PHARNEXT

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	ALPHA
ISIN:	FR001400N1P4

PHARNEXT - 1H - Technical analysis published on 03/07/2023 (GMT)

Timeframe : 1H
- Analysis generated on
Status : NEUTRAL

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PHARNEXT Chart

Summary of the analysis

Trends

Short term: Bullish

Underlying: Slightly bearish

Technical indicators

72%

28%

My opinion

Neutral between 0.0009 EUR and 0.0014 EUR

My targets

My analysis

The short-term increase on PHARNEXT remains moderate but could challenge the slightly bearish basic trend. It is difficult to advise a trading direction under these conditions. The first resistance is located at 0.0014 EUR. The first support is located at 0.0009 EUR. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.

In the very short term, technical indicators are bullish and could soon allow change to a bullish sentiment.

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 0.0010 EUR. The price registered an increase of +42.86% on the session and was traded between 0.0007 EUR and 0.0010 EUR over the period. The price is currently at +42.86% from its lowest and 0% from its highest.

0.0007

0.0010

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

Abnormal volumes on PHARNEXT were detected by the Central Volumes scanner:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of PHARNEXT in 1H shows an overall slightly bearish trend. 46.43% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently being given by short-term moving averages indicate that this overall trend could be reversed. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 1 hour

In fact, 13 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

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

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : 1 hour

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

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

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	0.0006	0.0009	0.0010	0.0016	0.0020	0.0023
Change (%)	-40.00%	-10.00%	-	+60.00%	+100.00%	+130.00%
Change	-0.0004	-0.0001	-	+0.0006	+0.0010	+0.0013
Level	Intermediate	Major	-	Minor	Minor	Minor

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	0.0006	0.0006	0.0007	0.0007	0.0008	0.0008
Camarilla	0.0007	0.0007	0.0007	0.0007	0.0007	0.0007	0.0007
Woodie	0.0006	0.0006	0.0007	0.0007	0.0008	0.0008	0.0009
Fibonacci	0.0006	0.0006	0.0006	0.0007	0.0007	0.0007	0.0008

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 the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	62.41
MACD (12,26,9):	0.0000
Directional Movement:	3.7913
AROON (14):	71.4286
DEMA (21):	0.0008
Parabolic SAR (0,02-0,02-0,2):	0.0006
Elder Ray (13):	0.0002
Super Trend (3,10):	0.0007
Zig ZAG (10):	0.0010
VORTEX (21):	1.1765
Stochastique (14,3,5):	75.00
TEMA (21):	0.0009
Williams %R (14):	0.00
Chande Momentum Oscillator (20):	0.0003
Repulse (5,40,3):	24.7220
ROCnROLL:	1
TRIX (15,9):	0.0721
Courbe Coppock:	49.96

MA7:	0.0008
MA20:	0.0010
MA50:	0.0080
MA100:	0.3098
MAexp7:	0.0009
MAexp20:	0.0008
MAexp50:	0.0008
MAexp100:	0.0009
Price / MA7:	+25.00%
Price / MA20:	-0%
Price / MA50:	-87.50%
Price / MA100:	-99.68%
Price / MAexp7:	+11.11%
Price / MAexp20:	+25.00%
Price / MAexp50:	+25.00%
Price / MAexp100:	+11.11%

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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