PHARNEXT

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	ALPHA
ISIN:	FR001400N1P4

PHARNEXT - Daily - Technical analysis published on 07/19/2022 (GMT)

254
0
07/19/2022 - 11:11
0

Londinia

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Timeframe : Daily
- Analysis generated on 07/19/2022 - 11:11
Status : TARGET REACHED

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PHARNEXT Chart

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

28%

39%

33%

My opinion

Bearish under 0.0057 EUR

My targets

0.0019 EUR (-10.95%)

0.0012 EUR (-41.43%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on PHARNEXT as long as the price remains well below 0.0057 EUR. The sellers' bearish objective is set at 0.0019 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.0012 EUR. In case of crossing, the next objective would be the support located at 0.0003 EUR. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

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

Force

6.4

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 PHARNEXT price is 0.0021 EUR. The price has increased by +16.67% since the last closing and was traded between 0.0017 EUR and 0.0022 EUR over the period. The price is currently at +23.53% from its lowest and -4.55% from its highest.

0.0017

0.0022

0.0021

A study of price movements over other periods shows the following variations:

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

A technical analysis in Daily of this PHARNEXT chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is oversold : under 30

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

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

ProTrendLines

Price

	Price	R1	R2	R3
ProTrendLines	0.0021	0.0832	0.1800	0.3390
Change (%)	-	+3,861.90%	+8,471.43%	+16,042.86%
Change	-	+0.0811	+0.1779	+0.3369
Level	-	Minor	Major	Minor

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	0.0012	0.0013	0.0016	0.0017	0.0020	0.0021	0.0024
Camarilla	0.0017	0.0017	0.0018	0.0018	0.0018	0.0019	0.0019
Woodie	0.0012	0.0014	0.0016	0.0018	0.0020	0.0022	0.0024
Fibonacci	0.0013	0.0015	0.0016	0.0017	0.0019	0.0020	0.0021

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.0001	0.0008	0.0012	0.0019	0.0023	0.0030	0.0034
Camarilla	0.0014	0.0015	0.0016	0.0017	0.0018	0.0019	0.0020
Woodie	0.0001	0.0007	0.0012	0.0018	0.0023	0.0029	0.0034
Fibonacci	0.0008	0.0012	0.0015	0.0019	0.0023	0.0026	0.0030

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	-0.0081	-0.0027	0.0003	0.0057	0.0087	0.0141	0.0171
Camarilla	0.0009	0.0017	0.0024	0.0032	0.0040	0.0047	0.0055
Woodie	-0.0094	-0.0033	-0.0010	0.0051	0.0074	0.0135	0.0158
Fibonacci	-0.0027	0.0005	0.0025	0.0057	0.0089	0.0109	0.0141

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):	28.38
MACD (12,26,9):	-0.0020
Directional Movement:	-1.4341
AROON (14):	-78.5714
DEMA (21):	0.0000
Parabolic SAR (0,02-0,02-0,2):	0.0030
Elder Ray (13):	-0.0004
Super Trend (3,10):	0.0039
Zig ZAG (10):	0.0020
VORTEX (21):	0.8537
Stochastique (14,3,5):	12.27
TEMA (21):	0.0023
Williams %R (14):	-76.92
Chande Momentum Oscillator (20):	-0.0008
Repulse (5,40,3):	16.1642
ROCnROLL:	2
TRIX (15,9):	-5.0806
Courbe Coppock:	91.99

MA7:	0.0018
MA20:	0.0026
MA50:	0.0071
MA100:	0.0341
MAexp7:	0.0019
MAexp20:	0.0031
MAexp50:	0.0121
MAexp100:	0.0475
Price / MA7:	+16.67%
Price / MA20:	-19.23%
Price / MA50:	-70.42%
Price / MA100:	-93.84%
Price / MAexp7:	+10.53%
Price / MAexp20:	-32.26%
Price / MAexp50:	-82.64%
Price / MAexp100:	-95.58%

Quotes : 07/19/2022 - 10:54 - 15 min delayed data - Euronext Paris

News

Don't forget to follow the news on PHARNEXT. At the time of publication of this analysis, the latest news was as follows:

07/05/2022 - 06:30 Pharnext Appoints Antoine Gravelle as General Counsel
07/05/2022 - 02:50 Pharnext Appoints Antoine Gravelle as General Counsel
06/28/2022 - 06:30 Pharnext: Findings on Symptoms Burden of Charcot-Marie-Tooth Disease Type 1A From the ‘Real-World’ Digital Lifestyle Study, CMT&Me, to be Presented at the ICNMD 2022
06/28/2022 - 03:00 Pharnext: Findings on Symptoms Burden of Charcot-Marie-Tooth Disease Type 1A From the ‘Real-World’ Digital Lifestyle Study, CMT&Me, to be Presented at the ICNMD 2022
06/20/2022 - 06:30 Pharnext Holds Shareholders Meeting and Appoints Dr. James Kuo to Renewed Board of Directors

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

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