NYXOAH - Daily - Technical analysis published on 07/19/2022 (GMT)
- 165
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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- Timeframe : Daily
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
67%
6%
28%
My opinion
Bearish under 11.00 EUR
My targets
8.03 EUR (-24.98%)
7.86 EUR (-26.54%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on NYXOAH. As long as you are under the resistance located at 11.00 EUR, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 8.03 EUR would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 7.86 EUR as an objective. If the resistance 11.00 EUR were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
1.3
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The NYXOAH rating is 10.70 EUR. The price has increased by +20.09% since the last closing with the lowest point at 9.74 EUR and the highest point at 10.70 EUR. The deviation from the price is +9.86% for the low point and 0% for the high point.9.74
10.70
10.70
The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.
Opening Gap UP
Type : Bullish
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 NYXOAH in Daily shows an overall bearish trend. 75.00% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : Daily
An assessment of technical indicators shows a moderate bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Daily
RSI indicator is back over 50
Type : Bullish
Timeframe : Daily
SuperTrend indicator bullish reversal
Type : Bullish
Timeframe : Daily
Momentum indicator is back over 0
Type : Bullish
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 7.86 | 10.70 | 11.00 | 13.47 | 16.94 |
| Change (%) | -26.54% | - | +2.80% | +25.89% | +58.32% |
| Change | -2.84 | - | +0.30 | +2.77 | +6.24 |
| Level | Intermediate | - | Minor | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8.48 | 8.70 | 8.80 | 9.02 | 9.12 | 9.34 | 9.44 |
| Camarilla | 8.82 | 8.85 | 8.88 | 8.91 | 8.94 | 8.97 | 9.00 |
| Woodie | 8.43 | 8.67 | 8.75 | 8.99 | 9.07 | 9.31 | 9.39 |
| Fibonacci | 8.70 | 8.82 | 8.89 | 9.02 | 9.14 | 9.21 | 9.34 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.70 | 7.06 | 7.89 | 9.25 | 10.08 | 11.44 | 12.27 |
| Camarilla | 8.13 | 8.33 | 8.53 | 8.73 | 8.93 | 9.13 | 9.33 |
| Woodie | 5.45 | 6.93 | 7.64 | 9.12 | 9.83 | 11.31 | 12.02 |
| Fibonacci | 7.06 | 7.89 | 8.41 | 9.25 | 10.08 | 10.60 | 11.44 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.51 | 6.35 | 8.03 | 10.87 | 12.55 | 15.39 | 17.07 |
| Camarilla | 8.46 | 8.87 | 9.29 | 9.70 | 10.11 | 10.53 | 10.94 |
| Woodie | 2.92 | 6.06 | 7.44 | 10.58 | 11.96 | 15.10 | 16.48 |
| Fibonacci | 6.35 | 8.08 | 9.15 | 10.87 | 12.60 | 13.67 | 15.39 |
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): | 57.61 | |
| MACD (12,26,9): | -0.6500 | |
| Directional Movement: | 12.76 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 8.46 | |
| Parabolic SAR (0,02-0,02-0,2): | 7.86 | |
| Elder Ray (13): | 1.05 | |
| Super Trend (3,10): | 7.56 | |
| Zig ZAG (10): | 10.70 | |
| VORTEX (21): | 0.8200 | |
| Stochastique (14,3,5): | 56.94 | |
| TEMA (21): | 8.72 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 1.66 | |
| Repulse (5,40,3): | 1.7600 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -1.2700 | |
| Courbe Coppock: | 18.69 |
| MA7: | 9.00 | |
| MA20: | 9.21 | |
| MA50: | 11.23 | |
| MA100: | 14.05 | |
| MAexp7: | 9.21 | |
| MAexp20: | 9.47 | |
| MAexp50: | 11.14 | |
| MAexp100: | 13.33 | |
| Price / MA7: | +18.89% | |
| Price / MA20: | +16.18% | |
| Price / MA50: | -4.72% | |
| Price / MA100: | -23.84% | |
| Price / MAexp7: | +16.18% | |
| Price / MAexp20: | +12.99% | |
| Price / MAexp50: | -3.95% | |
| Price / MAexp100: | -19.73% |
Quotes :
-
15 min delayed data
-
Euronext Bruxelles
News
The last news published on NYXOAH at the time of the generation of this analysis was as follows:
- Nyxoah Receives FDA IDE Approval to Initiate the ACCCESS Study of Genio® in Complete Concentric Collapse Patients
- Information on the total number of voting rights and shares
- Nyxoah Joins the Euronext Tech Leaders Initiative, Included in the Euronext Tech Leaders Index
- FDA Approves Genio® 2.1 For Use in DREAM U.S. IDE Pivotal Study
- Nyxoah Reports First Quarter 2022 Financial and Operating Results
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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