NYXOAH - Daily - Technical analysis published on 03/06/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
56%
6%
39%
My opinion
Bullish above 13.53 EUR
My targets
15.75 EUR (+12.50%)
16.34 EUR (+16.71%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on NYXOAH as long as the price remains well above 13.53 EUR. The buyers' bullish objective is set at 15.75 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 16.34 EUR. If there is any crossing, the next objective would be the resistance located at 18.42 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
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
The NYXOAH rating is 14.00 EUR. The price has increased by +4.87% since the last closing and was between 13.15 EUR and 14.40 EUR. This implies that the price is at +6.46% from its lowest and at -2.78% from its highest.13.15
14.40
14.00
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:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this Daily chart of NYXOAH indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The technical indicators are bullish. There is still some doubt about the price increase.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Williams %R indicator is back over -50
Type : Bullish
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 7.65 | 10.95 | 13.53 | 14.00 | 15.95 | 18.42 | 24.03 |
Change (%) | -45.36% | -21.79% | -3.36% | - | +13.93% | +31.57% | +71.64% |
Change | -6.35 | -3.05 | -0.47 | - | +1.95 | +4.42 | +10.03 |
Level | Intermediate | Intermediate | Intermediate | - | Major | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 12.05 | 12.60 | 13.30 | 13.85 | 14.55 | 15.10 | 15.80 |
Camarilla | 13.66 | 13.77 | 13.89 | 14.00 | 14.12 | 14.23 | 14.34 |
Woodie | 12.13 | 12.64 | 13.38 | 13.89 | 14.63 | 15.14 | 15.88 |
Fibonacci | 12.60 | 13.08 | 13.37 | 13.85 | 14.33 | 14.62 | 15.10 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 6.85 | 9.20 | 11.30 | 13.65 | 15.75 | 18.10 | 20.20 |
Camarilla | 12.18 | 12.58 | 12.99 | 13.40 | 13.81 | 14.22 | 14.62 |
Woodie | 6.73 | 9.14 | 11.18 | 13.59 | 15.63 | 18.04 | 20.08 |
Fibonacci | 9.20 | 10.90 | 11.95 | 13.65 | 15.35 | 16.40 | 18.10 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.10 | 4.74 | 8.72 | 12.36 | 16.34 | 19.98 | 23.96 |
Camarilla | 10.61 | 11.30 | 12.00 | 12.70 | 13.40 | 14.10 | 14.80 |
Woodie | 1.27 | 4.83 | 8.89 | 12.45 | 16.51 | 20.07 | 24.13 |
Fibonacci | 4.74 | 7.65 | 9.45 | 12.36 | 15.27 | 17.07 | 19.98 |
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): | 63.75 | |
MACD (12,26,9): | 1.5100 | |
Directional Movement: | 17.44 | |
AROON (14): | 57.14 | |
DEMA (21): | 14.40 | |
Parabolic SAR (0,02-0,02-0,2): | 12.20 | |
Elder Ray (13): | 0.74 | |
Super Trend (3,10): | 11.41 | |
Zig ZAG (10): | 14.00 | |
VORTEX (21): | 1.1300 | |
Stochastique (14,3,5): | 53.85 | |
TEMA (21): | 14.53 | |
Williams %R (14): | -38.83 | |
Chande Momentum Oscillator (20): | 2.40 | |
Repulse (5,40,3): | 5.1800 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 2.7100 | |
Courbe Coppock: | 53.46 |
MA7: | 13.49 | |
MA20: | 12.49 | |
MA50: | 8.41 | |
MA100: | 6.74 | |
MAexp7: | 13.50 | |
MAexp20: | 12.29 | |
MAexp50: | 9.70 | |
MAexp100: | 8.07 | |
Price / MA7: | +3.78% | |
Price / MA20: | +12.09% | |
Price / MA50: | +66.47% | |
Price / MA100: | +107.72% | |
Price / MAexp7: | +3.70% | |
Price / MAexp20: | +13.91% | |
Price / MAexp50: | +44.33% | |
Price / MAexp100: | +73.48% |
Quotes :
-
15 min delayed data
-
Euronext Bruxelles
News
The latest news and videos published on NYXOAH at the time of the analysis were as follows:
- Nyxoah to Participate in the Oppenheimer 34th Annual Healthcare MedTech & Services Conference
- Nyxoah Announces 2024 Strategic Priorities
- Nyxoah Announces Real World Case Series Demonstrating Positive Results in Treating CCC Patients with Genio®
- Nyxoah to Participate in the Piper Sandler 35th Annual Healthcare Conference
- Nyxoah Reports Third Quarter 2023 Financial and Operating Results
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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