 10.46 |
| Camarilla | 9.04 | 9.11 | 9.18 | 9.25 | 9.32 | 9.39 | 9.46 |
| Woodie | 8.10 | 8.56 | 8.87 | 9.33 | 9.64 | 10.10 | 10.41 |
| Fibonacci | 8.59 | 8.88 | 9.07 | 9.36 | 9.65 | 9.84 | 10.13 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.85 | 7.69 | 8.51 | 9.35 | 10.17 | 11.01 | 11.83 |
| Camarilla | 8.86 | 9.02 | 9.17 | 9.32 | 9.47 | 9.62 | 9.78 |
| Woodie | 6.83 | 7.69 | 8.49 | 9.35 | 10.15 | 11.01 | 11.81 |
| Fibonacci | 7.69 | 8.33 | 8.72 | 9.35 | 9.99 | 10.38 | 11.01 |
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): | 47.78 | |
| MACD (12,26,9): | 0.0200 | |
| Directional Movement: | 3.08 | |
| AROON (14): | 35.72 | |
| DEMA (21): | 9.36 | |
| Parabolic SAR (0,02-0,02-0,2): | 9.03 | |
| Elder Ray (13): | 0.16 | |
| Super Trend (3,10): | 9.95 | |
| Zig ZAG (10): | 9.26 | |
| VORTEX (21): | 1.0400 | |
| Stochastique (14,3,5): | 43.17 | |
| TEMA (21): | 9.44 | |
| Williams %R (14): | -62.16 | |
| Chande Momentum Oscillator (20): | -0.03 | |
| Repulse (5,40,3): | -8.5000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0300 | |
| Courbe Coppock: | 8.56 |
| MA7: | 9.35 | |
| MA20: | 9.29 | |
| MA50: | 9.45 | |
| MA100: | 9.53 | |
| MAexp7: | 9.36 | |
| MAexp20: | 9.34 | |
| MAexp50: | 9.39 | |
| MAexp100: | 9.43 | |
| Price / MA7: | -0.96% | |
| Price / MA20: | -0.32% | |
| Price / MA50: | -2.01% | |
| Price / MA100: | -2.83% | |
| Price / MAexp7: | -1.07% | |
| Price / MAexp20: | -0.86% | |
| Price / MAexp50: | -1.38% | |
| Price / MAexp100: | -1.80% |
News
The latest news and videos published on XENON PHARMACEUTICALS INC. at the time of the analysis were as follows:
- Investor Network: Xenon Pharmaceuticals Inc. to Host Earnings Call
-
Xenon Pharmaceuticals
- Xenon Pharmaceuticals Outlines Key Milestones for 2017
- Xenon Pharmaceuticals to Present at the Stifel 2016 Healthcare Conference
- Xenon Pharmaceuticals Reports Third Quarter 2016 Financial Results and Provides Corporate Update
This member declared not having a position on this financial instrument or a related financial instrument.
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