BIOCARTIS

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	BCART
ISIN:	BE0974281132

BIOCARTIS - Daily - Technical analysis published on 02/23/2023 (GMT)

Timeframe : Daily
- Analysis generated on
Status : NEUTRAL

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BIOCARTIS Chart

Summary of the analysis

Trends

Short term: Bullish

Underlying: Slightly bearish

Technical indicators

50%

17%

33%

My opinion

Neutral between 0.569 EUR and 0.805 EUR

My targets

My analysis

The short-term increase on BIOCARTIS remains moderate but could challenge the slightly bearish basic trend. It is difficult to advise a trading direction under these conditions. The first resistance is located at 0.805 EUR. The first support is located at 0.569 EUR. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.

In the very short term, despite the neutral opinion of this analysis, technical indicators are bullish and could soon allow change to a bullish sentiment.

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

BIOCARTIS rating 0.686 EUR. The price has increased by +6.85% since the last closing with the lowest point at 0.643 EUR and the highest point at 0.701 EUR. The deviation from the price is +6.69% for the low point and -2.14% for the high point.

0.643

0.701

0.686

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

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:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of BIOCARTIS in Daily shows an overall slightly bearish trend. Only 60.71% of the signals given by moving averages are bearish. This slightly bearish trend could turn neutral or reverse given the slightly bullish signals currently being given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily

An assessment of technical indicators shows a slightly bullish signal.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily

Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near resistance of channel

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S1	Price	R1	R2	R3
ProTrendLines	0.512	0.686	0.862	1.126	1.397
Change (%)	-25.36%	-	+25.66%	+64.14%	+103.64%
Change	-0.174	-	+0.176	+0.440	+0.711
Level	Major	-	Minor	Minor	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.594	0.619	0.652	0.677	0.710	0.735	0.768
Camarilla	0.670	0.675	0.681	0.686	0.691	0.697	0.702
Woodie	0.599	0.621	0.657	0.679	0.715	0.737	0.773
Fibonacci	0.619	0.641	0.655	0.677	0.699	0.713	0.735

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.563	0.588	0.611	0.636	0.659	0.684	0.707
Camarilla	0.622	0.626	0.631	0.635	0.639	0.644	0.648
Woodie	0.563	0.588	0.611	0.636	0.659	0.684	0.707
Fibonacci	0.588	0.606	0.617	0.636	0.654	0.665	0.684

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.333	0.431	0.569	0.667	0.805	0.903	1.041
Camarilla	0.641	0.663	0.684	0.706	0.728	0.749	0.771
Woodie	0.352	0.441	0.588	0.677	0.824	0.913	1.060
Fibonacci	0.431	0.522	0.577	0.667	0.758	0.813	0.903

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):	55.76
MACD (12,26,9):	-0.0050
Directional Movement:	4.361
AROON (14):	-50.000
DEMA (21):	0.658
Parabolic SAR (0,02-0,02-0,2):	0.612
Elder Ray (13):	0.013
Super Trend (3,10):	0.714
Zig ZAG (10):	0.686
VORTEX (21):	0.8740
Stochastique (14,3,5):	36.36
TEMA (21):	0.658
Williams %R (14):	-38.84
Chande Momentum Oscillator (20):	-0.031
Repulse (5,40,3):	6.3890
ROCnROLL:	-1
TRIX (15,9):	0.0530
Courbe Coppock:	18.11

MA7:	0.643
MA20:	0.677
MA50:	0.628
MA100:	0.817
MAexp7:	0.655
MAexp20:	0.662
MAexp50:	0.693
MAexp100:	0.839
Price / MA7:	+6.69%
Price / MA20:	+1.33%
Price / MA50:	+9.24%
Price / MA100:	-16.03%
Price / MAexp7:	+4.73%
Price / MAexp20:	+3.63%
Price / MAexp50:	-1.01%
Price / MAexp100:	-18.24%

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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