CROSSJECT - Daily - Technical analysis published on 08/23/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 2.092 EUR
My targets
2.296 EUR (+0.92%)
2.510 EUR (+10.33%)
My analysis
CROSSJECT is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 2.092 EUR. The next resistance located at 2.296 EUR is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 2.510 EUR. After this resistance, buyers could then target 3.584 EUR.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7.7
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
CROSSJECT rating 2.275 EUR. On the day, this instrument gained +7.06% and was traded between 2.140 EUR and 2.385 EUR over the period. The price is currently at +6.31% from its lowest and -4.61% from its highest.2.140
2.385
2.275
The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.
Opening Gap UP
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this CROSSJECT chart shows a bullish trend. The signals returned by the moving averages are 78.57% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish trend reversal : Moving Average 100
Type : Bullish
Timeframe : Daily
Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : Daily
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
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:
White line without lower shadow
Type : Bullish
Timeframe : Daily
Upside gap
Type : Bullish
Timeframe : Daily
Long white line
Type : Bullish
Timeframe : Daily
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 1.107 | 1.708 | 2.275 | 2.510 | 3.584 | 4.260 |
| Change (%) | -51.34% | -24.92% | - | +10.33% | +57.54% | +87.25% |
| Change | -1.168 | -0.567 | - | +0.235 | +1.309 | +1.985 |
| Level | Intermediate | Major | - | Major | Intermediate | 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 | 1.887 | 1.934 | 2.030 | 2.077 | 2.173 | 2.220 | 2.316 |
| Camarilla | 2.086 | 2.099 | 2.112 | 2.125 | 2.138 | 2.151 | 2.164 |
| Woodie | 1.911 | 1.946 | 2.054 | 2.089 | 2.197 | 2.232 | 2.340 |
| Fibonacci | 1.934 | 1.989 | 2.023 | 2.077 | 2.132 | 2.166 | 2.220 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.747 | 1.783 | 1.827 | 1.863 | 1.907 | 1.943 | 1.987 |
| Camarilla | 1.848 | 1.855 | 1.863 | 1.870 | 1.877 | 1.885 | 1.892 |
| Woodie | 1.750 | 1.785 | 1.830 | 1.865 | 1.910 | 1.945 | 1.990 |
| Fibonacci | 1.783 | 1.814 | 1.833 | 1.863 | 1.894 | 1.913 | 1.943 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.172 | 1.376 | 1.632 | 1.836 | 2.092 | 2.296 | 2.552 |
| Camarilla | 1.762 | 1.804 | 1.846 | 1.888 | 1.930 | 1.972 | 2.015 |
| Woodie | 1.198 | 1.389 | 1.658 | 1.849 | 2.118 | 2.309 | 2.578 |
| Fibonacci | 1.376 | 1.552 | 1.660 | 1.836 | 2.012 | 2.120 | 2.296 |
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): | 79.04 | |
| MACD (12,26,9): | 0.0690 | |
| Directional Movement: | 36.751 | |
| AROON (14): | 100.000 | |
| DEMA (21): | 2.017 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.796 | |
| Elder Ray (13): | 0.279 | |
| Super Trend (3,10): | 1.987 | |
| Zig ZAG (10): | 2.280 | |
| VORTEX (21): | 1.1750 | |
| Stochastique (14,3,5): | 88.01 | |
| TEMA (21): | 2.081 | |
| Williams %R (14): | -17.65 | |
| Chande Momentum Oscillator (20): | 0.430 | |
| Repulse (5,40,3): | 10.8270 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2290 | |
| Courbe Coppock: | 20.00 |
| MA7: | 2.016 | |
| MA20: | 1.910 | |
| MA50: | 1.827 | |
| MA100: | 1.931 | |
| MAexp7: | 2.056 | |
| MAexp20: | 1.944 | |
| MAexp50: | 1.928 | |
| MAexp100: | 2.175 | |
| Price / MA7: | +12.85% | |
| Price / MA20: | +19.11% | |
| Price / MA50: | +24.52% | |
| Price / MA100: | +17.81% | |
| Price / MAexp7: | +10.65% | |
| Price / MAexp20: | +17.03% | |
| Price / MAexp50: | +18.00% | |
| Price / MAexp100: | +4.60% |
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 to attend H.C. Wainwright 26th Annual Global Investment Conference
- Crossject is awarded a 6.9 million euros financing from the French Government, as part of the France 2030 innovation plan, to accelerate the development of ZENEO® Epinephrine
- Crossject appoints Dan Chiche, MD as Chief Medical Officer North America
- Crossject announces highly successful closing of its €8 million rights offering
- Crossject trading on Euronext to resume as usual on Wednesday April 3
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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