BIOCARTIS

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	BCART
ISIN:	BE0974281132

BIOCARTIS - Daily - Technical analysis published on 05/11/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

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BIOCARTIS Chart

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

33%

My opinion

Bearish under 0.663 EUR

My targets

0.537 EUR (-12.73%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on BIOCARTIS as long as the price remains well below 0.663 EUR. The sellers' bearish objective is set at 0.537 EUR. A bearish break of this support would revive the bearish momentum.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

3.9

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 price is 0.615 EUR. The price has increased by +6.22% since the last closing with the lowest point at 0.566 EUR and the highest point at 0.615 EUR. The deviation from the price is +8.66% for the low point and 0% for the high point.

0.566

0.615

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

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

The Central Records scanner for higher/lower results shows an item:

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this BIOCARTIS chart shows a bearish trend. The signals given by moving averages are 71.43% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 6 are bullish, 6 are neutral and 6 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

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

	S1	Price	R1	R2	R3
ProTrendLines	0.533	0.615	0.732	1.126	1.397
Change (%)	-13.33%	-	+19.02%	+83.09%	+127.15%
Change	-0.082	-	+0.117	+0.511	+0.782
Level	Major	-	Major	Minor	Major

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	0.533	0.550	0.582	0.599	0.631	0.648	0.680
Camarilla	0.602	0.606	0.611	0.615	0.620	0.624	0.629
Woodie	0.542	0.554	0.591	0.603	0.640	0.652	0.689
Fibonacci	0.550	0.568	0.580	0.599	0.617	0.629	0.648

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.501	0.534	0.553	0.586	0.605	0.638	0.657
Camarilla	0.559	0.564	0.568	0.573	0.578	0.583	0.587
Woodie	0.495	0.531	0.547	0.583	0.599	0.635	0.651
Fibonacci	0.534	0.554	0.566	0.586	0.606	0.618	0.638

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.347	0.473	0.537	0.663	0.727	0.853	0.917
Camarilla	0.548	0.565	0.583	0.600	0.617	0.635	0.652
Woodie	0.315	0.458	0.505	0.648	0.695	0.838	0.885
Fibonacci	0.473	0.546	0.591	0.663	0.736	0.781	0.853

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):	47.58
MACD (12,26,9):	-0.0160
Directional Movement:	-2.914
AROON (14):	-71.429
DEMA (21):	0.600
Parabolic SAR (0,02-0,02-0,2):	0.711
Elder Ray (13):	-0.019
Super Trend (3,10):	0.649
Zig ZAG (10):	0.615
VORTEX (21):	0.8760
Stochastique (14,3,5):	16.91
TEMA (21):	0.587
Williams %R (14):	-65.49
Chande Momentum Oscillator (20):	-0.011
Repulse (5,40,3):	7.2580
ROCnROLL:	-1
TRIX (15,9):	-0.2290
Courbe Coppock:	26.50

MA7:	0.593
MA20:	0.640
MA50:	0.636
MA100:	0.634
MAexp7:	0.598
MAexp20:	0.618
MAexp50:	0.638
MAexp100:	0.710
Price / MA7:	+3.71%
Price / MA20:	-3.91%
Price / MA50:	-3.30%
Price / MA100:	-3.00%
Price / MAexp7:	+2.84%
Price / MAexp20:	-0.49%
Price / MAexp50:	-3.61%
Price / MAexp100:	-13.38%

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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