VALBIOTIS - 1H - Technical analysis published on 04/04/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 3.910 EUR
My targets
4.150 EUR (+3.23%)
4.280 EUR (+6.47%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on VALBIOTIS as long as the price remains well above 3.910 EUR. The buyers' bullish objective is set at 4.150 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 4.280 EUR. If there is any crossing, the next objective would be the resistance located at 4.580 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
8.2
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This analysis was given by pierrott. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
VALBIOTIS rating 4.020 EUR. The price has increased by +3.61% since the last closing and was traded between 3.860 EUR and 4.050 EUR over the period. The price is currently at +4.15% from its lowest and -0.74% from its highest.3.860
4.050
4.020
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of VALBIOTIS in 1H shows a strongly overall bullish trend. 85.71% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 16 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3.700 | 3.910 | 4.000 | 4.020 | 4.150 | 4.280 | 4.580 |
| Change (%) | -7.96% | -2.74% | -0.50% | - | +3.23% | +6.47% | +13.93% |
| Change | -0.320 | -0.110 | -0.020 | - | +0.130 | +0.260 | +0.560 |
| 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 | 3.318 | 3.537 | 3.708 | 3.927 | 4.098 | 4.317 | 4.488 |
| Camarilla | 3.773 | 3.809 | 3.844 | 3.880 | 3.916 | 3.952 | 3.987 |
| Woodie | 3.295 | 3.525 | 3.685 | 3.915 | 4.075 | 4.305 | 4.465 |
| Fibonacci | 3.537 | 3.686 | 3.778 | 3.927 | 4.076 | 4.168 | 4.317 |
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 technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 68.36 | |
| MACD (12,26,9): | 0.0890 | |
| Directional Movement: | 27.210 | |
| AROON (14): | 21.428 | |
| DEMA (21): | 3.910 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.657 | |
| Elder Ray (13): | 0.140 | |
| Super Trend (3,10): | 3.718 | |
| Zig ZAG (10): | 3.980 | |
| VORTEX (21): | 1.0900 | |
| Stochastique (14,3,5): | 64.39 | |
| TEMA (21): | 3.962 | |
| Williams %R (14): | -28.21 | |
| Chande Momentum Oscillator (20): | 0.420 | |
| Repulse (5,40,3): | 2.0590 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2980 | |
| Courbe Coppock: | 16.43 |
| MA7: | 3.678 | |
| MA20: | 3.794 | |
| MA50: | 3.973 | |
| MA100: | 4.566 | |
| MAexp7: | 3.910 | |
| MAexp20: | 3.800 | |
| MAexp50: | 3.705 | |
| MAexp100: | 3.706 | |
| Price / MA7: | +9.30% | |
| Price / MA20: | +5.96% | |
| Price / MA50: | +1.18% | |
| Price / MA100: | -11.96% | |
| Price / MAexp7: | +2.81% | |
| Price / MAexp20: | +5.79% | |
| Price / MAexp50: | +8.50% | |
| Price / MAexp100: | +8.47% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
The latest news and videos published on VALBIOTIS at the time of the analysis were as follows:
- Valbiotis to launch its 100% natural dietary supplement for the management of hypercholesterolemia on the French market in May
- Valbiotis presents its 2024 financial communication calendar
- Valbiotis sets out its commercial and clinical roadmap for 2024
- Valbiotis announces the success of its €15 M capital increase
- Valbiotis announces the launch of a capital increase
This member declared not having a position on this financial instrument or a related financial instrument.
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