ACASTI PHARMA INC.

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	ACST
ISIN:	CA00430K4028

ACASTI PHARMA INC. - 15 min. - Technical analysis published on 05/20/2021 (GMT)

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Timeframe : 15 min.
- Analysis generated on
Status : TARGET REACHED

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ACASTI PHARMA INC. Chart

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

83%

17%

My opinion

Bullish above 0.514 USD

My targets

0.545 USD (+0.31%)

0.587 USD (+8.16%)

My analysis

The bullish trend is currently very strong on ACASTI PHARMA INC.. As long as the price remains above the support at 0.514 USD, you could try to benefit from the boom. The first bullish objective is located at 0.545 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.587 USD as an objective. Crossing it would then enable buyers to target 0.638 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.8

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 aba0550.

Additional analysis

Quotes

ACASTI PHARMA INC. rating 0.543 USD. The price has increased by +1.12% since the last closing and was between 0.537 USD and 0.570 USD. This implies that the price is at +1.12% from its lowest and at -4.74% from its highest.

0.537

0.570

0.543

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

Technical

Technical analysis of ACASTI PHARMA INC. in 15 min. shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

MACD indicator: bearish divergence

Type : Bearish

Timeframe : 15 minutes

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 : 15 minutes

Price is back under the pivot point

Type : Bearish

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

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.455	0.484	0.528	0.543	0.569	0.620	0.652
Change (%)	-16.21%	-10.87%	-2.76%	-	+4.79%	+14.18%	+20.07%
Change	-0.088	-0.059	-0.015	-	+0.026	+0.077	+0.109
Level	Major	Intermediate	Minor	-	Minor	Intermediate	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	0.339	0.390	0.463	0.514	0.587	0.638	0.711
Camarilla	0.503	0.514	0.526	0.537	0.548	0.560	0.571
Woodie	0.351	0.396	0.475	0.520	0.599	0.644	0.723
Fibonacci	0.390	0.437	0.466	0.514	0.561	0.590	0.638

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.294	0.349	0.392	0.447	0.490	0.545	0.588
Camarilla	0.409	0.418	0.427	0.436	0.445	0.454	0.463
Woodie	0.289	0.346	0.387	0.444	0.485	0.542	0.583
Fibonacci	0.349	0.386	0.409	0.447	0.484	0.507	0.545

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.110	0.246	0.369	0.505	0.628	0.764	0.887
Camarilla	0.422	0.446	0.469	0.493	0.517	0.541	0.564
Woodie	0.105	0.243	0.364	0.502	0.623	0.761	0.882
Fibonacci	0.246	0.345	0.406	0.505	0.604	0.665	0.764

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):	62.72
MACD (12,26,9):	0.0170
Directional Movement:	22.178
AROON (14):	85.714
DEMA (21):	0.531
Parabolic SAR (0,02-0,02-0,2):	0.486
Elder Ray (13):	0.016
Super Trend (3,10):	0.485
Zig ZAG (10):	0.537
VORTEX (21):	1.1110
Stochastique (14,3,5):	81.67
TEMA (21):	0.538
Williams %R (14):	-30.48
Chande Momentum Oscillator (20):	0.029
Repulse (5,40,3):	2.2990
ROCnROLL:	1
TRIX (15,9):	0.4230
Courbe Coppock:	14.39

MA7:	0.453
MA20:	0.465
MA50:	0.539
MA100:	0.620
MAexp7:	0.529
MAexp20:	0.510
MAexp50:	0.485
MAexp100:	0.468
Price / MA7:	+19.87%
Price / MA20:	+16.77%
Price / MA50:	+0.74%
Price / MA100:	-12.42%
Price / MAexp7:	+2.65%
Price / MAexp20:	+6.47%
Price / MAexp50:	+11.96%
Price / MAexp100:	+16.03%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

The latest news and videos published on ACASTI PHARMA INC. 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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