PHAXIAM TX - 1H - Technical analysis published on 10/04/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
33%
28%
39%
My opinion
Bullish above 4.600 EUR
My targets
4.970 EUR (+3.76%)
5.156 EUR (+7.64%)
My analysis
PHAXIAM TX 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 4.600 EUR. The next resistance located at 4.970 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 5.156 EUR. After this resistance, buyers could then target 5.450 EUR.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
3.4
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Additional analysis
Quotes
The PHAXIAM TX rating is 4.790 EUR. On the day, this instrument gained +2.35% and was between 4.625 EUR and 5.000 EUR. This implies that the price is at +3.57% from its lowest and at -4.20% from its highest.4.625
5.000
4.790
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
Here is a more detailed summary of the historical variations registered by PHAXIAM TX:
Technical
Technical analysis of this 1H chart of PHAXIAM TX indicates that the overall trend is bullish. The signals returned by the moving averages are 64.29% bullish. This bullish trend is reinforced 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.
On the 18 technical indicators analysed, 6 are bullish, 7 are neutral and 5 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Resistance of channel is broken
Type : Bullish
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 | 4.075 | 4.394 | 4.600 | 4.790 | 4.970 | 5.156 | 5.450 |
| Change (%) | -14.93% | -8.27% | -3.97% | - | +3.76% | +7.64% | +13.78% |
| Change | -0.715 | -0.396 | -0.190 | - | +0.180 | +0.366 | +0.660 |
| Level | Major | Intermediate | Minor | - | Intermediate | Intermediate | 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 | 4.403 | 4.507 | 4.593 | 4.697 | 4.783 | 4.887 | 4.973 |
| Camarilla | 4.628 | 4.645 | 4.663 | 4.680 | 4.697 | 4.715 | 4.732 |
| Woodie | 4.395 | 4.503 | 4.585 | 4.693 | 4.775 | 4.883 | 4.965 |
| Fibonacci | 4.507 | 4.579 | 4.624 | 4.697 | 4.769 | 4.814 | 4.887 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.558 | 3.948 | 4.421 | 4.811 | 5.284 | 5.674 | 6.147 |
| Camarilla | 4.658 | 4.737 | 4.816 | 4.895 | 4.974 | 5.053 | 5.132 |
| Woodie | 3.601 | 3.969 | 4.464 | 4.832 | 5.327 | 5.695 | 6.190 |
| Fibonacci | 3.948 | 4.277 | 4.481 | 4.811 | 5.140 | 5.344 | 5.674 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.663 | 2.532 | 3.713 | 4.582 | 5.763 | 6.632 | 7.813 |
| Camarilla | 4.331 | 4.519 | 4.707 | 4.895 | 5.083 | 5.271 | 5.459 |
| Woodie | 1.820 | 2.610 | 3.870 | 4.660 | 5.920 | 6.710 | 7.970 |
| Fibonacci | 2.532 | 3.315 | 3.799 | 4.582 | 5.365 | 5.849 | 6.632 |
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): | 53.06 | |
| MACD (12,26,9): | -0.0180 | |
| Directional Movement: | 11.782 | |
| AROON (14): | 14.285 | |
| DEMA (21): | 4.714 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.993 | |
| Elder Ray (13): | 0.059 | |
| Super Trend (3,10): | 4.608 | |
| Zig ZAG (10): | 4.790 | |
| VORTEX (21): | 0.8230 | |
| Stochastique (14,3,5): | 47.01 | |
| TEMA (21): | 4.700 | |
| Williams %R (14): | -53.85 | |
| Chande Momentum Oscillator (20): | -0.010 | |
| Repulse (5,40,3): | -3.0110 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0900 | |
| Courbe Coppock: | 3.48 |
| MA7: | 4.668 | |
| MA20: | 4.547 | |
| MA50: | 4.733 | |
| MA100: | 6.252 | |
| MAexp7: | 4.735 | |
| MAexp20: | 4.739 | |
| MAexp50: | 4.753 | |
| MAexp100: | 4.734 | |
| Price / MA7: | +2.61% | |
| Price / MA20: | +5.34% | |
| Price / MA50: | +1.20% | |
| Price / MA100: | -23.38% | |
| Price / MAexp7: | +1.16% | |
| Price / MAexp20: | +1.08% | |
| Price / MAexp50: | +0.78% | |
| Price / MAexp100: | +1.18% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
Don't forget to follow the news on PHAXIAM TX. At the time of publication of this analysis, the latest news was as follows:
- Monthly information related to total number of voting rights and shares composing the share capital _July 31, 2023
- Phaxiam Therapeutics announces its new mnemonic code on Euronext and Nasdaq: PHXM
- ERYTECH and PHERECYDES announce merger and name change to PHAXIAM Therapeutics
- ERYTECH announces the approval of the merger with Pherecydes and reports the results of the Combined Shareholder’s Meeting held on June 23, 2023
- ERYTECH announces that Akkadian has initiated proceedings to postpone the vote on the merger with Pherecydes
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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