A2A - Daily - Technical analysis published on 12/10/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Bearish
Technical indicators
11%
67%
22%
My opinion
Bearish under 1.6498 EUR
My targets
1.5395 EUR (-4.94%)
1.4625 EUR (-9.69%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on A2A as long as the price remains well below 1.6498 EUR. The sellers” bearish objective is set at 1.5395 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.4625 EUR. In case of crossing, the next objective would be the support located at 1.4335 EUR.
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
5
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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 A2A rating is 1.6195 EUR. On the day, this instrument lost -1.07% and was traded between 1.6135 EUR and 1.6360 EUR over the period. The price is currently at +0.37% from its lowest and -1.01% from its highest.1.6135
1.6360
1.6195
The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.
Opening Gap DOWN
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 this Daily chart of A2A indicates that the overall trend is bearish. 64.29% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish trend reversal : Moving Average 50
Type : Bearish
Timeframe : Daily
The probability of a further decline is moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : Daily
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Horizontal resistance is broken
Type : Bullish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.4625 | 1.5395 | 1.5967 | 1.6195 | 1.6498 | 1.6789 | 1.7740 |
| Change (%) | -9.69% | -4.94% | -1.41% | - | +1.87% | +3.67% | +9.54% |
| Change | -0.1570 | -0.0800 | -0.0228 | - | +0.0303 | +0.0594 | +0.1545 |
| Level | Minor | Major | Major | - | Major | Major | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.6017 | 1.6143 | 1.6237 | 1.6363 | 1.6457 | 1.6583 | 1.6677 |
| Camarilla | 1.6270 | 1.6290 | 1.6310 | 1.6330 | 1.6350 | 1.6370 | 1.6391 |
| Woodie | 1.6000 | 1.6135 | 1.6220 | 1.6355 | 1.6440 | 1.6575 | 1.6660 |
| Fibonacci | 1.6143 | 1.6227 | 1.6279 | 1.6363 | 1.6447 | 1.6499 | 1.6583 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.6573 | 1.6792 | 1.6933 | 1.7152 | 1.7293 | 1.7512 | 1.7653 |
| Camarilla | 1.6976 | 1.7009 | 1.7042 | 1.7075 | 1.7108 | 1.7141 | 1.7174 |
| Woodie | 1.6535 | 1.6773 | 1.6895 | 1.7133 | 1.7255 | 1.7493 | 1.7615 |
| Fibonacci | 1.6792 | 1.6929 | 1.7014 | 1.7152 | 1.7289 | 1.7374 | 1.7512 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.5473 | 1.6242 | 1.6658 | 1.7427 | 1.7843 | 1.8612 | 1.9028 |
| Camarilla | 1.6749 | 1.6858 | 1.6966 | 1.7075 | 1.7184 | 1.7292 | 1.7401 |
| Woodie | 1.5298 | 1.6154 | 1.6483 | 1.7339 | 1.7668 | 1.8524 | 1.8853 |
| Fibonacci | 1.6242 | 1.6694 | 1.6974 | 1.7427 | 1.7879 | 1.8159 | 1.8612 |
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): | 30.61 | |
| MACD (12,26,9): | -0.0253 | |
| Directional Movement: | -20.7703 | |
| AROON (14): | -100.0000 | |
| DEMA (21): | 1.6714 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.6838 | |
| Elder Ray (13): | -0.0555 | |
| Super Trend (3,10): | 1.7088 | |
| Zig ZAG (10): | 1.6370 | |
| VORTEX (21): | 0.7453 | |
| Stochastique (14,3,5): | 10.01 | |
| TEMA (21): | 1.6372 | |
| Williams %R (14): | -84.16 | |
| Chande Momentum Oscillator (20): | -0.1120 | |
| Repulse (5,40,3): | -0.1155 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0914 | |
| Courbe Coppock: | 12.48 |
| MA7: | 1.6576 | |
| MA20: | 1.7177 | |
| MA50: | 1.7145 | |
| MA100: | 1.6590 | |
| MAexp7: | 1.6567 | |
| MAexp20: | 1.6964 | |
| MAexp50: | 1.6988 | |
| MAexp100: | 1.6669 | |
| Price / MA7: | -2.30% | |
| Price / MA20: | -5.72% | |
| Price / MA50: | -5.54% | |
| Price / MA100: | -2.38% | |
| Price / MAexp7: | -2.25% | |
| Price / MAexp20: | -4.53% | |
| Price / MAexp50: | -4.67% | |
| Price / MAexp100: | -2.84% |
News
Don"t forget to follow the news on A2A. At the time of publication of this analysis, the latest news was as follows:
- iTeos Therapeutics to Present New Preclinical Data from A2A Receptor Antagonist and Anti-TIGIT Antibody Programs at Molecular Medicine Tri-Conference
- iTeos Therapeutics SA: iTeos Therapeutics to Present Data for Novel A2A Receptor Antagonist at American Association for Cancer Research Annual Meeting
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This member declared not having a position on this financial instrument or a related financial instrument.
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