PHARNEXT - Daily - Technical analysis published on 03/06/2023 (GMT)
- 183
- 0
- Timeframe : Daily
- - Analysis generated on
- Status : WITHOUT TARGET
PHARNEXT Chart
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
28%
39%
33%
My opinion
Bearish under 0.0016 EUR
My targets
-
My analysis
The bearish trend is currently very strong for PHARNEXT. As long as the price remains below the resistance at 0.0016 EUR, you could try to take advantage of the bearish rally. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
6.4
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This analysis was given by Londinia.
Additional analysis
Quotes
The PHARNEXT price is 0.0007 EUR. The price registered an increase of +16.67% on the session and was between 0.0006 EUR and 0.0007 EUR. This implies that the price is at +16.67% from its lowest and at 0% from its highest.0.0006
0.0007
0.0007
Here is a more detailed summary of the historical variations registered by PHARNEXT:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this Daily chart of PHARNEXT indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
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
R1
R2
R3
Price
| Price | R1 | R2 | R3 | |
|---|---|---|---|---|
| ProTrendLines | 0.0007 | 3.5000 | 8.0000 | 16.5000 |
| Change (%) | - | +499,900.00% | +1,142,757.14% | +2,357,042.86% |
| Change | - | +3.4993 | +7.9993 | +16.4993 |
| Level | - | Minor | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.0005 | 0.0005 | 0.0006 | 0.0006 | 0.0007 | 0.0007 | 0.0008 |
| Camarilla | 0.0006 | 0.0006 | 0.0006 | 0.0006 | 0.0006 | 0.0006 | 0.0006 |
| Woodie | 0.0005 | 0.0005 | 0.0006 | 0.0006 | 0.0007 | 0.0007 | 0.0008 |
| Fibonacci | 0.0005 | 0.0006 | 0.0006 | 0.0006 | 0.0007 | 0.0007 | 0.0007 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.0002 | 0.0002 | 0.0004 | 0.0008 | 0.0010 | 0.0014 | 0.0016 |
| Camarilla | 0.0004 | 0.0005 | 0.0006 | 0.0006 | 0.0007 | 0.0007 | 0.0008 |
| Woodie | -0.0003 | 0.0002 | 0.0003 | 0.0008 | 0.0009 | 0.0014 | 0.0015 |
| Fibonacci | 0.0002 | 0.0004 | 0.0006 | 0.0008 | 0.0010 | 0.0012 | 0.0014 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.0025 | -0.0009 | 0.0000 | 0.0016 | 0.0025 | 0.0041 | 0.0050 |
| Camarilla | 0.0002 | 0.0004 | 0.0007 | 0.0009 | 0.0011 | 0.0014 | 0.0016 |
| Woodie | -0.0029 | -0.0011 | -0.0004 | 0.0014 | 0.0022 | 0.0039 | 0.0047 |
| Fibonacci | -0.0009 | 0.0001 | 0.0007 | 0.0016 | 0.0026 | 0.0032 | 0.0041 |
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): | 32.74 | |
| MACD (12,26,9): | -0.0077 | |
| Directional Movement: | -13.2953 | |
| AROON (14): | -85.7142 | |
| DEMA (21): | 0.0095 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.0011 | |
| Elder Ray (13): | -0.0005 | |
| Super Trend (3,10): | 0.0035 | |
| Zig ZAG (10): | 0.0006 | |
| VORTEX (21): | 0.7143 | |
| Stochastique (14,3,5): | 0.00 | |
| TEMA (21): | 0.0159 | |
| Williams %R (14): | -100.00 | |
| Chande Momentum Oscillator (20): | -0.0005 | |
| Repulse (5,40,3): | -47.3862 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -8.3939 | |
| Courbe Coppock: | 73.68 |
| MA7: | 0.0008 | |
| MA20: | 0.0011 | |
| MA50: | 0.0095 | |
| MA100: | 0.3398 | |
| MAexp7: | 0.0008 | |
| MAexp20: | 0.0029 | |
| MAexp50: | 0.2222 | |
| MAexp100: | 7.1153 | |
| Price / MA7: | -12.50% | |
| Price / MA20: | -36.36% | |
| Price / MA50: | -92.63% | |
| Price / MA100: | -99.79% | |
| Price / MAexp7: | -12.50% | |
| Price / MAexp20: | -75.86% | |
| Price / MAexp50: | -99.68% | |
| Price / MAexp100: | -99.99% |
Quotes :
-
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:
- Pharnext supports and participates in the 27th edition of the Francophone Peripheral Nerve Society conference (SFNP) in Paris
- Pharnext refocuses its clinical trial programs on PXT3003, its most promising drug candidate, to optimize financial resources allocation
- Pharnext unveils the latest progress of the PREMIER trial, pivotal Phase III clinical trial of PXT3003 in Charcot-Marie-Tooth disease type 1A
- Pharnext announces successful completion of manufacturing transfer and scale-up of PXT3003 in the United States
- Pharnext supports and participates in the 21st King's College Symposium on Neuromuscular Diseases in London
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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