XENETIC BIOSCIENCES INC. - 1H - Technical analysis published on 07/13/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 2.55 USD
My targets
3.05 USD (+12.24%)
3.17 USD (+16.54%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on XENETIC BIOSCIENCES INC.. This is a positive signal for buyers. As long as the price remains above 2.55 USD, a purchase could be considered. The first bullish objective is located at 3.05 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 3.17 USD as an objective. Crossing it would then enable buyers to target 3.50 USD. In the event of a return below 2.55 USD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7.5
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Additional analysis
Quotes
XENETIC BIOSCIENCES INC. rating 2.72 USD. The price has increased by +33.99% since the last closing and was between 1.99 USD and 3.14 USD. This implies that the price is at +36.68% from its lowest and at -13.38% from its highest.1.99
3.14
2.72
Here is a more detailed summary of the historical variations registered by XENETIC BIOSCIENCES INC.:
Technical
Technical analysis of this 1H chart of XENETIC BIOSCIENCES INC. indicates that the overall trend is bullish. 78.57% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Moving Average bullish crossovers : AMA20 & AMA50
Type : Bullish
Timeframe : 1 hour
The probability of a further increase is high given the direction of the technical indicators.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
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
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | R1 | Price | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2.02 | 2.20 | 2.45 | 2.72 | 2.72 | 3.17 | 3.50 |
| Change (%) | -25.74% | -19.12% | -9.93% | 0% | - | +16.54% | +28.68% |
| Change | -0.70 | -0.52 | -0.27 | 0 | - | +0.45 | +0.78 |
| Level | Major | Intermediate | Intermediate | Intermediate | - | Intermediate | Intermediate |
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 | 1.75 | 1.82 | 1.92 | 1.99 | 2.09 | 2.16 | 2.26 |
| Camarilla | 1.98 | 2.00 | 2.01 | 2.03 | 2.05 | 2.06 | 2.08 |
| Woodie | 1.78 | 1.83 | 1.95 | 2.00 | 2.12 | 2.17 | 2.29 |
| Fibonacci | 1.82 | 1.88 | 1.92 | 1.99 | 2.05 | 2.09 | 2.16 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.59 | 1.67 | 1.81 | 1.89 | 2.03 | 2.11 | 2.25 |
| Camarilla | 1.88 | 1.90 | 1.92 | 1.94 | 1.96 | 1.98 | 2.00 |
| Woodie | 1.61 | 1.69 | 1.83 | 1.91 | 2.05 | 2.13 | 2.27 |
| Fibonacci | 1.67 | 1.76 | 1.81 | 1.89 | 1.98 | 2.03 | 2.11 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.91 | 1.41 | 1.73 | 2.23 | 2.55 | 3.05 | 3.37 |
| Camarilla | 1.82 | 1.89 | 1.97 | 2.04 | 2.12 | 2.19 | 2.27 |
| Woodie | 0.81 | 1.37 | 1.63 | 2.19 | 2.45 | 3.01 | 3.27 |
| Fibonacci | 1.41 | 1.73 | 1.92 | 2.23 | 2.55 | 2.74 | 3.05 |
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): | 75.48 | |
| MACD (12,26,9): | 0.0500 | |
| Directional Movement: | 38.54 | |
| AROON (14): | 42.86 | |
| DEMA (21): | 2.03 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.90 | |
| Elder Ray (13): | 0.18 | |
| Super Trend (3,10): | 1.94 | |
| Zig ZAG (10): | 2.25 | |
| VORTEX (21): | 1.2000 | |
| Stochastique (14,3,5): | 76.74 | |
| TEMA (21): | 2.10 | |
| Williams %R (14): | -23.90 | |
| Chande Momentum Oscillator (20): | 0.32 | |
| Repulse (5,40,3): | 8.4200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1400 | |
| Courbe Coppock: | 17.49 |
| MA7: | 1.97 | |
| MA20: | 2.04 | |
| MA50: | 2.00 | |
| MA100: | 2.15 | |
| MAexp7: | 2.07 | |
| MAexp20: | 1.97 | |
| MAexp50: | 1.95 | |
| MAexp100: | 1.99 | |
| Price / MA7: | +38.07% | |
| Price / MA20: | +33.33% | |
| Price / MA50: | +36.00% | |
| Price / MA100: | +26.51% | |
| Price / MAexp7: | +31.40% | |
| Price / MAexp20: | +38.07% | |
| Price / MAexp50: | +39.49% | |
| Price / MAexp100: | +36.68% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The last news published on XENETIC BIOSCIENCES INC. at the time of the generation of this analysis was as follows:
-
“The Buzz” Show: Xenetic Biosciences (NASDAQ: XBIO) Rises on Positive Clinical Trial Data
-
Xenetic Biosciences, Inc. - XBIO Stock Chart Technical Analysis for 12-09-2020
-
Xenetic Biosciences, Inc. - XBIO Stock Chart Technical Analysis for 07-20-2020
-
Xenetic Biosciences, Inc. - XBIO Stock Chart Technical Analysis for 05-19-2020
- Xenetic Biosciences, Inc. Announces Publication of Data from Partner's Phase 1/2 Study Evaluating Program Leveraging Polyxen(R) Platform Technology
This member declared not having a position on this financial instrument or a related financial instrument.
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