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TME PHARMA
TME PHARMA
- EUR (-)
- 15 min delayed data - Euronext Paris
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: ALTME
ISIN: NL0015000YE1

TME PHARMA - 1H - Technical analysis published on 11/07/2023 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Slightly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 0.3766 EUR
My targets
0.4573 EUR (+1.63%)
0.5447 EUR (+21.04%)
My analysis
TME PHARMA is currently trying to strengthen its basic trend with a very bullish short term. As long as the price remains above 0.3766 EUR, traders may consider taking advantage of this bullish acceleration and setting themselves to trade only long positions (at the time of purchase). Buyers will encounter the resistance at 0.4573 EUR. A bullish break in this resistance would confirm a continuation of the bullish acceleration. The next resistance located at 0.5447 EUR would then be the next bullish objective for buyers. Crossing it would then enable buyers to target 0.5690 EUR. Beware of a possible return to under the support located at 0.3766 EUR which would be the sign of a correction of the bullish excesses registered in the short term.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
5.4

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.

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Daily Weekly

Additional analysis

Quotes

TME PHARMA rating 0.4500 EUR. The price registered an increase of +18.58% on the session and was between 0.3500 EUR and 0.4700 EUR. This implies that the price is at +28.57% from its lowest and at -4.26% from its highest.

0.3500
0.4700
0.4500

The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.

Central Gaps

Opening Gap DOWN

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
Abnormal volumes on TME PHARMA were detected by the Central Volumes scanner:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of this 1H chart of TME PHARMA indicates that the overall trend is slightly bullish. 60.71% of the signals given by moving averages are bullish. This slightly bullish trend could be reinforced by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour



In fact, 14 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

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

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour


Aroon indicator bullish trend

Type : Bullish

Timeframe : 1 hour


SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : 1 hour



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S1
R1
R2
R3
Price


S1PriceR1R2R3
ProTrendLines 0.3766 0.4500 0.5690 0.9940 1.1086
Change (%) -16.31% - +26.44% +120.89% +146.36%
Change -0.0734 - +0.1190 +0.5440 +0.6586
Level Major - Intermediate Minor 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
Standard0.35220.36580.37270.38630.39320.40680.4137
Camarilla0.37390.37570.37760.37950.38140.38330.3851
Woodie0.34880.36410.36930.38460.38980.40510.4103
Fibonacci0.36580.37370.37850.38630.39420.39900.4068


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.09470.23230.31970.45730.54470.68230.7697
Camarilla0.34510.36580.38640.40700.42760.44830.4689
Woodie0.06950.21980.29450.44480.51950.66980.7445
Fibonacci0.23230.31830.37140.45730.54330.59640.6823


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-1.2717-0.4733-0.04670.75171.17831.97672.4033
Camarilla0.04310.15540.26770.38000.49230.60460.7169
Woodie-1.4575-0.5663-0.23250.65880.99251.88382.2175
Fibonacci-0.4733-0.00540.28370.75171.21961.50871.9767

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): 61.95
MACD (12,26,9): -0.0005
Directional Movement: 18.9649
AROON (14): 14.2857
DEMA (21): 0.3983
Parabolic SAR (0,02-0,02-0,2): 0.3524
Elder Ray (13): 0.0507
Super Trend (3,10): 0.3793
Zig ZAG (10): 0.4690
VORTEX (21): 0.9793
Stochastique (14,3,5): 80.43
TEMA (21): 0.4104
Williams %R (14): -0.83
Chande Momentum Oscillator (20): 0.0740
Repulse (5,40,3): 6.2930
ROCnROLL: 1
TRIX (15,9): -0.2697
Courbe Coppock: 0.79
MA7: 0.4299
MA20: 0.4802
MA50: 1.0212
MA100: 1.2179
MAexp7: 0.4100
MAexp20: 0.4030
MAexp50: 0.4135
MAexp100: 0.4553
Price / MA7: +4.68%
Price / MA20: -6.29%
Price / MA50: -55.93%
Price / MA100: -63.05%
Price / MAexp7: +9.76%
Price / MAexp20: +11.66%
Price / MAexp50: +8.83%
Price / MAexp100: -1.16%

Quotes : - 15 min delayed data - Euronext Paris

News


The latest news and videos published on TME PHARMA at the time of the analysis were as follows:

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

About author

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Londinia AI

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