VALBIOTIS - 1H - Technical analysis published on 01/31/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
28%
67%
6%
My opinion
Bearish under 4.25 EUR
My targets
3.91 EUR (-4.63%)
3.85 EUR (-6.02%)
My analysis
The bearish trend is currently very strong for VALBIOTIS. As long as the price remains below the resistance at 4.25 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 3.91 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 3.85 EUR as an objective. Crossing it would then enable sellers to target 3.55 EUR. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
7.3
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Additional analysis
Quotes
The VALBIOTIS price is 4.10 EUR. The price is lower by -2.38% since the last closing with the lowest point at 4.05 EUR and the highest point at 4.24 EUR. The deviation from the price is +1.23% for the low point and -3.30% for the high point.4.05
4.24
4.10
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
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:
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of VALBIOTIS indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
On the 18 technical indicators analysed, 5 are bullish, 1 are neutral and 12 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
CCI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
RSI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
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 | 3.00 | 3.55 | 3.91 | 4.10 | 4.11 | 4.25 | 4.43 |
| Change (%) | -26.83% | -13.41% | -4.63% | - | +0.24% | +3.66% | +8.05% |
| Change | -1.10 | -0.55 | -0.19 | - | +0.01 | +0.15 | +0.33 |
| Level | Intermediate | Minor | Major | - | Intermediate | Minor | Major |
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 | 3.96 | 4.05 | 4.12 | 4.21 | 4.28 | 4.37 | 4.44 |
| Camarilla | 4.16 | 4.17 | 4.19 | 4.20 | 4.22 | 4.23 | 4.24 |
| Woodie | 3.96 | 4.05 | 4.12 | 4.21 | 4.28 | 4.37 | 4.44 |
| Fibonacci | 4.05 | 4.11 | 4.15 | 4.21 | 4.27 | 4.31 | 4.37 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.60 | 3.85 | 4.11 | 4.36 | 4.62 | 4.87 | 5.13 |
| Camarilla | 4.22 | 4.27 | 4.31 | 4.36 | 4.41 | 4.45 | 4.50 |
| Woodie | 3.60 | 3.85 | 4.11 | 4.36 | 4.62 | 4.87 | 5.13 |
| Fibonacci | 3.85 | 4.05 | 4.17 | 4.36 | 4.56 | 4.68 | 4.87 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.26 | 3.88 | 4.44 | 5.06 | 5.62 | 6.24 | 6.80 |
| Camarilla | 4.68 | 4.78 | 4.89 | 5.00 | 5.11 | 5.22 | 5.33 |
| Woodie | 3.23 | 3.87 | 4.41 | 5.05 | 5.59 | 6.23 | 6.77 |
| Fibonacci | 3.88 | 4.33 | 4.61 | 5.06 | 5.51 | 5.79 | 6.24 |
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): | 37.45 | |
| MACD (12,26,9): | -0.0600 | |
| Directional Movement: | -15.11 | |
| AROON (14): | -71.43 | |
| DEMA (21): | 4.12 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.27 | |
| Elder Ray (13): | -0.07 | |
| Super Trend (3,10): | 4.31 | |
| Zig ZAG (10): | 4.10 | |
| VORTEX (21): | 0.8100 | |
| Stochastique (14,3,5): | 25.30 | |
| TEMA (21): | 4.10 | |
| Williams %R (14): | -78.26 | |
| Chande Momentum Oscillator (20): | -0.12 | |
| Repulse (5,40,3): | 0.4200 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1700 | |
| Courbe Coppock: | 4.42 |
| MA7: | 4.29 | |
| MA20: | 4.60 | |
| MA50: | 4.92 | |
| MA100: | 5.33 | |
| MAexp7: | 4.13 | |
| MAexp20: | 4.19 | |
| MAexp50: | 4.28 | |
| MAexp100: | 4.40 | |
| Price / MA7: | -4.43% | |
| Price / MA20: | -10.87% | |
| Price / MA50: | -16.67% | |
| Price / MA100: | -23.08% | |
| Price / MAexp7: | -0.73% | |
| Price / MAexp20: | -2.15% | |
| Price / MAexp50: | -4.21% | |
| Price / MAexp100: | -6.82% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
Don't forget to follow the news on VALBIOTIS. At the time of publication of this analysis, the latest news was as follows:
- Valbiotis presents its 2024 financial communication calendar
- Valbiotis sets out its commercial and clinical roadmap for 2024
- Valbiotis announces the success of its €15 M capital increase
- Valbiotis announces the launch of a capital increase
- Valbiotis announces the availability of an amendment to the Universal Registration Document
This member declared not having a position on this financial instrument or a related financial instrument.
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