XENETIC BIOSCIENCES INC. - 15 min. - Technical analysis published on 07/13/2021 (GMT)
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- Timeframe : 15 min.
- - 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:
Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 2.55 USD
My targets
2.72 USD (+0.37%)
3.05 USD (+12.66%)
My analysis
The bullish trend is currently very strong on XENETIC BIOSCIENCES INC.. As long as the price remains above the support at 2.55 USD, you could try to benefit from the boom. The first bullish objective is located at 2.72 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 3.05 USD as an objective. Crossing it would then enable buyers to target 3.17 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
0
10
8.6
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This analysis was given by aba0550. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The XENETIC BIOSCIENCES INC. rating is 2.71 USD. The price registered an increase of +33.50% on the session with the lowest point at 1.99 USD and the highest point at 3.14 USD. The deviation from the price is +36.18% for the low point and -13.69% for the high point.1.99
3.14
2.71
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this 15 min. chart of XENETIC BIOSCIENCES INC. indicates that the overall trend is strongly bullish. 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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 80
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:
White gravestone / inverted hammer
Type : Neutral
Timeframe : 15 minutes
Long black line
Type : Bearish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2.02 | 2.20 | 2.45 | 2.71 | 2.72 | 3.17 | 3.50 |
| Change (%) | -25.46% | -18.82% | -9.59% | - | +0.37% | +16.97% | +29.15% |
| Change | -0.69 | -0.51 | -0.26 | - | +0.01 | +0.46 | +0.79 |
| 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): | 72.16 | |
| MACD (12,26,9): | 0.0600 | |
| Directional Movement: | 38.40 | |
| AROON (14): | 85.71 | |
| DEMA (21): | 2.10 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.08 | |
| Elder Ray (13): | 0.15 | |
| Super Trend (3,10): | 2.03 | |
| Zig ZAG (10): | 2.27 | |
| VORTEX (21): | 1.1800 | |
| Stochastique (14,3,5): | 72.03 | |
| TEMA (21): | 2.18 | |
| Williams %R (14): | -26.81 | |
| Chande Momentum Oscillator (20): | 0.30 | |
| Repulse (5,40,3): | -0.3900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.3700 | |
| Courbe Coppock: | 25.13 |
| MA7: | 1.97 | |
| MA20: | 2.04 | |
| MA50: | 2.00 | |
| MA100: | 2.15 | |
| MAexp7: | 2.17 | |
| MAexp20: | 2.03 | |
| MAexp50: | 1.96 | |
| MAexp100: | 1.94 | |
| Price / MA7: | +37.56% | |
| Price / MA20: | +32.84% | |
| Price / MA50: | +35.50% | |
| Price / MA100: | +26.05% | |
| Price / MAexp7: | +24.88% | |
| Price / MAexp20: | +33.50% | |
| Price / MAexp50: | +38.27% | |
| Price / MAexp100: | +39.69% |
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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