PHARNEXT - Daily - Technical analysis published on 05/09/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
PHARNEXT Chart
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
33%
22%
44%
My opinion
Bearish under 0.0004 EUR
My targets
0.0001 EUR (-65.00%)
My analysis
The bearish basic trend is very strong on PHARNEXT but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 0.0004 EUR. Crossing the first support at 0.0001 EUR would be a sign of a further potential price plummet. Caution, a return to above the resistance located at 0.0004 EUR would be a sign of a possible consolidation phase of the short-term basic trend. 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
5
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
PHARNEXT rating 0.0002 EUR. The price has increased by +100.00% since the last closing and was traded between 0.0001 EUR and 0.0002 EUR over the period. The price is currently at +100.00% from its lowest and 0% from its highest.0.0001
0.0002
0.0002
Here is a more detailed summary of the historical variations registered by PHARNEXT:
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
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 Daily shows a overall strongly bearish trend. 85.71% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator: bullish divergence
Type : Bullish
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
R1
R2
R3
Price
| Price | R1 | R2 | R3 | |
|---|---|---|---|---|
| ProTrendLines | 0.0002 | 3.5000 | 9.0000 | 11.0000 |
| Change (%) | - | +1,749,900.00% | +4,499,900.00% | +5,499,900.00% |
| Change | - | +3.4998 | +8.9998 | +10.9998 |
| Level | - | Intermediate | 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 | 0.0000 | 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 | 0.0001 | 0.0001 | 0.0002 | 0.0002 | 0.0003 | 0.0003 |
| Camarilla | 0.0002 | 0.0002 | 0.0002 | 0.0002 | 0.0002 | 0.0002 | 0.0002 |
| Woodie | 0.0001 | 0.0001 | 0.0002 | 0.0002 | 0.0003 | 0.0003 | 0.0004 |
| Fibonacci | 0.0001 | 0.0001 | 0.0001 | 0.0002 | 0.0002 | 0.0002 | 0.0003 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.0002 | -0.0001 | 0.0001 | 0.0002 | 0.0004 | 0.0005 | 0.0007 |
| Camarilla | 0.0001 | 0.0002 | 0.0002 | 0.0002 | 0.0002 | 0.0003 | 0.0003 |
| Woodie | -0.0003 | -0.0001 | 0.0001 | 0.0002 | 0.0004 | 0.0005 | 0.0007 |
| Fibonacci | -0.0001 | 0.0001 | 0.0001 | 0.0002 | 0.0004 | 0.0004 | 0.0005 |
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): | 38.14 | |
| MACD (12,26,9): | -0.0003 | |
| Directional Movement: | -11.1884 | |
| AROON (14): | -28.5714 | |
| DEMA (21): | 0.0002 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.0004 | |
| Elder Ray (13): | -0.0001 | |
| Super Trend (3,10): | 0.0005 | |
| Zig ZAG (10): | 0.0002 | |
| VORTEX (21): | 0.9167 | |
| Stochastique (14,3,5): | 27.78 | |
| TEMA (21): | 0.0012 | |
| Williams %R (14): | -50.00 | |
| Chande Momentum Oscillator (20): | -0.0001 | |
| Repulse (5,40,3): | 40.9526 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -4.5905 | |
| Courbe Coppock: | 75.91 |
| MA7: | 0.0002 | |
| MA20: | 0.0002 | |
| MA50: | 0.0004 | |
| MA100: | 0.0078 | |
| MAexp7: | 0.0002 | |
| MAexp20: | 0.0003 | |
| MAexp50: | 0.0313 | |
| MAexp100: | 1.0719 | |
| Price / MA7: | -0% | |
| Price / MA20: | -0% | |
| Price / MA50: | -50.00% | |
| Price / MA100: | -97.44% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | -33.33% | |
| Price / MAexp50: | -99.36% | |
| Price / MAexp100: | -99.98% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
The last news published on PHARNEXT at the time of the generation of this analysis was as follows:
- Pharnext supports the online 2023 Conference of CMTUK, the UK's Charity dedicated to supporting people living with Charcot-Marie-Tooth disease
- Findings on the impact of fatigue on patients living with Charcot-Marie-Tooth diseases from 'Real-World' digital lifestyle study, CMT and Me, to be presented in a webinar organized with CMT UK
- Pharnext supports and participates in two congresses on Neuromuscular Disorders in Europe
- Pharnext supports and participates in two congresses dedicated to Charcot-Marie-Tooth diseases in Marseille, France
- New study published by Edison Investment Research updates valuation of Pharnext's assets
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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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