ANTARES PHARMA INC. - Daily - Technical analysis published on 09/06/2019 (GMT)
- 249
- 0
- Who voted?
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
ANTARES PHARMA INC. Chart
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Strongly bullish
Technical indicators
44%
22%
33%
My opinion
Bullish above 3.11 USD
My targets
3.31 USD (+1.53%)
3.41 USD (+4.60%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on ANTARES PHARMA INC. as long as the price remains well above 3.11 USD. The buyers” bullish objective is set at 3.31 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 3.41 USD. If there is any crossing, the next objective would be the resistance located at 3.65 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
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 Vincent Launay.
Additional analysis
Quotes
The ANTARES PHARMA INC. rating is 3.26 USD. On the day, this instrument gained +1.24% with the lowest point at 3.20 USD and the highest point at 3.27 USD. The deviation from the price is +1.88% for the low point and -0.31% for the high point.3.20
3.27
3.26
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
A technical analysis in Daily of this ANTARES PHARMA INC. chart shows a strongly bullish trend. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Bullish trend reversal : adaptative moving average 50
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
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 8 are bullish, 6 are neutral and 4 are bearish. Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bullish divergence
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near support of triangle
Type : Bullish
Timeframe : Daily
Horizontal support is broken
Type : Bearish
Timeframe : Daily
Support of channel is broken
Type : Bearish
Timeframe : Daily
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 | 2.69 | 2.97 | 3.11 | 3.26 | 3.31 | 3.41 | 3.65 |
| Change (%) | -17.48% | -8.90% | -4.60% | - | +1.53% | +4.60% | +11.96% |
| Change | -0.57 | -0.29 | -0.15 | - | +0.05 | +0.15 | +0.39 |
| Level | Major | Major | Major | - | Major | Major | Minor |
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 | 3.06 | 3.11 | 3.16 | 3.21 | 3.26 | 3.31 | 3.36 |
| Camarilla | 3.19 | 3.20 | 3.21 | 3.22 | 3.23 | 3.24 | 3.25 |
| Woodie | 3.07 | 3.11 | 3.17 | 3.21 | 3.27 | 3.31 | 3.37 |
| Fibonacci | 3.11 | 3.15 | 3.17 | 3.21 | 3.25 | 3.27 | 3.31 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.90 | 3.06 | 3.15 | 3.31 | 3.40 | 3.56 | 3.65 |
| Camarilla | 3.17 | 3.19 | 3.22 | 3.24 | 3.26 | 3.29 | 3.31 |
| Woodie | 2.87 | 3.04 | 3.12 | 3.29 | 3.37 | 3.54 | 3.62 |
| Fibonacci | 3.06 | 3.16 | 3.22 | 3.31 | 3.41 | 3.47 | 3.56 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.42 | 2.68 | 2.96 | 3.22 | 3.50 | 3.76 | 4.04 |
| Camarilla | 3.09 | 3.14 | 3.19 | 3.24 | 3.29 | 3.34 | 3.39 |
| Woodie | 2.43 | 2.69 | 2.97 | 3.23 | 3.51 | 3.77 | 4.05 |
| Fibonacci | 2.68 | 2.89 | 3.01 | 3.22 | 3.43 | 3.55 | 3.76 |
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): | 52.08 | |
| MACD (12,26,9): | 0.0100 | |
| Directional Movement: | 3.17 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 3.26 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.44 | |
| Elder Ray (13): | -0.01 | |
| Super Trend (3,10): | 2.95 | |
| Zig ZAG (10): | 3.27 | |
| VORTEX (21): | 0.9900 | |
| Stochastique (14,3,5): | 36.11 | |
| TEMA (21): | 3.24 | |
| Williams %R (14): | -51.55 | |
| Chande Momentum Oscillator (20): | 0.06 | |
| Repulse (5,40,3): | 1.0200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1000 | |
| Courbe Coppock: | 2.85 |
| MA7: | 3.23 | |
| MA20: | 3.24 | |
| MA50: | 3.22 | |
| MA100: | 3.05 | |
| MAexp7: | 3.23 | |
| MAexp20: | 3.24 | |
| MAexp50: | 3.19 | |
| MAexp100: | 3.14 | |
| Price / MA7: | +0.93% | |
| Price / MA20: | +0.62% | |
| Price / MA50: | +1.24% | |
| Price / MA100: | +6.89% | |
| Price / MAexp7: | +0.93% | |
| Price / MAexp20: | +0.62% | |
| Price / MAexp50: | +2.19% | |
| Price / MAexp100: | +3.82% |
News
The latest news and videos published on ANTARES PHARMA INC. at the time of the analysis were as follows:
-
Antares Pharma, Inc. - ATRS Stock Chart Technical Analysis for 08-06-2019
-
Antares Pharma, Inc. - ATRS Stock Chart Technical Analysis for 05-02-2019
-
Antares Pharma, Inc. - ATRS Stock Chart Technical Analysis for 10-02-18
-
Antares Pharma, Inc. - ATRS Stock Chart Technical Analysis for 08-06-18
-
Antares Pharma, Inc. - ATRS Stock Chart Technical Analysis for 03-08-18
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 ANTARES PHARMA INC. - Daily