NYXOAH - 1H - Technical analysis published on 04/29/2024 (GMT)
- 113
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
72%
11%
17%
My opinion
Bullish above 9.10 EUR
My targets
10.23 EUR (+4.36%)
10.85 EUR (+10.74%)
My analysis
The basic bullish trend is very strong on NYXOAH but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 9.10 EUR. Crossing the first resistance at 10.23 EUR would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 10.85 EUR as an objective. Crossing it would then enable buyers to target 11.15 EUR. Caution, a return to below 9.10 EUR would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
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
6.6
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The NYXOAH rating is 9.80 EUR. On the day, this instrument gained +2.08% and was traded between 9.68 EUR and 9.80 EUR over the period. The price is currently at +1.24% from its lowest and 0% from its highest.9.68
9.80
9.80
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 1H chart of NYXOAH indicates that the overall trend is strongly bullish. 82.14% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
In fact, 13 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near resistance of channel
Type : Bearish
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 | 5.56 | 7.65 | 8.70 | 9.80 | 11.15 | 12.70 | 14.00 |
| Change (%) | -43.27% | -21.94% | -11.22% | - | +13.78% | +29.59% | +42.86% |
| Change | -4.24 | -2.15 | -1.10 | - | +1.35 | +2.90 | +4.20 |
| Level | Minor | Major | Major | - | Intermediate | 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 | 8.78 | 9.00 | 9.30 | 9.52 | 9.82 | 10.04 | 10.34 |
| Camarilla | 9.46 | 9.51 | 9.55 | 9.60 | 9.65 | 9.70 | 9.74 |
| Woodie | 8.82 | 9.02 | 9.34 | 9.54 | 9.86 | 10.06 | 10.38 |
| Fibonacci | 9.00 | 9.20 | 9.32 | 9.52 | 9.72 | 9.84 | 10.04 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.97 | 8.59 | 9.10 | 9.72 | 10.23 | 10.85 | 11.36 |
| Camarilla | 9.29 | 9.39 | 9.50 | 9.60 | 9.70 | 9.81 | 9.91 |
| Woodie | 7.91 | 8.56 | 9.04 | 9.69 | 10.17 | 10.82 | 11.30 |
| Fibonacci | 8.59 | 9.03 | 9.29 | 9.72 | 10.16 | 10.42 | 10.85 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.23 | 7.97 | 10.13 | 13.87 | 16.03 | 19.77 | 21.93 |
| Camarilla | 10.68 | 11.22 | 11.76 | 12.30 | 12.84 | 13.38 | 13.92 |
| Woodie | 3.45 | 7.58 | 9.35 | 13.48 | 15.25 | 19.38 | 21.15 |
| Fibonacci | 7.97 | 10.22 | 11.61 | 13.87 | 16.12 | 17.51 | 19.77 |
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): | 55.99 | |
| MACD (12,26,9): | 0.0200 | |
| Directional Movement: | 4.54 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 9.64 | |
| Parabolic SAR (0,02-0,02-0,2): | 9.27 | |
| Elder Ray (13): | 0.12 | |
| Super Trend (3,10): | 9.85 | |
| Zig ZAG (10): | 9.80 | |
| VORTEX (21): | 0.7700 | |
| Stochastique (14,3,5): | 88.51 | |
| TEMA (21): | 9.60 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 0.46 | |
| Repulse (5,40,3): | 1.4100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 1.09 |
| MA7: | 9.66 | |
| MA20: | 9.88 | |
| MA50: | 12.29 | |
| MA100: | 9.19 | |
| MAexp7: | 9.65 | |
| MAexp20: | 9.62 | |
| MAexp50: | 9.55 | |
| MAexp100: | 9.75 | |
| Price / MA7: | +1.45% | |
| Price / MA20: | -0.81% | |
| Price / MA50: | -20.26% | |
| Price / MA100: | +6.64% | |
| Price / MAexp7: | +1.55% | |
| Price / MAexp20: | +1.87% | |
| Price / MAexp50: | +2.62% | |
| Price / MAexp100: | +0.51% |
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 Appoints Dr. Maurits S. Boon, MD as Chief Medical Officer
- Information on the total number of voting rights and shares
- 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®
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis NYXOAH - 1H