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ARCADIA BIOSCIENCES INC.
ARCADIA BIOSCIENCES INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: RKDA
ISIN:

ARCADIA BIOSCIENCES INC. - Daily - Technical analysis published on 01/03/2024 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Bearish
Underlying: Strongly bearish
Technical indicators
28%
28%
44%
My opinion
Bearish under 3.24 USD
My targets
2.65 USD (-8.93%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on ARCADIA BIOSCIENCES INC. as long as the price remains well below 3.24 USD. The next bearish objective for sellers is set at 2.65 USD. A bearish break of this support would revive the bearish momentum. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
5.4

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.

nfkhamis
This analysis was given by nfkhamis. Take part yourself by sharing additional analysis on another time unit:
1H Weekly

Additional analysis

Quotes

The ARCADIA BIOSCIENCES INC. rating is 2.91 USD. The price is lower by -7.03% since the last closing and was traded between 2.67 USD and 3.11 USD over the period. The price is currently at +8.99% from its lowest and -6.43% from its highest.

2.67
3.11
2.91

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new LOW record (5 years)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


New LOW record (1 month)

Type : Bearish

Timeframe : Weekly



The Central Volumes scanner detects abnormal volumes on the asset:

Central Volumes

Abnormal volumes

Timeframe : 5 days

Technical


Technical analysis of ARCADIA BIOSCIENCES INC. in Daily shows a overall strongly bearish trend. The signals given by moving averages are 89.29% bearish. This strongly bearish trend seems to be slowing down given the slightly bearish signals being given by short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : Daily


Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : Daily



On the 18 technical indicators analysed, 5 are bullish, 8 are neutral and 5 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily


RSI indicator is back under 50

Type : Bearish

Timeframe : Daily


Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : Daily


Momentum indicator is back under 0

Type : Bearish

Timeframe : Daily



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Near support of triangle

Type : Bullish

Timeframe : Daily



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S1
R1
R2
R3
Price


S1PriceR1R2R3
ProTrendLines 2.65 2.91 5.43 6.41 7.87
Change (%) -8.93% - +86.60% +120.27% +170.45%
Change -0.26 - +2.52 +3.50 +4.96
Level Major - Intermediate Minor 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
Standard2.242.462.682.903.123.343.56
Camarilla2.792.832.872.912.952.993.03
Woodie2.252.462.692.903.133.343.57
Fibonacci2.462.632.732.903.073.173.34


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.392.042.593.243.794.444.99
Camarilla2.802.913.023.133.243.353.46
Woodie1.332.022.533.223.734.424.93
Fibonacci2.042.502.793.243.703.994.44


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.392.042.593.243.794.444.99
Camarilla2.802.913.023.133.243.353.46
Woodie1.332.022.533.223.734.424.93
Fibonacci2.042.502.793.243.703.994.44

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): 47.05
MACD (12,26,9): -0.0100
Directional Movement: 11.98
AROON (14): -14.29
DEMA (21): 2.99
Parabolic SAR (0,02-0,02-0,2): 3.90
Elder Ray (13): -0.12
Super Trend (3,10): 3.43
Zig ZAG (10): 2.91
VORTEX (21): 0.9500
Stochastique (14,3,5): 37.89
TEMA (21): 3.03
Williams %R (14): -80.49
Chande Momentum Oscillator (20): -0.02
Repulse (5,40,3): 1.4500
ROCnROLL: 2
TRIX (15,9): -0.1500
Courbe Coppock: 0.61
MA7: 3.03
MA20: 3.00
MA50: 3.12
MA100: 3.35
MAexp7: 3.03
MAexp20: 3.02
MAexp50: 3.12
MAexp100: 3.57
Price / MA7: -3.96%
Price / MA20: -3.00%
Price / MA50: -6.73%
Price / MA100: -13.13%
Price / MAexp7: -3.96%
Price / MAexp20: -3.64%
Price / MAexp50: -6.73%
Price / MAexp100: -18.49%

Quotes : - 15 min delayed data - NASDAQ Stocks

News


Don't forget to follow the news on ARCADIA BIOSCIENCES INC.. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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