NEOVACS - Daily - Technical analysis published on 06/17/2024 (GMT)
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- Timeframe : Daily
- - 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 bearish
Underlying:
Strongly bearish
Technical indicators
22%
44%
33%
My opinion
Bearish under 0.2264 EUR
My targets
0.0377 EUR (-16.16%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on NEOVACS as long as the price remains well below 0.2264 EUR. The sellers' bearish objective is set at 0.0377 EUR. A bearish break of this support would revive the bearish momentum. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
6.8
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Additional analysis
Quotes
NEOVACS rating 0.0450 EUR. The price registered an increase of +9.76% on the session with the lowest point at 0.0450 EUR and the highest point at 0.0562 EUR. The deviation from the price is 0% for the low point and -19.93% for the high point.0.0450
0.0562
0.0450
The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.
Opening Gap UP
Type : Bullish
Timeframe : Openning
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
A technical analysis in Daily of this NEOVACS chart shows a sharp bearish trend. 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. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 6 are neutral and 8 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
R1
R2
R3
Price
| Price | R1 | R2 | R3 | |
|---|---|---|---|---|
| ProTrendLines | 0.0450 | 2.0026 | 23.0000 | 55.0000 |
| Change (%) | - | +4,350.22% | +51,011.11% | +122,122.22% |
| Change | - | +1.9576 | +22.9550 | +54.9550 |
| Level | - | Major | 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 | 0.0156 | 0.0229 | 0.0319 | 0.0392 | 0.0482 | 0.0555 | 0.0645 |
| Camarilla | 0.0365 | 0.0380 | 0.0395 | 0.0410 | 0.0425 | 0.0440 | 0.0455 |
| Woodie | 0.0166 | 0.0233 | 0.0329 | 0.0396 | 0.0492 | 0.0559 | 0.0655 |
| Fibonacci | 0.0229 | 0.0291 | 0.0329 | 0.0392 | 0.0454 | 0.0492 | 0.0555 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.0526 | -0.0113 | 0.0149 | 0.0562 | 0.0824 | 0.1237 | 0.1499 |
| Camarilla | 0.0224 | 0.0286 | 0.0348 | 0.0410 | 0.0472 | 0.0534 | 0.0596 |
| Woodie | -0.0603 | -0.0151 | 0.0073 | 0.0524 | 0.0748 | 0.1199 | 0.1423 |
| Fibonacci | -0.0113 | 0.0145 | 0.0305 | 0.0562 | 0.0820 | 0.0980 | 0.1237 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.2572 | -0.0685 | 0.0377 | 0.2264 | 0.3326 | 0.5213 | 0.6275 |
| Camarilla | 0.0629 | 0.0899 | 0.1170 | 0.1440 | 0.1710 | 0.1981 | 0.2251 |
| Woodie | -0.2984 | -0.0891 | -0.0035 | 0.2058 | 0.2915 | 0.5007 | 0.5864 |
| Fibonacci | -0.0685 | 0.0441 | 0.1137 | 0.2264 | 0.3390 | 0.4086 | 0.5213 |
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): | 31.44 | |
| MACD (12,26,9): | -0.0659 | |
| Directional Movement: | -8.1654 | |
| AROON (14): | -92.8571 | |
| DEMA (21): | 0.0348 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.1365 | |
| Elder Ray (13): | -0.0409 | |
| Super Trend (3,10): | 0.1418 | |
| Zig ZAG (10): | 0.0490 | |
| VORTEX (21): | 0.8161 | |
| Stochastique (14,3,5): | 4.24 | |
| TEMA (21): | 0.0573 | |
| Williams %R (14): | -91.78 | |
| Chande Momentum Oscillator (20): | -0.1009 | |
| Repulse (5,40,3): | -51.0902 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -3.7206 | |
| Courbe Coppock: | 131.46 |
| MA7: | 0.0610 | |
| MA20: | 0.1351 | |
| MA50: | 0.2453 | |
| MA100: | 0.7838 | |
| MAexp7: | 0.0652 | |
| MAexp20: | 0.1252 | |
| MAexp50: | 1.2091 | |
| MAexp100: | 72.8037 | |
| Price / MA7: | -26.23% | |
| Price / MA20: | -66.69% | |
| Price / MA50: | -81.66% | |
| Price / MA100: | -94.26% | |
| Price / MAexp7: | -30.98% | |
| Price / MAexp20: | -64.06% | |
| Price / MAexp50: | -96.28% | |
| Price / MAexp100: | -99.94% |
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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