PALISADE BIO INC.
PALISADE BIO INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: PALI
ISIN:

PALISADE BIO INC. - Daily - Technical analysis published on 03/31/2023 (GMT)

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  • Timeframe : Daily
  • - 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 bullish
Underlying: Neutral
Technical indicators
61%
11%
28%
My opinion
Bullish above 2.43 USD
My targets
2.80 USD (+5.66%)
3.26 USD (+23.02%)
My analysis
The current short-term bullish acceleration on PALISADE BIO INC. should quickly allow the basic trend to return to bullish. To avoid contradicting the short term, traders may prefer long positions (at the time of purchase) as long as the price remains well above 2.43 USD. Short-term buyers will use the resistance located at 2.80 USD as an objective. A bullish break in this resistance would boost the bullish momentum. The next bullish objective would then be set at 3.26 USD. Crossing this resistance would then open the door for buyers to target 5.25 USD. Caution, if there is a return to under 2.43 USD, it should not be forgotten that the basic trend is not yet clearly defined. Beware of against the trend sellers, many of whom will certainly benefit from this movement.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
2.7

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 aba0550. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The PALISADE BIO INC. price is 2.65 USD. On the day, this instrument gained +57.74% with the lowest point at 1.90 USD and the highest point at 2.91 USD. The deviation from the price is +39.47% for the low point and -8.93% for the high point.

1.90
2.91
2.65

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

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

New LOW record (5 years)

Type : Bearish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



The Central Volumes scanner notes the presence of abnormal volumes:

Central Volumes

Abnormal volumes

Timeframe : 5 days

Technical


A technical analysis in Daily of this PALISADE BIO INC. chart shows a neutral trend. This indecision could turn into a bullish trend due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily


Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily



The technical indicators are bullish. There is still some doubt about the price increase.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

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

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly


RSI indicator is back over 50

Type : Bullish

Timeframe : Daily


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily


Aroon indicator bullish trend

Type : Bullish

Timeframe : Daily


SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : Daily


Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily



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

The presence of these bullish Japanese candlestick patterns detected by Central Candlesticks that could cause a very short term rebound were also noted:

Central Candlesticks

Upside gap

Type : Bullish

Timeframe : Daily


Long white line

Type : Bullish

Timeframe : Daily




ProTrendLines
R1
R2
R3
Price


PriceR1R2R3
ProTrendLines 2.65 3.26 5.25 8.91
Change (%) - +23.02% +98.11% +236.23%
Change - +0.61 +2.60 +6.26
Level - Minor Minor Minor



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.051.482.062.493.073.504.08
Camarilla2.372.472.562.652.742.842.93
Woodie1.141.522.152.533.163.544.17
Fibonacci1.481.862.102.492.873.113.50


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.151.351.501.701.852.052.20
Camarilla1.541.581.611.641.671.701.74
Woodie1.121.341.471.691.822.042.17
Fibonacci1.351.491.571.701.841.922.05


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.781.421.792.432.803.443.81
Camarilla1.881.982.072.162.252.352.44
Woodie0.651.351.662.362.673.373.68
Fibonacci1.421.812.042.432.823.053.44

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): 67.86
MACD (12,26,9): -0.0900
Directional Movement: 32.73
AROON (14): 28.57
DEMA (21): 1.80
Parabolic SAR (0,02-0,02-0,2): 1.56
Elder Ray (13): 0.51
Super Trend (3,10): 1.64
Zig ZAG (10): 2.65
VORTEX (21): 0.8700
Stochastique (14,3,5): 34.98
TEMA (21): 1.84
Williams %R (14): -19.26
Chande Momentum Oscillator (20): 0.53
Repulse (5,40,3): 28.8300
ROCnROLL: 1
TRIX (15,9): -0.9700
Courbe Coppock: 20.15
MA7: 1.80
MA20: 1.92
MA50: 2.19
MA100: 2.66
MAexp7: 1.93
MAexp20: 1.95
MAexp50: 2.26
MAexp100: 3.90
Price / MA7: +47.22%
Price / MA20: +38.02%
Price / MA50: +21.00%
Price / MA100: -0.38%
Price / MAexp7: +37.31%
Price / MAexp20: +35.90%
Price / MAexp50: +17.26%
Price / MAexp100: -32.05%

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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