PHARNEXT

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	ALPHA
ISIN:	FR001400N1P4

PHARNEXT - Daily - Technical analysis published on 11/22/2022 (GMT)

Londinia

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Timeframe : Daily
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PHARNEXT Chart

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bearish

Technical indicators

28%

17%

56%

My opinion

Bearish under 0.0004 EUR

My targets

0.0001 EUR (-35.00%)

0.0000 EUR (-85.00%)

My analysis

Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 0.0004 EUR remains possible. It is advisable to trade PHARNEXT with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 0.0004 EUR. The next bearish objective for sellers is set at 0.0001 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.0000 EUR. PS: if there is a bullish break in the resistance located at 0.0004 EUR we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.

Force

3.6

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 0.0002 EUR. The price registered an increase of +100.00% on the session and was between 0.0001 EUR and 0.0002 EUR. This implies that the price is at +100.00% from its lowest and at 0% from its highest.

0.0001

0.0002

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

New LOW record (5 years)

Type : Bearish

Timeframe : Weekly

New LOW record (1 year)

Type : Bearish

Timeframe : Weekly

New LOW record (1st january)

Type : Bearish

Timeframe : Weekly

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

The Central Volumes scanner notes the presence of abnormal volumes:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of PHARNEXT in Daily shows an overall bearish trend. The signals given by moving averages are 75.00% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 10 are neutral and 3 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

The analysis of the price chart with Central Patterns scanners does not return any result.

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

ProTrendLines

Price

	Price	R1	R2	R3
ProTrendLines	0.0002	0.0029	0.0625	0.0809
Change (%)	-	+1,350.00%	+31,150.00%	+40,350.00%
Change	-	+0.0027	+0.0623	+0.0807
Level	-	Minor	Major	Intermediate

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	0.0000	0.0000	0.0001	0.0001	0.0002	0.0002	0.0003
Camarilla	0.0001	0.0001	0.0001	0.0001	0.0001	0.0001	0.0001
Woodie	-0.0001	0.0000	0.0001	0.0001	0.0002	0.0002	0.0003
Fibonacci	0.0000	0.0001	0.0001	0.0001	0.0002	0.0002	0.0002

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.0000	0.0000	0.0001	0.0001	0.0002	0.0002	0.0003
Camarilla	0.0001	0.0001	0.0001	0.0001	0.0001	0.0001	0.0001
Woodie	-0.0001	0.0000	0.0001	0.0001	0.0002	0.0002	0.0003
Fibonacci	0.0000	0.0001	0.0001	0.0001	0.0002	0.0002	0.0002

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	-0.0006	-0.0002	0.0000	0.0004	0.0006	0.0010	0.0012
Camarilla	0.0001	0.0002	0.0003	0.0003	0.0004	0.0004	0.0005
Woodie	-0.0006	-0.0003	0.0000	0.0004	0.0006	0.0010	0.0012
Fibonacci	-0.0002	0.0000	0.0001	0.0004	0.0006	0.0007	0.0010

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):	47.28
MACD (12,26,9):	-0.0001
Directional Movement:	-10.6629
AROON (14):	-7.1429
DEMA (21):	0.0001
Parabolic SAR (0,02-0,02-0,2):	0.0002
Elder Ray (13):	-0.0001
Super Trend (3,10):	0.0005
Zig ZAG (10):	0.0002
VORTEX (21):	0.9615
Stochastique (14,3,5):	16.67
TEMA (21):	0.0002
Williams %R (14):	-50.00
Chande Momentum Oscillator (20):	0.0000
Repulse (5,40,3):	-57.4982
ROCnROLL:	-1
TRIX (15,9):	-3.4932
Courbe Coppock:	84.85

MA7:	0.0001
MA20:	0.0002
MA50:	0.0004
MA100:	0.0010
MAexp7:	0.0002
MAexp20:	0.0002
MAexp50:	0.0007
MAexp100:	0.0055
Price / MA7:	+100.00%
Price / MA20:	-0%
Price / MA50:	-50.00%
Price / MA100:	-80.00%
Price / MAexp7:	-0%
Price / MAexp20:	-0%
Price / MAexp50:	-71.43%
Price / MAexp100:	-96.36%

Quotes : - 15 min delayed data - Euronext Paris

News

The latest news and videos published on PHARNEXT 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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Londinia AI

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