PROTHENA CORP. - Daily - Technical analysis published on 09/12/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Slightly bearish
Technical indicators
89%
0%
11%
My opinion
Bullish above 8.81 USD
My targets
10.03 USD (+8.67%)
10.80 USD (+17.01%)
My analysis
The current short-term bullish trend is expected to quickly reset the neutral or bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for PROTHENA CORP. as long as the price remains well above 8.81 USD. The buyers” bullish objective is set at 10.03 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 10.80 USD. If there is any crossing, the next objective would be the resistance located at 11.41 USD. As the basic trend is not clearly displayed, attention should be paid to the price reaction to the resistance at 10.03 USD. On this resistance, against the trend traders who would like to go short on PROTHENA CORP. with a bearish signal from their trading strategy, should not hesitate to act.
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
3.2
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The PROTHENA CORP. rating is 9.23 USD. The price has increased by +4.29% since the last closing and was traded between 8.69 USD and 9.24 USD over the period. The price is currently at +6.21% from its lowest and -0.11% from its highest.8.69
9.24
9.23
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of PROTHENA CORP. in Daily shows an overall slightly bearish trend. 57.14% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages indicate that this slightly bearish trend could quickly be reversed. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : Daily
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 6.89 | 8.00 | 8.81 | 9.23 | 10.03 | 10.80 | 11.41 |
| Change (%) | -25.35% | -13.33% | -4.55% | - | +8.67% | +17.01% | +23.62% |
| Change | -2.34 | -1.23 | -0.42 | - | +0.80 | +1.57 | +2.18 |
| Level | Intermediate | Minor | Major | - | Intermediate | Minor | Minor |
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 | 8.07 | 8.24 | 8.55 | 8.72 | 9.03 | 9.20 | 9.51 |
| Camarilla | 8.72 | 8.76 | 8.81 | 8.85 | 8.89 | 8.94 | 8.98 |
| Woodie | 8.13 | 8.28 | 8.61 | 8.76 | 9.09 | 9.24 | 9.57 |
| Fibonacci | 8.24 | 8.43 | 8.54 | 8.72 | 8.91 | 9.02 | 9.20 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.93 | 7.44 | 8.15 | 8.66 | 9.37 | 9.88 | 10.59 |
| Camarilla | 8.54 | 8.65 | 8.76 | 8.87 | 8.98 | 9.09 | 9.21 |
| Woodie | 7.04 | 7.49 | 8.26 | 8.71 | 9.48 | 9.93 | 10.70 |
| Fibonacci | 7.44 | 7.90 | 8.19 | 8.66 | 9.12 | 9.41 | 9.88 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.84 | 5.28 | 6.84 | 8.28 | 9.84 | 11.28 | 12.84 |
| Camarilla | 7.59 | 7.86 | 8.14 | 8.41 | 8.69 | 8.96 | 9.24 |
| Woodie | 3.91 | 5.31 | 6.91 | 8.31 | 9.91 | 11.31 | 12.91 |
| Fibonacci | 5.28 | 6.42 | 7.13 | 8.28 | 9.42 | 10.13 | 11.28 |
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): | 57.80 | |
| MACD (12,26,9): | 0.0100 | |
| Directional Movement: | 9.49 | |
| AROON (14): | 78.57 | |
| DEMA (21): | 8.44 | |
| Parabolic SAR (0,02-0,02-0,2): | 7.12 | |
| Elder Ray (13): | 0.40 | |
| Super Trend (3,10): | 7.37 | |
| Zig ZAG (10): | 9.23 | |
| VORTEX (21): | 0.9400 | |
| Stochastique (14,3,5): | 87.26 | |
| TEMA (21): | 8.73 | |
| Williams %R (14): | -0.40 | |
| Chande Momentum Oscillator (20): | 2.34 | |
| Repulse (5,40,3): | 9.9200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.3200 | |
| Courbe Coppock: | 29.06 |
| MA7: | 8.63 | |
| MA20: | 8.17 | |
| MA50: | 9.01 | |
| MA100: | 9.47 | |
| MAexp7: | 8.75 | |
| MAexp20: | 8.53 | |
| MAexp50: | 8.88 | |
| MAexp100: | 9.54 | |
| Price / MA7: | +6.95% | |
| Price / MA20: | +12.97% | |
| Price / MA50: | +2.44% | |
| Price / MA100: | -2.53% | |
| Price / MAexp7: | +5.49% | |
| Price / MAexp20: | +8.21% | |
| Price / MAexp50: | +3.94% | |
| Price / MAexp100: | -3.25% |
News
The latest news and videos published on PROTHENA CORP. at the time of the analysis were as follows:
- Investor Alert: Kaplan Fox Announces Investigation Of Prothena Corporation plc
- SHAREHOLDER ALERT - Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Class Action Against Prothena Corporation plc (PRTA) & Lead Plaintiff Deadline - September 17, 2018
- SHAREHOLDER ALERT - Bronstein, Gewirtz & Grossman, LLC Notifies Investors With Losses in Excess of $2,000,000 of Class Action Against Prothena Corporation plc (PRTA) & Lead Plaintiff Deadline - July 16, 2018
- PRTA LOSS ALERT NOTICE: Rosen Law Firm Announces Filing of Securities Class Action Lawsuit Against Prothena Corporation plc - PRTA
- Scott+Scott Attorneys at Law LLP Reminds Investors of Securities Class Action Against Prothena Corporation plc (PRTA)
This member declared not having a position on this financial instrument or a related financial instrument.
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