RELIEF THERAPEUTICS N
RELIEF THERAPEUTICS N
- CHF (-)
- 15 min delayed data - Switzerland SWX Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: RLF
ISIN: CH1251125998

RELIEF THERAPEUTICS N - Weekly - Technical analysis published on 02/20/2023 (GMT)

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  • Timeframe : Weekly
  • - Analysis generated on
  • Status : TARGET REACHED

A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
17%
67%
17%
My opinion
Bearish under 0.0270 CHF
My targets
0.0219 CHF (-7.98%)
My analysis
RELIEF THERAPEUTICS N is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.0270 CHF. The next support located at 0.0219 CHF is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
7.7

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 smich71. Take part yourself by sharing additional analysis on another time unit:
1H Daily

Additional analysis

Quotes

RELIEF THERAPEUTICS N rating 0.0238 CHF. The price registered a decrease of -1.65% over 5 days and was traded between 0.0232 CHF and 0.0262 CHF over the period. The price is currently at +2.59% from its lowest point and -9.16% from its highest point.

0.0232
0.0262
0.0238

A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.

Central Gaps

Opening Gap DOWN

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this Weekly chart of RELIEF THERAPEUTICS N indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The probability of a further decline is moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Weekly


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Weekly

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S1
R1
R2
R3
Price


S1PriceR1R2R3
ProTrendLines 0.0219 0.0238 0.1080 0.2300 0.5200
Change (%) -7.98% - +353.78% +866.39% +2,084.87%
Change -0.0019 - +0.0842 +0.2062 +0.4962
Level Major - Minor Intermediate Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.02300.02380.02450.02530.02600.02680.0275
Camarilla0.02470.02480.02500.02510.02520.02540.0255
Woodie0.02290.02380.02440.02530.02590.02680.0274
Fibonacci0.02380.02440.02480.02530.02590.02630.0268


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.02210.02320.02410.02520.02610.02720.0281
Camarilla0.02460.02470.02490.02510.02530.02550.0257
Woodie0.02210.02320.02410.02520.02610.02720.0281
Fibonacci0.02320.02390.02440.02520.02590.02640.0272


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.02500.02700.02800.03000.03100.03300.0340
Camarilla0.02820.02850.02870.02900.02930.02960.0298
Woodie0.02450.02680.02750.02980.03050.03280.0335
Fibonacci0.02700.02820.02890.03000.03120.03190.0330

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): 33.02
MACD (12,26,9): -0.0031
Directional Movement: -9.9385
AROON (14): -85.7143
DEMA (21): 0.0245
Parabolic SAR (0,02-0,02-0,2): 0.0329
Elder Ray (13): -0.0035
Super Trend (3,10): 0.0329
Zig ZAG (10): 0.0237
VORTEX (21): 0.9775
Stochastique (14,3,5): 23.04
TEMA (21): 0.0283
Williams %R (14): -84.21
Chande Momentum Oscillator (20): -0.0057
Repulse (5,40,3): -12.5201
ROCnROLL: 2
TRIX (15,9): -1.1992
Courbe Coppock: 10.08
MA7: 0.0248
MA20: 0.0274
MA50: 0.0288
MA100: 0.0287
MAexp7: 0.0266
MAexp20: 0.0290
MAexp50: 0.0449
MAexp100: 0.0767
Price / MA7: -4.03%
Price / MA20: -13.14%
Price / MA50: -17.36%
Price / MA100: -17.07%
Price / MAexp7: -10.53%
Price / MAexp20: -17.93%
Price / MAexp50: -46.99%
Price / MAexp100: -68.97%

Quotes : - 15 min delayed data - Switzerland SWX Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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