NUWELLIS INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	NUWE
ISIN:

NUWELLIS INC. - Daily - Technical analysis published on 08/25/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

72%

22%

My opinion

Bearish under 1.45 USD

My targets

0.96 USD (-24.65%)

0.64 USD (-49.37%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on NUWELLIS INC. as long as the price remains well below 1.45 USD. The sellers' bearish objective is set at 0.96 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.64 USD. In case of crossing, the next objective would be the support located at 0.06 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.

Force

8.2

Comment on the analysis

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 hervorragend. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The NUWELLIS INC. price is 1.27 USD. The price registered a decrease of -26.16% on the session and was between 1.20 USD and 1.40 USD. This implies that the price is at +5.83% from its lowest and at -9.29% from its highest.

1.20

1.40

1.27

The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.

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:

New LOW record (5 years)

Type : Bearish

Timeframe : Weekly

New LOW record (1 year)

Type : Bearish

Timeframe : Weekly

New LOW record (1st january)

Type : Bearish

Timeframe : Weekly

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

The Central Volumes scanner notes the presence of abnormal volumes:

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of this Daily chart of NUWELLIS INC. indicates that the overall trend is strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong 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.

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

RSI indicator is oversold : under 30

Type : Neutral

Timeframe : Daily

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is under support 3

Type : Neutral

Timeframe : Daily

The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	Price	R1	R2	R3
ProTrendLines	1.27	4.62	14.92	20.87
Change (%)	-	+263.78%	+1,074.80%	+1,543.31%
Change	-	+3.35	+13.65	+19.60
Level	-	Minor	Minor	Minor

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	0.98	1.09	1.18	1.29	1.38	1.49	1.58
Camarilla	1.22	1.23	1.25	1.27	1.29	1.31	1.33
Woodie	0.97	1.09	1.17	1.29	1.37	1.49	1.57
Fibonacci	1.09	1.17	1.21	1.29	1.37	1.41	1.49

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.09	0.64	0.96	1.51	1.83	2.38	2.70
Camarilla	1.03	1.11	1.19	1.27	1.35	1.43	1.51
Woodie	-0.04	0.58	0.84	1.45	1.71	2.32	2.58
Fibonacci	0.64	0.98	1.18	1.51	1.85	2.05	2.38

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	-2.13	0.06	1.45	3.64	5.03	7.22	8.61
Camarilla	1.85	2.17	2.50	2.83	3.16	3.49	3.82
Woodie	-2.54	-0.14	1.04	3.44	4.62	7.02	8.20
Fibonacci	0.06	1.43	2.28	3.64	5.01	5.86	7.22

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):	25.92
MACD (12,26,9):	-0.6400
Directional Movement:	-10.83
AROON (14):	-85.71
DEMA (21):	1.49
Parabolic SAR (0,02-0,02-0,2):	2.70
Elder Ray (13):	-0.76
Super Trend (3,10):	2.46
Zig ZAG (10):	1.31
VORTEX (21):	0.8800
Stochastique (14,3,5):	3.45
TEMA (21):	1.61
Williams %R (14):	-93.43
Chande Momentum Oscillator (20):	-1.38
Repulse (5,40,3):	-14.9000
ROCnROLL:	2
TRIX (15,9):	-2.6300
Courbe Coppock:	65.95

MA7:	1.81
MA20:	2.35
MA50:	3.85
MA100:	6.56
MAexp7:	1.80
MAexp20:	2.37
MAexp50:	3.95
MAexp100:	7.34
Price / MA7:	-29.83%
Price / MA20:	-45.96%
Price / MA50:	-67.01%
Price / MA100:	-80.64%
Price / MAexp7:	-29.44%
Price / MAexp20:	-46.41%
Price / MAexp50:	-67.85%
Price / MAexp100:	-82.70%

Quotes : - 15 min delayed data - NASDAQ Stocks

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

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