CROSSJECT - 1H - Technical analysis published on 02/27/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
67%
17%
My opinion
Bearish under 3.674 EUR
My targets
3.468 EUR (-3.93%)
3.250 EUR (-9.97%)
My analysis
CROSSJECT is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 3.674 EUR. The next support located at 3.468 EUR is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 3.250 EUR. Below this support, sellers could then target 2.510 EUR. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
7.3
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This analysis was given by pierrott. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
CROSSJECT rating 3.610 EUR. The price is lower by -12.80% since the last closing and was traded between 3.600 EUR and 4.050 EUR over the period. The price is currently at +0.28% from its lowest and -10.86% from its highest.3.600
4.050
3.610
A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of CROSSJECT in 1H shows a overall strongly bearish trend. The signals given by moving averages are 89.29% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The probability of a further decline is moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
CCI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is under support 3
Type : Neutral
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
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 | 2.510 | 3.250 | 3.468 | 3.610 | 3.674 | 4.006 | 4.260 |
| Change (%) | -30.47% | -9.97% | -3.93% | - | +1.77% | +10.97% | +18.01% |
| Change | -1.100 | -0.360 | -0.142 | - | +0.064 | +0.396 | +0.650 |
| Level | Intermediate | Minor | Major | - | Major | Minor | 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 | 3.853 | 3.957 | 4.048 | 4.152 | 4.243 | 4.347 | 4.438 |
| Camarilla | 4.086 | 4.104 | 4.122 | 4.140 | 4.158 | 4.176 | 4.194 |
| Woodie | 3.848 | 3.954 | 4.043 | 4.149 | 4.238 | 4.344 | 4.433 |
| Fibonacci | 3.957 | 4.031 | 4.077 | 4.152 | 4.226 | 4.272 | 4.347 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.402 | 3.578 | 3.917 | 4.093 | 4.432 | 4.608 | 4.947 |
| Camarilla | 4.113 | 4.161 | 4.208 | 4.255 | 4.302 | 4.349 | 4.397 |
| Woodie | 3.483 | 3.619 | 3.998 | 4.134 | 4.513 | 4.649 | 5.028 |
| Fibonacci | 3.578 | 3.775 | 3.897 | 4.093 | 4.290 | 4.412 | 4.608 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.280 | 3.970 | 4.580 | 5.270 | 5.880 | 6.570 | 7.180 |
| Camarilla | 4.833 | 4.952 | 5.071 | 5.190 | 5.309 | 5.428 | 5.548 |
| Woodie | 3.240 | 3.950 | 4.540 | 5.250 | 5.840 | 6.550 | 7.140 |
| Fibonacci | 3.970 | 4.467 | 4.773 | 5.270 | 5.767 | 6.073 | 6.570 |
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): | 37.05 | |
| MACD (12,26,9): | -0.0890 | |
| Directional Movement: | -25.258 | |
| AROON (14): | -92.857 | |
| DEMA (21): | 3.769 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.072 | |
| Elder Ray (13): | -0.179 | |
| Super Trend (3,10): | 3.968 | |
| Zig ZAG (10): | 3.650 | |
| VORTEX (21): | 0.8260 | |
| Stochastique (14,3,5): | 7.64 | |
| TEMA (21): | 3.678 | |
| Williams %R (14): | -91.38 | |
| Chande Momentum Oscillator (20): | -0.530 | |
| Repulse (5,40,3): | -2.1860 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1210 | |
| Courbe Coppock: | 21.67 |
| MA7: | 3.920 | |
| MA20: | 4.239 | |
| MA50: | 4.754 | |
| MA100: | 4.476 | |
| MAexp7: | 3.712 | |
| MAexp20: | 3.854 | |
| MAexp50: | 3.924 | |
| MAexp100: | 4.023 | |
| Price / MA7: | -7.91% | |
| Price / MA20: | -14.84% | |
| Price / MA50: | -24.06% | |
| Price / MA100: | -19.35% | |
| Price / MAexp7: | -2.75% | |
| Price / MAexp20: | -6.33% | |
| Price / MAexp50: | -8.00% | |
| Price / MAexp100: | -10.27% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
Don't forget to follow the news on CROSSJECT. At the time of publication of this analysis, the latest news was as follows:
- Crossject obtains a financing up to €12 million, in two tranches
- Crossject to host a business briefing on commercial strategy on February 6 at 17:30 CET
- Crossject to present at Biotech Showcase on January 9 at 16:30 PT
- Crossject engages Syneos Health for U.S. commercial launch of ZEPIZURE®
- Crossject signs ZEPIZURE® commercialization agreement for northern Europe
This member declared not having a position on this financial instrument or a related financial instrument.
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