RELIEF THERAPEUTICS N - 1H - Technical analysis published on 10/25/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 6.36 CHF
My targets
6.90 CHF (+6.15%)
7.24 CHF (+11.38%)
My analysis
The bullish trend is currently very strong on RELIEF THERAPEUTICS N. As long as the price remains above the support at 6.36 CHF, you could try to benefit from the boom. The first bullish objective is located at 6.90 CHF. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 7.24 CHF as an objective. Crossing it would then enable buyers to target 43.20 CHF. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.6
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Additional analysis
Quotes
The RELIEF THERAPEUTICS N price is 6.50 CHF. On the day, this instrument gained +9.06% and was between 6.30 CHF and 6.78 CHF. This implies that the price is at +3.17% from its lowest and at -4.13% from its highest.6.30
6.78
6.50
Here is a more detailed summary of the historical variations registered by RELIEF THERAPEUTICS N:
Technical
Technical analysis of this 1H chart of RELIEF THERAPEUTICS N indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
In fact, 15 technical indicators on 18 studied are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
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 | 4.04 | 5.20 | 6.36 | 6.50 | 7.24 | 43.20 | 68.33 |
Change (%) | -37.85% | -20.00% | -2.15% | - | +11.38% | +564.62% | +951.23% |
Change | -2.46 | -1.30 | -0.14 | - | +0.74 | +36.70 | +61.83 |
Level | Minor | Major | Major | - | Intermediate | Minor | 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 | 5.17 | 5.33 | 5.65 | 5.81 | 6.13 | 6.29 | 6.61 |
Camarilla | 5.83 | 5.87 | 5.92 | 5.96 | 6.00 | 6.05 | 6.09 |
Woodie | 5.24 | 5.37 | 5.72 | 5.85 | 6.20 | 6.33 | 6.68 |
Fibonacci | 5.33 | 5.52 | 5.63 | 5.81 | 6.00 | 6.11 | 6.29 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 2.87 | 3.68 | 4.48 | 5.29 | 6.09 | 6.90 | 7.70 |
Camarilla | 4.84 | 4.99 | 5.13 | 5.28 | 5.43 | 5.58 | 5.72 |
Woodie | 2.87 | 3.68 | 4.48 | 5.29 | 6.09 | 6.90 | 7.70 |
Fibonacci | 3.68 | 4.30 | 4.68 | 5.29 | 5.91 | 6.29 | 6.90 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | -0.45 | 0.38 | 1.45 | 2.28 | 3.35 | 4.18 | 5.25 |
Camarilla | 2.01 | 2.18 | 2.36 | 2.53 | 2.70 | 2.88 | 3.05 |
Woodie | -0.32 | 0.44 | 1.58 | 2.34 | 3.48 | 4.24 | 5.38 |
Fibonacci | 0.38 | 1.10 | 1.55 | 2.28 | 3.00 | 3.45 | 4.18 |
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): | 68.13 | |
MACD (12,26,9): | 0.0600 | |
Directional Movement: | 29.41 | |
AROON (14): | 78.57 | |
DEMA (21): | 5.97 | |
Parabolic SAR (0,02-0,02-0,2): | 5.40 | |
Elder Ray (13): | 0.60 | |
Super Trend (3,10): | 5.81 | |
Zig ZAG (10): | 6.52 | |
VORTEX (21): | 0.8900 | |
Stochastique (14,3,5): | 76.59 | |
TEMA (21): | 5.97 | |
Williams %R (14): | -18.84 | |
Chande Momentum Oscillator (20): | 0.86 | |
Repulse (5,40,3): | -1.5900 | |
ROCnROLL: | 1 | |
TRIX (15,9): | -0.0200 | |
Courbe Coppock: | 4.27 |
MA7: | 5.79 | |
MA20: | 4.64 | |
MA50: | 2.97 | |
MA100: | 2.06 | |
MAexp7: | 6.04 | |
MAexp20: | 5.93 | |
MAexp50: | 5.79 | |
MAexp100: | 5.39 | |
Price / MA7: | +12.26% | |
Price / MA20: | +40.09% | |
Price / MA50: | +118.86% | |
Price / MA100: | +215.53% | |
Price / MAexp7: | +7.62% | |
Price / MAexp20: | +9.61% | |
Price / MAexp50: | +12.26% | |
Price / MAexp100: | +20.59% |
Quotes :
-
15 min delayed data
-
Switzerland SWX Stocks
News
The latest news and videos published on RELIEF THERAPEUTICS N at the time of the analysis were as follows:
- Relief Therapeutics Reports New Study Results for RLF-OD032 and Files Provisional Patents
- Relief Therapeutics Reports New Study Results for RLF-OD032 and Files Provisional Patents
- Relief Therapeutics Receives Notice of Allowance for European Patent Covering RLF-TD011 for Epidermolysis Bullosa Wound Treatment
- Relief Therapeutics Announces Promising Preliminary Results of RLF-TD011 Clinical Trial in Epidermolysis Bullosa
- Relief Therapeutics Announces Promising Preliminary Results of RLF-TD011 Clinical Trial in Epidermolysis Bullosa
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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