NEOVACS - 1H - Technical analysis published on 08/28/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
33%
33%
33%
My opinion
Bearish under 0.0021 EUR
My targets
0.0004 EUR (-71.54%)
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 0.0021 EUR. The sellers' bearish objective is set at 0.0004 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.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
6.1
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Additional analysis
Quotes
The NEOVACS rating is 0.0013 EUR. The price has increased by +18.18% since the last closing and was traded between 0.0011 EUR and 0.0013 EUR over the period. The price is currently at +18.18% from its lowest and 0% from its highest.0.0011
0.0013
0.0013
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by NEOVACS:
New LOW record (5 years)
Type : Bearish
Timeframe : Weekly
New LOW record (1 year)
Type : Bearish
Timeframe : Weekly
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 1H chart of NEOVACS indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
R1
R2
R3
Price
| Price | R1 | R2 | R3 | |
|---|---|---|---|---|
| ProTrendLines | 0.0013 | 0.0021 | 0.0061 | 0.0092 |
| Change (%) | - | +61.54% | +369.23% | +607.69% |
| Change | - | +0.0008 | +0.0048 | +0.0079 |
| Level | - | Minor | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.0007 | 0.0009 | 0.0010 | 0.0012 | 0.0013 | 0.0015 | 0.0016 |
| Camarilla | 0.0010 | 0.0011 | 0.0011 | 0.0011 | 0.0011 | 0.0012 | 0.0012 |
| Woodie | 0.0007 | 0.0009 | 0.0010 | 0.0012 | 0.0013 | 0.0015 | 0.0016 |
| Fibonacci | 0.0009 | 0.0010 | 0.0011 | 0.0012 | 0.0013 | 0.0014 | 0.0015 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.0031 | -0.0009 | 0.0004 | 0.0026 | 0.0039 | 0.0061 | 0.0074 |
| Camarilla | 0.0006 | 0.0010 | 0.0013 | 0.0016 | 0.0019 | 0.0022 | 0.0026 |
| Woodie | -0.0037 | -0.0011 | -0.0002 | 0.0024 | 0.0034 | 0.0059 | 0.0069 |
| Fibonacci | -0.0009 | 0.0005 | 0.0013 | 0.0026 | 0.0040 | 0.0048 | 0.0061 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.0374 | -0.0145 | -0.0017 | 0.0212 | 0.0340 | 0.0569 | 0.0697 |
| Camarilla | 0.0012 | 0.0045 | 0.0077 | 0.0110 | 0.0143 | 0.0176 | 0.0208 |
| Woodie | -0.0426 | -0.0170 | -0.0069 | 0.0187 | 0.0289 | 0.0544 | 0.0646 |
| Fibonacci | -0.0145 | -0.0008 | 0.0076 | 0.0212 | 0.0349 | 0.0433 | 0.0569 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 43.63 | |
| MACD (12,26,9): | -0.0002 | |
| Directional Movement: | -6.7193 | |
| AROON (14): | -71.4286 | |
| DEMA (21): | 0.0011 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.0017 | |
| Elder Ray (13): | -0.0001 | |
| Super Trend (3,10): | 0.0015 | |
| Zig ZAG (10): | 0.0013 | |
| VORTEX (21): | 0.7037 | |
| Stochastique (14,3,5): | 25.00 | |
| TEMA (21): | 0.0012 | |
| Williams %R (14): | -50.00 | |
| Chande Momentum Oscillator (20): | -0.0002 | |
| Repulse (5,40,3): | 13.7307 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -1.3545 | |
| Courbe Coppock: | 42.10 |
| MA7: | 0.0016 | |
| MA20: | 0.0044 | |
| MA50: | 0.0121 | |
| MA100: | 0.1184 | |
| MAexp7: | 0.0012 | |
| MAexp20: | 0.0014 | |
| MAexp50: | 0.0018 | |
| MAexp100: | 0.0031 | |
| Price / MA7: | -18.75% | |
| Price / MA20: | -70.45% | |
| Price / MA50: | -89.26% | |
| Price / MA100: | -98.90% | |
| Price / MAexp7: | +8.33% | |
| Price / MAexp20: | -7.14% | |
| Price / MAexp50: | -27.78% | |
| Price / MAexp100: | -58.06% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
The last news published on NEOVACS at the time of the generation of this analysis was 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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