BIOCARTIS

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	BCART
ISIN:	BE0974281132

BIOCARTIS - 1H - Technical analysis published on 02/23/2023 (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: Bullish

Technical indicators

72%

28%

My opinion

Bullish above 0.660 EUR

My targets

0.701 EUR (+2.19%)

0.720 EUR (+4.96%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on BIOCARTIS as long as the price remains well above 0.660 EUR. The buyers' bullish objective is set at 0.701 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.720 EUR. If there is any crossing, the next objective would be the resistance located at 0.740 EUR.

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

6.3

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 0.686 EUR. On the day, this instrument gained +6.85% and was traded between 0.643 EUR and 0.701 EUR over the period. The price is currently at +6.69% from its lowest and -2.14% from its highest.

0.643

0.701

0.686

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

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

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of BIOCARTIS in 1H shows an overall bullish trend. 71.43% 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 currently does not detect any result that concerns moving averages.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.621	0.636	0.660	0.686	0.701	0.720	0.740
Change (%)	-9.48%	-7.29%	-3.79%	-	+2.19%	+4.96%	+7.87%
Change	-0.065	-0.050	-0.026	-	+0.015	+0.034	+0.054
Level	Minor	Minor	Intermediate	-	Major	Minor	Minor

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	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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	68.14
MACD (12,26,9):	0.0130
Directional Movement:	28.340
AROON (14):	28.572
DEMA (21):	0.676
Parabolic SAR (0,02-0,02-0,2):	0.645
Elder Ray (13):	0.019
Super Trend (3,10):	0.662
Zig ZAG (10):	0.686
VORTEX (21):	1.1390
Stochastique (14,3,5):	76.53
TEMA (21):	0.687
Williams %R (14):	-23.08
Chande Momentum Oscillator (20):	0.036
Repulse (5,40,3):	1.7330
ROCnROLL:	1
TRIX (15,9):	0.1780
Courbe Coppock:	11.91

MA7:	0.643
MA20:	0.677
MA50:	0.628
MA100:	0.817
MAexp7:	0.679
MAexp20:	0.662
MAexp50:	0.653
MAexp100:	0.659
Price / MA7:	+6.69%
Price / MA20:	+1.33%
Price / MA50:	+9.24%
Price / MA100:	-16.03%
Price / MAexp7:	+1.03%
Price / MAexp20:	+3.63%
Price / MAexp50:	+5.05%
Price / MAexp100:	+4.10%

Quotes : - 15 min delayed data - Euronext Bruxelles

News

The last news published on BIOCARTIS at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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