VALBIOTIS

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	ALVAL
ISIN:	FR0013254851

VALBIOTIS - 1H - Technical analysis published on 04/03/2024 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

83%

11%

My opinion

Bullish above 4.000 EUR

My targets

4.280 EUR (+4.39%)

4.580 EUR (+11.71%)

My analysis

VALBIOTIS is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 4.000 EUR. The next resistance located at 4.280 EUR is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 4.580 EUR. After this resistance, buyers could then target 5.630 EUR.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

7.1

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.

This analysis was given by pierrott. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The VALBIOTIS price is 4.100 EUR. The price registered an increase of +13.10% on the session and was between 3.820 EUR and 4.145 EUR. This implies that the price is at +7.33% from its lowest and at -1.09% from its highest.

3.820

4.145

4.100

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner for higher/lower results shows the following items:

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of VALBIOTIS in 1H shows an overall bullish trend. 78.57% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 1 hour

In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour

Aroon indicator bullish trend

Type : Bullish

Timeframe : 1 hour

Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near resistance of channel

Type : Bearish

Timeframe : 1 hour

Near resistance of triangle

Type : Bearish

Timeframe : 1 hour

The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:

White gravestone / inverted hammer

Type : Neutral

Timeframe : 1 hour

White line without lower shadow

Type : Bullish

Timeframe : 1 hour

Upside gap

Type : Bullish

Timeframe : 1 hour

Long white line

Type : Bullish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	3.700	3.910	4.000	4.100	4.280	4.580	5.630
Change (%)	-9.76%	-4.63%	-2.44%	-	+4.39%	+11.71%	+37.32%
Change	-0.400	-0.190	-0.100	-	+0.180	+0.480	+1.530
Level	Minor	Major	Major	-	Minor	Minor	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	3.450	3.505	3.565	3.620	3.680	3.735	3.795
Camarilla	3.593	3.604	3.615	3.625	3.636	3.646	3.657
Woodie	3.453	3.506	3.568	3.621	3.683	3.736	3.798
Fibonacci	3.505	3.549	3.576	3.620	3.664	3.691	3.735

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3.220	3.330	3.480	3.590	3.740	3.850	4.000
Camarilla	3.559	3.582	3.606	3.630	3.654	3.678	3.702
Woodie	3.240	3.340	3.500	3.600	3.760	3.860	4.020
Fibonacci	3.330	3.429	3.491	3.590	3.689	3.751	3.850

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.397	2.903	3.267	3.773	4.137	4.643	5.007
Camarilla	3.391	3.471	3.550	3.630	3.710	3.790	3.869
Woodie	2.325	2.868	3.195	3.738	4.065	4.608	4.935
Fibonacci	2.903	3.236	3.441	3.773	4.106	4.311	4.643

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):	78.33
MACD (12,26,9):	0.0460
Directional Movement:	43.119
AROON (14):	64.286
DEMA (21):	3.689
Parabolic SAR (0,02-0,02-0,2):	3.560
Elder Ray (13):	0.280
Super Trend (3,10):	3.683
Zig ZAG (10):	4.090
VORTEX (21):	1.0320
Stochastique (14,3,5):	51.39
TEMA (21):	3.740
Williams %R (14):	0.00
Chande Momentum Oscillator (20):	0.460
Repulse (5,40,3):	10.9040
ROCnROLL:	1
TRIX (15,9):	0.0950
Courbe Coppock:	4.41

MA7:	3.656
MA20:	3.800
MA50:	3.984
MA100:	4.591
MAexp7:	3.735
MAexp20:	3.635
MAexp50:	3.614
MAexp100:	3.667
Price / MA7:	+12.14%
Price / MA20:	+7.89%
Price / MA50:	+2.91%
Price / MA100:	-10.69%
Price / MAexp7:	+9.77%
Price / MAexp20:	+12.79%
Price / MAexp50:	+13.45%
Price / MAexp100:	+11.81%

Quotes : - 15 min delayed data - Euronext Paris

News

Don't forget to follow the news on VALBIOTIS. 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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