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ORGANOVO HOLDINGS INC.
ORGANOVO HOLDINGS INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: ONVO
ISIN:

ORGANOVO HOLDINGS INC. - Daily - Technical analysis published on 12/21/2020 (GMT)

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

Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 13.19 USD
My targets
13.89 USD (+2.87%)
15.83 USD (+17.26%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on ORGANOVO HOLDINGS INC. as long as the price remains well above 13.19 USD. The buyers” bullish objective is set at 13.89 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 15.83 USD. If there is any crossing, the next objective would be the resistance located at 17.84 USD.

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
6.8

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.

savas
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15 min. 1H Weekly

Additional analysis

Quotes

The ORGANOVO HOLDINGS INC. rating is 13.50 USD. The price registered an increase of +31.32% on the session and was between 9.75 USD and 14.28 USD. This implies that the price is at +38.46% from its lowest and at -5.46% from its highest.

9.75
14.28
13.50

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:
Abnormal volumes on ORGANOVO HOLDINGS INC. were detected by the Central Volumes scanner:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of ORGANOVO HOLDINGS INC. in Daily shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : Daily


Bullish trend reversal : Moving Average 50

Type : Bullish

Timeframe : Daily


Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : Daily


Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : Daily


Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : Daily


Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily


Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily


Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily



Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily


RSI indicator is back over 50

Type : Bullish

Timeframe : Daily


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily


Aroon indicator bullish trend

Type : Bullish

Timeframe : Daily


Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Daily


SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : Daily


Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily


Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these bullish signals that could support the hypothesis of a small rebound in the very short term:

Central Candlesticks

White line without lower shadow

Type : Bullish

Timeframe : Daily


Upside gap

Type : Bullish

Timeframe : Daily


Long white line

Type : Bullish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 9.04 10.81 13.19 13.50 15.83 17.84 18.93
Change (%) -33.04% -19.93% -2.30% - +17.26% +32.15% +40.22%
Change -4.46 -2.69 -0.31 - +2.33 +4.34 +5.43
Level Major Minor Minor - 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
Standard5.476.878.579.9711.6713.0714.77
Camarilla9.439.7110.0010.2810.5610.8511.13
Woodie5.636.958.7310.0511.8313.1514.93
Fibonacci6.878.058.789.9711.1511.8813.07


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3.425.237.759.5612.0813.8916.41
Camarilla9.099.499.8810.2810.6811.0711.47
Woodie3.795.418.129.7412.4514.0716.78
Fibonacci5.236.887.909.5611.2112.2313.89


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard5.486.947.759.2110.0211.4812.29
Camarilla7.938.138.348.558.768.979.17
Woodie5.156.787.429.059.6911.3211.96
Fibonacci6.947.818.359.2110.0810.6211.48

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): 81.13
MACD (12,26,9): 0.2700
Directional Movement: 39.71
AROON (14): 28.57
DEMA (21): 8.94
Parabolic SAR (0,02-0,02-0,2): 7.22
Elder Ray (13): 3.04
Super Trend (3,10): 8.43
Zig ZAG (10): 13.70
VORTEX (21): 1.0300
Stochastique (14,3,5): 70.61
TEMA (21): 9.42
Williams %R (14): -7.95
Chande Momentum Oscillator (20): 5.57
Repulse (5,40,3): 48.9000
ROCnROLL: 1
TRIX (15,9): -0.3700
Courbe Coppock: 14.41
MA7: 8.75
MA20: 8.46
MA50: 9.01
MA100: 9.13
MAexp7: 9.59
MAexp20: 8.78
MAexp50: 8.81
MAexp100: 9.14
Price / MA7: +54.29%
Price / MA20: +59.57%
Price / MA50: +49.83%
Price / MA100: +47.86%
Price / MAexp7: +40.77%
Price / MAexp20: +53.76%
Price / MAexp50: +53.23%
Price / MAexp100: +47.70%

Quotes : 2020-12-21 20:59:59 - 15 min delayed data - NASDAQ Stocks

News


Don"t forget to follow the news on ORGANOVO HOLDINGS 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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