BIOERA

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	BIE
ISIN:	IT0005516130

BIOERA - Daily - Technical analysis published on 04/19/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

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BIOERA Chart

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

44%

28%

My opinion

Bearish under 0.1720 EUR

My targets

0.1077 EUR (-11.02%)

0.0946 EUR (-21.84%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on BIOERA as long as the price remains well below 0.1720 EUR. The sellers' bearish objective is set at 0.1077 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.0946 EUR. In case of crossing, the next objective would be the support located at 0.0531 EUR. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

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

Force

5.5

Comment on the analysis

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 Londinia.

Additional analysis

Quotes

BIOERA rating 0.1210 EUR. On the day, this instrument gained +9.01% and was traded between 0.1110 EUR and 0.1210 EUR over the period. The price is currently at +9.01% from its lowest and 0% from its highest.

0.1110

0.1210

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by BIOERA:

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of this Daily chart of BIOERA indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily

In fact, of the 18 technical indicators analysed by Central Analyzer, 8 are bullish, 5 are neutral and 5 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily

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

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	Price	R1	R2	R3
ProTrendLines	0.1210	0.1930	0.4019	0.5800
Change (%)	-	+59.50%	+232.15%	+379.34%
Change	-	+0.0720	+0.2809	+0.4590
Level	-	Minor	Minor	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.0957	0.1003	0.1057	0.1103	0.1157	0.1203	0.1257
Camarilla	0.1083	0.1092	0.1101	0.1110	0.1119	0.1128	0.1138
Woodie	0.0960	0.1005	0.1060	0.1105	0.1160	0.1205	0.1260
Fibonacci	0.1003	0.1042	0.1065	0.1103	0.1142	0.1165	0.1203

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.0778	0.0847	0.0893	0.0962	0.1008	0.1077	0.1123
Camarilla	0.0908	0.0919	0.0930	0.0940	0.0951	0.0961	0.0972
Woodie	0.0768	0.0841	0.0883	0.0956	0.0998	0.1071	0.1113
Fibonacci	0.0847	0.0891	0.0918	0.0962	0.1006	0.1033	0.1077

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	-0.0243	0.0531	0.0946	0.1720	0.2135	0.2909	0.3324
Camarilla	0.1033	0.1142	0.1251	0.1360	0.1469	0.1578	0.1687
Woodie	-0.0424	0.0441	0.0766	0.1630	0.1955	0.2819	0.3144
Fibonacci	0.0531	0.0986	0.1266	0.1720	0.2175	0.2455	0.2909

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):	33.54
MACD (12,26,9):	-0.0294
Directional Movement:	-22.0677
AROON (14):	-71.4286
DEMA (21):	0.0929
Parabolic SAR (0,02-0,02-0,2):	0.0920
Elder Ray (13):	-0.0045
Super Trend (3,10):	0.1281
Zig ZAG (10):	0.1210
VORTEX (21):	0.6411
Stochastique (14,3,5):	34.59
TEMA (21):	0.0975
Williams %R (14):	-47.79
Chande Momentum Oscillator (20):	-0.0192
Repulse (5,40,3):	16.8524
ROCnROLL:	-1
TRIX (15,9):	-2.5099
Courbe Coppock:	66.71

MA7:	0.1049
MA20:	0.1344
MA50:	0.2058
MA100:	0.3129
MAexp7:	0.1121
MAexp20:	0.1347
MAexp50:	0.2031
MAexp100:	0.3117
Price / MA7:	+15.35%
Price / MA20:	-9.97%
Price / MA50:	-41.21%
Price / MA100:	-61.33%
Price / MAexp7:	+7.94%
Price / MAexp20:	-10.17%
Price / MAexp50:	-40.42%
Price / MAexp100:	-61.18%

Quotes : - 15 min delayed data - Italy Stocks

News

The latest news and videos published on BIOERA at the time of the analysis were as follows:

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

About author

Londinia AI

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