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 12/20/2024 (GMT)

Londinia

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

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Neutral

Technical indicators

89%

11%

My opinion

Bullish above 0.0800 EUR

My targets

0.0943 EUR (+15.24%)

0.0949 EUR (+16.01%)

My analysis

The strong short-term increase of TME PHARMA should quickly allow the basic trend to become bullish. As long as the price remains above the support located at 0.0800 EUR, a purchase could be considered. The first bullish objective is located at 0.0943 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers could then target the resistance located at 0.0949 EUR. If there is any crossing, the next objective would be the resistance at 0.1184 EUR. Caution, if there is a return under 0.0800 EUR, it should not be forgotten that the basic trend is not yet clear. Caution would then be required.

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

4.5

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. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The TME PHARMA rating is 0.0818 EUR. The price registered an increase of +23.19% on the session with the lowest point at 0.0669 EUR and the highest point at 0.0818 EUR. The deviation from the price is +22.27% for the low point and 0% for the high point.

0.0669

0.0818

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

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:

New LOW record (5 years)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of TME PHARMA indicates that the overall trend is not clearly defined. The trend could quickly turn bullish due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 16 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour

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 scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : 1 hour

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

There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	0.0624	0.0800	0.0818	0.0949	0.1184	0.1410
Change (%)	-23.72%	-2.20%	-	+16.01%	+44.74%	+72.37%
Change	-0.0194	-0.0018	-	+0.0131	+0.0366	+0.0592
Level	Intermediate	Minor	-	Minor	Minor	Major

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.0601	0.0613	0.0639	0.0651	0.0677	0.0689	0.0715
Camarilla	0.0654	0.0657	0.0661	0.0664	0.0668	0.0671	0.0675
Woodie	0.0607	0.0617	0.0645	0.0655	0.0683	0.0693	0.0721
Fibonacci	0.0613	0.0628	0.0637	0.0651	0.0666	0.0675	0.0689

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.0381	0.0524	0.0662	0.0805	0.0943	0.1086	0.1224
Camarilla	0.0722	0.0748	0.0773	0.0799	0.0825	0.0851	0.0876
Woodie	0.0378	0.0523	0.0659	0.0804	0.0940	0.1085	0.1221
Fibonacci	0.0524	0.0632	0.0698	0.0805	0.0913	0.0979	0.1086

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.0837	0.1053	0.1269	0.1485	0.1701	0.1917	0.2133
Camarilla	0.1365	0.1405	0.1444	0.1484	0.1524	0.1563	0.1603
Woodie	0.0836	0.1053	0.1268	0.1485	0.1700	0.1917	0.2132
Fibonacci	0.1053	0.1218	0.1320	0.1485	0.1650	0.1752	0.1917

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):	69.10
MACD (12,26,9):	0.0024
Directional Movement:	21.5852
AROON (14):	64.2857
DEMA (21):	0.0728
Parabolic SAR (0,02-0,02-0,2):	0.0664
Elder Ray (13):	0.0077
Super Trend (3,10):	0.0694
Zig ZAG (10):	0.0809
VORTEX (21):	1.1932
Stochastique (14,3,5):	95.47
TEMA (21):	0.0768
Williams %R (14):	-0.54
Chande Momentum Oscillator (20):	0.0163
Repulse (5,40,3):	9.1696
ROCnROLL:	1
TRIX (15,9):	0.0228
Courbe Coppock:	32.79

MA7:	0.0711
MA20:	0.1034
MA50:	0.1262
MA100:	0.1342
MAexp7:	0.0757
MAexp20:	0.0706
MAexp50:	0.0720
MAexp100:	0.0818
Price / MA7:	+15.05%
Price / MA20:	-20.89%
Price / MA50:	-35.18%
Price / MA100:	-39.05%
Price / MAexp7:	+8.06%
Price / MAexp20:	+15.86%
Price / MAexp50:	+13.61%
Price / MAexp100:	-0%

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.

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