CROSSJECT - 1H - Technical analysis published on 04/03/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 2.177 EUR
My targets
1.708 EUR (-18.28%)
1.107 EUR (-47.03%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on CROSSJECT as long as the price remains well below 2.177 EUR. The sellers' bearish objective is set at 1.708 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.107 EUR. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
7.1
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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 2.090 EUR. On the day, this instrument lost -33.65% and was traded between 1.828 EUR and 2.400 EUR over the period. The price is currently at +14.33% from its lowest and -12.92% from its highest.1.828
2.400
2.090
The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by CROSSJECT:
New LOW record (1 year)
Type : Bearish
Timeframe : Weekly
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of CROSSJECT in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
On the 18 technical indicators analysed, 4 are bullish, 4 are neutral and 10 are bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
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
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 1.107 | 1.708 | 2.090 | 2.177 | 2.510 | 3.010 |
| Change (%) | -47.03% | -18.28% | - | +4.16% | +20.10% | +44.02% |
| Change | -0.983 | -0.382 | - | +0.087 | +0.420 | +0.920 |
| Level | Intermediate | Intermediate | - | Minor | Intermediate | Intermediate |
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 | 2.877 | 2.943 | 3.047 | 3.113 | 3.217 | 3.283 | 3.387 |
| Camarilla | 3.103 | 3.119 | 3.134 | 3.150 | 3.166 | 3.181 | 3.197 |
| Woodie | 2.895 | 2.953 | 3.065 | 3.123 | 3.235 | 3.293 | 3.405 |
| Fibonacci | 2.943 | 3.008 | 3.048 | 3.113 | 3.178 | 3.218 | 3.283 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.490 | 2.750 | 2.950 | 3.210 | 3.410 | 3.670 | 3.870 |
| Camarilla | 3.024 | 3.066 | 3.108 | 3.150 | 3.192 | 3.234 | 3.277 |
| Woodie | 2.460 | 2.735 | 2.920 | 3.195 | 3.380 | 3.655 | 3.840 |
| Fibonacci | 2.750 | 2.926 | 3.034 | 3.210 | 3.386 | 3.494 | 3.670 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.183 | 2.597 | 2.873 | 3.287 | 3.563 | 3.977 | 4.253 |
| Camarilla | 2.960 | 3.024 | 3.087 | 3.150 | 3.213 | 3.277 | 3.340 |
| Woodie | 2.115 | 2.563 | 2.805 | 3.253 | 3.495 | 3.943 | 4.185 |
| Fibonacci | 2.597 | 2.860 | 3.023 | 3.287 | 3.550 | 3.713 | 3.977 |
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): | 24.26 | |
| MACD (12,26,9): | -0.2980 | |
| Directional Movement: | -41.348 | |
| AROON (14): | -28.571 | |
| DEMA (21): | 2.186 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.980 | |
| Elder Ray (13): | -0.296 | |
| Super Trend (3,10): | 2.515 | |
| Zig ZAG (10): | 2.095 | |
| VORTEX (21): | 0.9300 | |
| Stochastique (14,3,5): | 17.18 | |
| TEMA (21): | 2.010 | |
| Williams %R (14): | -80.25 | |
| Chande Momentum Oscillator (20): | -1.075 | |
| Repulse (5,40,3): | 1.1130 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -1.0670 | |
| Courbe Coppock: | 61.01 |
| MA7: | 3.085 | |
| MA20: | 3.281 | |
| MA50: | 3.952 | |
| MA100: | 4.330 | |
| MAexp7: | 2.189 | |
| MAexp20: | 2.541 | |
| MAexp50: | 2.887 | |
| MAexp100: | 3.097 | |
| Price / MA7: | -32.25% | |
| Price / MA20: | -36.30% | |
| Price / MA50: | -47.12% | |
| Price / MA100: | -51.73% | |
| Price / MAexp7: | -4.52% | |
| Price / MAexp20: | -17.75% | |
| Price / MAexp50: | -27.61% | |
| Price / MAexp100: | -32.52% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
The latest news and videos published on CROSSJECT at the time of the analysis were as follows:
- Crossject trading on Euronext to resume as usual on Wednesday April 3
- Crossject advances in its U.S. Strategy and reports Financial Results for 2023
- Crossject gender equality score reaches 96/100 in 2024
- 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
This member declared not having a position on this financial instrument or a related financial instrument.
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