ABEONA THERAPEUTICS INC. - Daily - Technical analysis published on 09/18/2019 (GMT)
- 294
- 0
- Who voted?
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- 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
Court terme:
Bullish
De fond:
Bearish
Technical indicators
44%
6%
50%
My opinion
Bearish under 3.17 USD
My targets
2.21 USD (-24.32%)
1.54 USD (-47.26%)
My analysis
The basic trend is bearish on ABEONA THERAPEUTICS INC. and in the short term, the price is trying to rebound. For the time being, this is only a technical rebound and the basic trend is not threatened. To have the rebound confirmed, it would have at least to go back above the 3.17 USD. Buyers would then use the next resistance located at 6.31 USD as an objective. Crossing it would then enable buyers to target 8.30 USD. If there is a return to below the support located at 2.21 USD, this would be a sign of a reversal in the basic bearish trend.
Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
FORCE
0
10
0.2
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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ABEONA THERAPEUTICS INC. price is 2.92 USD. The price registered a decrease of -2.34% on the session and was between 2.82 USD and 3.06 USD. This implies that the price is at +3.55% from its lowest and at -4.58% from its highest.2.82
3.06
2.92
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this Daily chart of ABEONA THERAPEUTICS INC. indicates that the overall trend is bearish. 67.86% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently given by short-term moving averages show a possible weakening of the global trend. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
The Central Indicators scanner found this result concerning these indicators:
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 1.54 | 2.21 | 2.92 | 3.17 | 6.31 | 8.30 |
| Change (%) | -47.26% | -24.32% | - | +8.56% | +116.10% | +184.25% |
| Change | -1.38 | -0.71 | - | +0.25 | +3.39 | +5.38 |
| Level | Major | Major | - | Major | Major | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.76 | 2.82 | 2.90 | 2.96 | 3.04 | 3.10 | 3.18 |
| Camarilla | 2.95 | 2.96 | 2.98 | 2.99 | 3.00 | 3.02 | 3.03 |
| Woodie | 2.78 | 2.83 | 2.92 | 2.97 | 3.06 | 3.11 | 3.20 |
| Fibonacci | 2.82 | 2.87 | 2.90 | 2.96 | 3.01 | 3.04 | 3.10 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.17 | 2.48 | 2.72 | 3.03 | 3.27 | 3.58 | 3.82 |
| Camarilla | 2.82 | 2.87 | 2.92 | 2.97 | 3.02 | 3.07 | 3.12 |
| Woodie | 2.15 | 2.46 | 2.70 | 3.01 | 3.25 | 3.56 | 3.80 |
| Fibonacci | 2.48 | 2.69 | 2.82 | 3.03 | 3.24 | 3.37 | 3.58 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.20 | 0.65 | 1.10 | 1.95 | 2.39 | 3.24 | 3.69 |
| Camarilla | 1.18 | 1.30 | 1.42 | 1.54 | 1.66 | 1.78 | 1.90 |
| Woodie | -0.40 | 0.55 | 0.89 | 1.85 | 2.19 | 3.14 | 3.48 |
| Fibonacci | 0.65 | 1.15 | 1.45 | 1.95 | 2.44 | 2.75 | 3.24 |
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): | 54.89 | |
| MACD (12,26,9): | 0.1000 | |
| Directional Movement: | 12.89 | |
| AROON (14): | 28.57 | |
| DEMA (21): | 2.79 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.03 | |
| Elder Ray (13): | 0.11 | |
| Super Trend (3,10): | 2.17 | |
| Zig ZAG (10): | 2.92 | |
| VORTEX (21): | 1.0500 | |
| Stochastique (14,3,5): | 77.19 | |
| TEMA (21): | 3.16 | |
| Williams %R (14): | -24.93 | |
| Chande Momentum Oscillator (20): | 1.10 | |
| Repulse (5,40,3): | -3.9000 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 120.99 |
| MA7: | 3.05 | |
| MA20: | 2.51 | |
| MA50: | 2.87 | |
| MA100: | 4.49 | |
| MAexp7: | 2.96 | |
| MAexp20: | 2.74 | |
| MAexp50: | 3.12 | |
| MAexp100: | 4.17 | |
| Price / MA7: | -4.26% | |
| Price / MA20: | +16.33% | |
| Price / MA50: | +1.74% | |
| Price / MA100: | -34.97% | |
| Price / MAexp7: | -1.35% | |
| Price / MAexp20: | +6.57% | |
| Price / MAexp50: | -6.41% | |
| Price / MAexp100: | -29.98% |
News
Don"t forget to follow the news on ABEONA THERAPEUTICS INC.. At the time of publication of this analysis, the latest news was as follows:
- Abeona Therapeutics Announces Strategic Review
- Abeona Therapeutics Reports Second Quarter 2019 Financial Results and Business Updates
- Abeona Therapeutics Appoints Dr. Victor Paulus Senior Vice President of Regulatory Affairs
- Abeona Therapeutics Receives FDA Fast Track Designation for ABO-202 AAV9 Gene Therapy in CLN1 Disease
- Abeona Therapeutics Announces FDA Clearance of Investigational New Drug Application for ABO-202 Gene Therapy in CLN1 Disease
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis ABEONA THERAPEUTICS INC. - Daily