XENETIC BIOSCIENCES INC. - Daily - Technical analysis published on 07/13/2021 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
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:
Bullish
Underlying:
Slightly bullish
Technical indicators
67%
17%
17%
My opinion
Bullish above 2.45 USD
My targets
3.05 USD (+12.66%)
3.17 USD (+16.97%)
My analysis
The bullish trend is truly tentative and does not seem to be supported in the short term. It is advisable to trade XENETIC BIOSCIENCES INC. with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 2.45 USD. The buyers' bullish objective is set at 3.05 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 3.17 USD. If there is any crossing, the next objective would be the resistance located at 3.50 USD. If there is a bearish break in the support located at 2.45 USD some indecision would arise.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
4.1
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Additional analysis
Quotes
XENETIC BIOSCIENCES INC. rating 2.71 USD. On the day, this instrument gained +33.50% and was between 1.99 USD and 3.14 USD. This implies that the price is at +36.18% from its lowest and at -13.69% from its highest.1.99
3.14
2.71
Here is a more detailed summary of the historical variations registered by XENETIC BIOSCIENCES INC.:
Technical
A technical analysis in Daily of this XENETIC BIOSCIENCES INC. chart shows a slightly bullish trend. 60.71% of the signals given by moving averages are bullish. The overall trend remains fragile, as do the slightly bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : Daily
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : Daily
An assessment of technical indicators shows a moderate bullish signal.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Horizontal resistance is broken
Type : Bullish
Timeframe : Daily
Resistance of triangle is broken
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.57 | 2.02 | 2.45 | 2.71 | 2.72 | 3.17 | 3.50 |
| Change (%) | -42.07% | -25.46% | -9.59% | - | +0.37% | +16.97% | +29.15% |
| Change | -1.14 | -0.69 | -0.26 | - | +0.01 | +0.46 | +0.79 |
| Level | Minor | Major | Intermediate | - | Intermediate | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 56.40 | |
| MACD (12,26,9): | -0.0200 | |
| Directional Movement: | 16.59 | |
| AROON (14): | 21.43 | |
| DEMA (21): | 2.01 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.77 | |
| Elder Ray (13): | 0.14 | |
| Super Trend (3,10): | 1.70 | |
| Zig ZAG (10): | 2.27 | |
| VORTEX (21): | 0.8800 | |
| Stochastique (14,3,5): | 65.64 | |
| TEMA (21): | 2.00 | |
| Williams %R (14): | -18.95 | |
| Chande Momentum Oscillator (20): | 0.16 | |
| Repulse (5,40,3): | 15.4800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.1200 | |
| Courbe Coppock: | 10.55 |
| MA7: | 1.97 | |
| MA20: | 2.04 | |
| MA50: | 2.00 | |
| MA100: | 2.15 | |
| MAexp7: | 2.02 | |
| MAexp20: | 2.03 | |
| MAexp50: | 2.05 | |
| MAexp100: | 2.06 | |
| Price / MA7: | +37.56% | |
| Price / MA20: | +32.84% | |
| Price / MA50: | +35.50% | |
| Price / MA100: | +26.05% | |
| Price / MAexp7: | +34.16% | |
| Price / MAexp20: | +33.50% | |
| Price / MAexp50: | +32.20% | |
| Price / MAexp100: | +31.55% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The latest news and videos published on XENETIC BIOSCIENCES INC. at the time of the analysis were 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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