NEOVACS - 1H - Technical analysis published on 06/26/2023 (GMT)
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- Timeframe : 1H
- - 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:
Slightly bearish
Technical indicators
83%
0%
17%
My opinion
Bullish above 0.6973 EUR
My targets
0.7981 EUR (+12.41%)
0.8447 EUR (+18.97%)
My analysis
The current short-term bullish trend is expected to quickly reset the neutral or bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for NEOVACS as long as the price remains well above 0.6973 EUR. The buyers' bullish objective is set at 0.7981 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.8447 EUR. If there is any crossing, the next objective would be the resistance located at 1.0000 EUR. As the basic trend is not clearly displayed, attention should be paid to the price reaction to the resistance at 0.7981 EUR. On this resistance, against the trend traders who would like to go short on NEOVACS with a bearish signal from their trading strategy, should not hesitate to act.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
3.4
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.
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Additional analysis
Quotes
The NEOVACS rating is 0.7100 EUR. The price registered an increase of +29.09% on the session and was traded between 0.5500 EUR and 0.7100 EUR over the period. The price is currently at +29.09% from its lowest and 0% from its highest.0.5500
0.7100
0.7100
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of NEOVACS in 1H shows an overall slightly bearish trend. 53.57% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages could quickly lead to a reversal of the trend. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.5063 | 0.7100 | 0.7981 | 1.0000 | 1.6000 |
| Change (%) | -28.69% | - | +12.41% | +40.85% | +125.35% |
| Change | -0.2037 | - | +0.0881 | +0.2900 | +0.8900 |
| Level | Intermediate | - | Minor | Minor | 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 | 0.4833 | 0.4967 | 0.5233 | 0.5367 | 0.5633 | 0.5767 | 0.6033 |
| Camarilla | 0.5390 | 0.5427 | 0.5463 | 0.5500 | 0.5537 | 0.5573 | 0.5610 |
| Woodie | 0.4900 | 0.5000 | 0.5300 | 0.5400 | 0.5700 | 0.5800 | 0.6100 |
| Fibonacci | 0.4967 | 0.5120 | 0.5214 | 0.5367 | 0.5520 | 0.5614 | 0.5767 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.2053 | 0.3527 | 0.4513 | 0.5987 | 0.6973 | 0.8447 | 0.9433 |
| Camarilla | 0.4824 | 0.5049 | 0.5275 | 0.5500 | 0.5726 | 0.5951 | 0.6177 |
| Woodie | 0.1810 | 0.3405 | 0.4270 | 0.5865 | 0.6730 | 0.8325 | 0.9190 |
| Fibonacci | 0.3527 | 0.4466 | 0.5047 | 0.5987 | 0.6926 | 0.7507 | 0.8447 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -1.8667 | -0.5333 | 0.5333 | 1.8667 | 2.9333 | 4.2667 | 5.3333 |
| Camarilla | 0.9400 | 1.1600 | 1.3800 | 1.6000 | 1.8200 | 2.0400 | 2.2600 |
| Woodie | -2.0000 | -0.6000 | 0.4000 | 1.8000 | 2.8000 | 4.2000 | 5.2000 |
| Fibonacci | -0.5333 | 0.3835 | 0.9499 | 1.8667 | 2.7835 | 3.3499 | 4.2667 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 69.92 | |
| MACD (12,26,9): | 0.0262 | |
| Directional Movement: | 22.8736 | |
| AROON (14): | 64.2857 | |
| DEMA (21): | 0.6137 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.5543 | |
| Elder Ray (13): | 0.0699 | |
| Super Trend (3,10): | 0.6001 | |
| Zig ZAG (10): | 0.6800 | |
| VORTEX (21): | 1.2567 | |
| Stochastique (14,3,5): | 81.65 | |
| TEMA (21): | 0.6599 | |
| Williams %R (14): | -15.00 | |
| Chande Momentum Oscillator (20): | 0.1700 | |
| Repulse (5,40,3): | 7.6011 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0954 | |
| Courbe Coppock: | 44.29 |
| MA7: | 0.6038 | |
| MA20: | 1.0123 | |
| MA50: | 1.7809 | |
| MA100: | 4.3305 | |
| MAexp7: | 0.6417 | |
| MAexp20: | 0.5916 | |
| MAexp50: | 0.6112 | |
| MAexp100: | 0.7409 | |
| Price / MA7: | +17.59% | |
| Price / MA20: | -29.86% | |
| Price / MA50: | -60.13% | |
| Price / MA100: | -83.60% | |
| Price / MAexp7: | +10.64% | |
| Price / MAexp20: | +20.01% | |
| Price / MAexp50: | +16.16% | |
| Price / MAexp100: | -4.17% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
The latest news and videos published on NEOVACS at the time of the analysis were as follows:
- Pharnext Strengthens its Ties With Néovacs to Secure the Next Steps in its Development
- NEOVACS SHARES TO RESUME TRADING ON MAY 20TH, 2020
- VALIDATION OF THE "RESTARTED" PLAN BY THE PARIS COMMERCIAL COURT
- DRAFT CONTINUITY PLAN // REVIEW HEARING SCHEDULED FOR MAY 6th, 2020
- EXTENSION OF THE OBSERVATION PERIOD IN THE FRAME OF REOGANIZATION PROCEEDINGS AND UPDATE ON RandD PROGRAMS
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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