BIOTALYS - Daily - Technical analysis published on 02/02/2024 (GMT)
- 106
- 0
- Timeframe : Daily
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bullish
Technical indicators
22%
50%
28%
My opinion
Neutral between 3.93 EUR and 4.36 EUR
My targets
-
My analysis
A slightly bullish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 4.36 EUR. The first support is located at 3.93 EUR. A very slight advantage is given by the slightly bullish basic trend so that the resistance is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This may be the case, for example, when the first resistance has been broken above or the first support has been broken below.
In the very short term, the neutral opinion of this analysis is confirmed by technical indicators which are also neutral.
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 BIOTALYS price is 4.19 EUR. The price has increased by +6.08% since the last closing and was traded between 3.95 EUR and 4.19 EUR over the period. The price is currently at +6.08% from its lowest and 0% from its highest.3.95
4.19
4.19
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this Daily chart of BIOTALYS indicates that the overall trend is slightly bullish. Only 53.57% of the signals given by moving averages are bullish. This slightly bullish trend could return to neutral given the neutral signals also given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:
Moving Average bullish crossovers : AMA50 & AMA100
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : Daily
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near support of channel
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.64 | 3.17 | 3.77 | 4.19 | 4.36 | 5.30 | 5.82 |
| Change (%) | -60.86% | -24.34% | -10.02% | - | +4.06% | +26.49% | +38.90% |
| Change | -2.55 | -1.02 | -0.42 | - | +0.17 | +1.11 | +1.63 |
| Level | Major | Major | 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 | 3.79 | 3.87 | 4.03 | 4.11 | 4.27 | 4.35 | 4.51 |
| Camarilla | 4.12 | 4.15 | 4.17 | 4.19 | 4.21 | 4.23 | 4.26 |
| Woodie | 3.83 | 3.89 | 4.07 | 4.13 | 4.31 | 4.37 | 4.55 |
| Fibonacci | 3.87 | 3.96 | 4.02 | 4.11 | 4.20 | 4.26 | 4.35 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.65 | 3.93 | 4.17 | 4.45 | 4.69 | 4.97 | 5.21 |
| Camarilla | 4.28 | 4.33 | 4.37 | 4.42 | 4.47 | 4.52 | 4.56 |
| Woodie | 3.64 | 3.92 | 4.16 | 4.44 | 4.68 | 4.96 | 5.20 |
| Fibonacci | 3.93 | 4.13 | 4.25 | 4.45 | 4.65 | 4.77 | 4.97 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.22 | 2.98 | 3.47 | 4.23 | 4.72 | 5.48 | 5.97 |
| Camarilla | 3.61 | 3.72 | 3.84 | 3.95 | 4.07 | 4.18 | 4.29 |
| Woodie | 2.08 | 2.91 | 3.33 | 4.16 | 4.58 | 5.41 | 5.83 |
| Fibonacci | 2.98 | 3.46 | 3.76 | 4.23 | 4.71 | 5.01 | 5.48 |
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): | 48.35 | |
| MACD (12,26,9): | 0.0400 | |
| Directional Movement: | -7.58 | |
| AROON (14): | -85.72 | |
| DEMA (21): | 4.43 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.57 | |
| Elder Ray (13): | -0.24 | |
| Super Trend (3,10): | 3.94 | |
| Zig ZAG (10): | 4.19 | |
| VORTEX (21): | 0.8200 | |
| Stochastique (14,3,5): | 27.80 | |
| TEMA (21): | 4.26 | |
| Williams %R (14): | -55.10 | |
| Chande Momentum Oscillator (20): | -0.17 | |
| Repulse (5,40,3): | 7.8000 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.5200 | |
| Courbe Coppock: | 10.64 |
| MA7: | 4.31 | |
| MA20: | 4.41 | |
| MA50: | 3.81 | |
| MA100: | 3.82 | |
| MAexp7: | 4.24 | |
| MAexp20: | 4.31 | |
| MAexp50: | 4.09 | |
| MAexp100: | 4.18 | |
| Price / MA7: | -2.78% | |
| Price / MA20: | -4.99% | |
| Price / MA50: | +9.97% | |
| Price / MA100: | +9.69% | |
| Price / MAexp7: | -1.18% | |
| Price / MAexp20: | -2.78% | |
| Price / MAexp50: | +2.44% | |
| Price / MAexp100: | +0.24% |
Quotes :
-
15 min delayed data
-
Euronext Bruxelles
News
Don't forget to follow the news on BIOTALYS. At the time of publication of this analysis, the latest news was as follows:
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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