VALBIOTIS - 1H - Technical analysis published on 02/05/2024 (GMT)
- 106
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
39%
17%
44%
My opinion
Bearish under 4.22 EUR
My targets
3.91 EUR (-4.40%)
3.69 EUR (-9.78%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on VALBIOTIS. As long as you are under the resistance located at 4.22 EUR, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 3.91 EUR would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 3.69 EUR as an objective. Crossing it would then enable sellers to target 3.55 EUR. If the resistance 4.22 EUR were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
2.5
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 pierrott. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The VALBIOTIS rating is 4.09 EUR. The price registered a decrease of -0.49% on the session with the lowest point at 3.98 EUR and the highest point at 4.12 EUR. The deviation from the price is +2.76% for the low point and -0.73% for the high point.3.98
4.12
4.09
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by VALBIOTIS:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of VALBIOTIS in 1H shows an overall bearish trend. 75.00% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Other results related to technical indicators were also found by the Central Indicators scanner:
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Near support of channel
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3.55 | 3.91 | 4.08 | 4.09 | 4.22 | 4.43 | 4.94 |
| Change (%) | -13.20% | -4.40% | -0.24% | - | +3.18% | +8.31% | +20.78% |
| Change | -0.54 | -0.18 | -0.01 | - | +0.13 | +0.34 | +0.85 |
| Level | Minor | Major | Minor | - | Minor | Major | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.73 | 3.85 | 3.98 | 4.10 | 4.23 | 4.35 | 4.48 |
| Camarilla | 4.04 | 4.06 | 4.09 | 4.11 | 4.13 | 4.16 | 4.18 |
| Woodie | 3.74 | 3.85 | 3.99 | 4.10 | 4.24 | 4.35 | 4.49 |
| Fibonacci | 3.85 | 3.95 | 4.01 | 4.10 | 4.20 | 4.26 | 4.35 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.44 | 3.69 | 3.90 | 4.15 | 4.36 | 4.61 | 4.82 |
| Camarilla | 3.98 | 4.03 | 4.07 | 4.11 | 4.15 | 4.19 | 4.24 |
| Woodie | 3.42 | 3.68 | 3.88 | 4.14 | 4.34 | 4.60 | 4.80 |
| Fibonacci | 3.69 | 3.87 | 3.97 | 4.15 | 4.33 | 4.43 | 4.61 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.21 | 3.08 | 3.56 | 4.43 | 4.91 | 5.78 | 6.26 |
| Camarilla | 3.67 | 3.79 | 3.92 | 4.04 | 4.16 | 4.29 | 4.41 |
| Woodie | 2.02 | 2.98 | 3.37 | 4.33 | 4.72 | 5.68 | 6.07 |
| Fibonacci | 3.08 | 3.60 | 3.91 | 4.43 | 4.95 | 5.26 | 5.78 |
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): | 48.90 | |
| MACD (12,26,9): | -0.0100 | |
| Directional Movement: | 2.14 | |
| AROON (14): | 21.43 | |
| DEMA (21): | 4.07 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.19 | |
| Elder Ray (13): | 0.01 | |
| Super Trend (3,10): | 4.23 | |
| Zig ZAG (10): | 4.09 | |
| VORTEX (21): | 1.0600 | |
| Stochastique (14,3,5): | 52.61 | |
| TEMA (21): | 4.10 | |
| Williams %R (14): | -54.17 | |
| Chande Momentum Oscillator (20): | -0.01 | |
| Repulse (5,40,3): | 1.0500 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0500 | |
| Courbe Coppock: | 2.43 |
| MA7: | 4.15 | |
| MA20: | 4.45 | |
| MA50: | 4.81 | |
| MA100: | 5.33 | |
| MAexp7: | 4.09 | |
| MAexp20: | 4.08 | |
| MAexp50: | 4.14 | |
| MAexp100: | 4.26 | |
| Price / MA7: | -1.45% | |
| Price / MA20: | -8.09% | |
| Price / MA50: | -14.97% | |
| Price / MA100: | -23.26% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | +0.25% | |
| Price / MAexp50: | -1.21% | |
| Price / MAexp100: | -3.99% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
The last news published on VALBIOTIS at the time of the generation of this analysis 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.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis VALBIOTIS - 1H