BIOCARTIS

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	BCART
ISIN:	BE0974281132

BIOCARTIS - 1H - Technical analysis published on 10/19/2022 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
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BIOCARTIS Chart

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

56%

11%

33%

My opinion

Bullish above 1.327 EUR

My targets

1.450 EUR (+3.57%)

1.744 EUR (+24.57%)

My analysis

The bullish trend is currently very strong on BIOCARTIS. As long as the price remains above the support at 1.327 EUR, you could try to benefit from the boom. The first bullish objective is located at 1.450 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1.744 EUR as an objective. Crossing it would then enable buyers to target 2.095 EUR. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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

7.5

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 Londinia.

Additional analysis

Quotes

The BIOCARTIS rating is 1.400 EUR. The price has increased by +11.11% since the last closing with the lowest point at 1.300 EUR and the highest point at 1.450 EUR. The deviation from the price is +7.69% for the low point and -3.45% for the high point.

1.300

1.450

1.400

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by BIOCARTIS:

The study of the highest / lowest by the Central Records scanner shows the following result:

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of BIOCARTIS indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators shows a moderate bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour

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

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

The analysis of the price chart with Central Patterns scanners does not return any result.

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.927	1.050	1.138	1.400	1.450	2.095	2.430
Change (%)	-33.79%	-25.00%	-18.71%	-	+3.57%	+49.64%	+73.57%
Change	-0.473	-0.350	-0.262	-	+0.050	+0.695	+1.030
Level	Minor	Major	Minor	-	Intermediate	Intermediate	Intermediate

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	1.167	1.233	1.317	1.383	1.467	1.533	1.617
Camarilla	1.359	1.373	1.386	1.400	1.414	1.428	1.441
Woodie	1.175	1.238	1.325	1.388	1.475	1.538	1.625
Fibonacci	1.233	1.291	1.326	1.383	1.441	1.476	1.533

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.907	0.953	1.047	1.093	1.187	1.233	1.327
Camarilla	1.102	1.114	1.127	1.140	1.153	1.166	1.179
Woodie	0.930	0.965	1.070	1.105	1.210	1.245	1.350
Fibonacci	0.953	1.007	1.040	1.093	1.147	1.180	1.233

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	-0.019	0.418	0.644	1.081	1.307	1.744	1.970
Camarilla	0.688	0.749	0.809	0.870	0.931	0.992	1.052
Woodie	-0.125	0.365	0.539	1.028	1.202	1.691	1.865
Fibonacci	0.418	0.671	0.828	1.081	1.334	1.491	1.744

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):	75.56
MACD (12,26,9):	0.0780
Directional Movement:	33.692
AROON (14):	42.857
DEMA (21):	1.406
Parabolic SAR (0,02-0,02-0,2):	1.380
Elder Ray (13):	0.050
Super Trend (3,10):	1.316
Zig ZAG (10):	1.400
VORTEX (21):	1.2510
Stochastique (14,3,5):	77.16
TEMA (21):	1.435
Williams %R (14):	-20.83
Chande Momentum Oscillator (20):	0.160
Repulse (5,40,3):	-0.0450
ROCnROLL:	1
TRIX (15,9):	0.9460
Courbe Coppock:	33.62

MA7:	1.129
MA20:	1.017
MA50:	1.281
MA100:	1.569
MAexp7:	1.381
MAexp20:	1.305
MAexp50:	1.192
MAexp100:	1.115
Price / MA7:	+24.00%
Price / MA20:	+37.66%
Price / MA50:	+9.29%
Price / MA100:	-10.77%
Price / MAexp7:	+1.38%
Price / MAexp20:	+7.28%
Price / MAexp50:	+17.45%
Price / MAexp100:	+25.56%

Quotes : - 15 min delayed data - Euronext Bruxelles

News

Don't forget to follow the news on BIOCARTIS. 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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