NYXOAH - 1H - Technical analysis published on 07/04/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Slightly bearish
Technical indicators
83%
0%
17%
My opinion
Bullish above 6.89 EUR
My targets
7.30 EUR (+4.29%)
7.59 EUR (+8.47%)
My analysis
The current short-term bullish trend is expected to quickly reset the neutral or bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for NYXOAH as long as the price remains well above 6.89 EUR. The buyers' bullish objective is set at 7.30 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 7.59 EUR. If there is any crossing, the next objective would be the resistance located at 8.10 EUR. As the basic trend is not clearly displayed, attention should be paid to the price reaction to the resistance at 7.30 EUR. On this resistance, against the trend traders who would like to go short on NYXOAH with a bearish signal from their trading strategy, should not hesitate to act.
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
3.4
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 price is 7.00 EUR. The price registered an increase of +4.17% on the session with the lowest point at 6.70 EUR and the highest point at 7.06 EUR. The deviation from the price is +4.48% for the low point and -0.85% for the high point.6.70
7.06
7.00
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by NYXOAH:
Technical
A technical analysis in 1H of this NYXOAH chart shows a slightly bearish trend. Only 53.57% of the signals given by moving averages are bearish. This slightly bearish trend could quickly be reversed due to the strong bullish signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 6.26 | 6.51 | 6.89 | 7.00 | 7.30 | 8.10 | 8.49 |
| Change (%) | -10.57% | -7.00% | -1.57% | - | +4.29% | +15.71% | +21.29% |
| Change | -0.74 | -0.49 | -0.11 | - | +0.30 | +1.10 | +1.49 |
| Level | Minor | Intermediate | Intermediate | - | Intermediate | Intermediate | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.42 | 6.56 | 6.78 | 6.92 | 7.14 | 7.28 | 7.50 |
| Camarilla | 6.90 | 6.93 | 6.97 | 7.00 | 7.03 | 7.07 | 7.10 |
| Woodie | 6.46 | 6.58 | 6.82 | 6.94 | 7.18 | 7.30 | 7.54 |
| Fibonacci | 6.56 | 6.70 | 6.78 | 6.92 | 7.06 | 7.14 | 7.28 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.07 | 5.17 | 5.83 | 6.93 | 7.59 | 8.69 | 9.35 |
| Camarilla | 6.02 | 6.18 | 6.34 | 6.50 | 6.66 | 6.82 | 6.98 |
| Woodie | 3.86 | 5.06 | 5.62 | 6.82 | 7.38 | 8.58 | 9.14 |
| Fibonacci | 5.17 | 5.84 | 6.25 | 6.93 | 7.60 | 8.01 | 8.69 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.09 | 4.67 | 5.59 | 7.17 | 8.09 | 9.67 | 10.59 |
| Camarilla | 5.81 | 6.04 | 6.27 | 6.50 | 6.73 | 6.96 | 7.19 |
| Woodie | 2.75 | 4.51 | 5.25 | 7.01 | 7.75 | 9.51 | 10.25 |
| Fibonacci | 4.67 | 5.63 | 6.22 | 7.17 | 8.13 | 8.72 | 9.67 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 57.57 | |
| MACD (12,26,9): | 0.0500 | |
| Directional Movement: | 6.80 | |
| AROON (14): | 100.00 | |
| DEMA (21): | 6.91 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.50 | |
| Elder Ray (13): | 0.14 | |
| Super Trend (3,10): | 6.67 | |
| Zig ZAG (10): | 7.00 | |
| VORTEX (21): | 0.9000 | |
| Stochastique (14,3,5): | 91.30 | |
| TEMA (21): | 7.00 | |
| Williams %R (14): | -15.00 | |
| Chande Momentum Oscillator (20): | 0.14 | |
| Repulse (5,40,3): | 0.0300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0700 | |
| Courbe Coppock: | 4.22 |
| MA7: | 6.83 | |
| MA20: | 7.55 | |
| MA50: | 8.35 | |
| MA100: | 10.38 | |
| MAexp7: | 6.94 | |
| MAexp20: | 6.86 | |
| MAexp50: | 6.91 | |
| MAexp100: | 7.15 | |
| Price / MA7: | +2.49% | |
| Price / MA20: | -7.28% | |
| Price / MA50: | -16.17% | |
| Price / MA100: | -32.56% | |
| Price / MAexp7: | +0.86% | |
| Price / MAexp20: | +2.04% | |
| Price / MAexp50: | +1.30% | |
| Price / MAexp100: | -2.10% |
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:
- EQS-News: Nyxoah Has Signed a €37.5 Million Loan Facility Agreement with the European Investment Bank
- Nyxoah Submits Fourth and Final Module in PMA Application for Genio to the US FDA
- Information on the total number of voting rights and shares
- Information on the total number of voting rights and shares
- Publication relating to transparency notifications
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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