NICOX
NICOX
- EUR (-)
- 15 min delayed data - Euronext Paris
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: ALCOX
ISIN: FR0013018124

NICOX - 1H - Technical analysis published on 01/26/2023 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 1.009 EUR
My targets
0.959 EUR (-2.17%)
My analysis
NICOX is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 1.009 EUR. The next support located at 0.959 EUR is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
7.1

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 Londinia. Take part yourself by sharing additional analysis on another time unit:
Daily Weekly

Additional analysis

Quotes

The NICOX rating is 0.980 EUR. The price registered an increase of +13.95% on the session and was between 0.894 EUR and 0.980 EUR. This implies that the price is at +9.62% from its lowest and at 0% from its highest.

0.894
0.980
0.980

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

New LOW record (5 years)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



The Central Volumes scanner notes the presence of abnormal volumes:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of this 1H chart of NICOX indicates that the overall trend is strongly bearish. 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 scanner does not detect any result on moving averages that would impact this trend.

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly


Williams %R indicator is back over -50

Type : Bullish

Timeframe : 1 hour



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
R1
R2
R3
Price


PriceR1R2R3
ProTrendLines 0.980 1.040 1.097 1.130
Change (%) - +6.12% +11.94% +15.31%
Change - +0.060 +0.117 +0.150
Level - Minor Intermediate Minor



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.5920.7240.7920.9240.9921.1241.192
Camarilla0.8050.8230.8420.8600.8780.8970.915
Woodie0.5600.7080.7600.9080.9601.1081.160
Fibonacci0.7240.8000.8480.9241.0001.0481.124


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.9591.0091.0351.0851.1111.1611.187
Camarilla1.0391.0461.0531.0601.0671.0741.081
Woodie0.9461.0031.0221.0791.0981.1551.174
Fibonacci1.0091.0381.0561.0851.1141.1321.161


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.6420.8560.9881.2021.3341.5481.680
Camarilla1.0251.0571.0881.1201.1521.1831.215
Woodie0.6010.8360.9471.1821.2931.5281.639
Fibonacci0.8560.9881.0701.2021.3341.4161.548

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): 38.38
MACD (12,26,9): -0.0280
Directional Movement: -40.973
AROON (14): -57.143
DEMA (21): 0.983
Parabolic SAR (0,02-0,02-0,2): 1.034
Elder Ray (13): -0.053
Super Trend (3,10): 1.024
Zig ZAG (10): 0.959
VORTEX (21): 0.6470
Stochastique (14,3,5): 33.50
TEMA (21): 0.967
Williams %R (14): -48.50
Chande Momentum Oscillator (20): -0.083
Repulse (5,40,3): -5.0990
ROCnROLL: 2
TRIX (15,9): -0.2180
Courbe Coppock: 12.51
MA7: 1.020
MA20: 1.088
MA50: 1.207
MA100: 1.527
MAexp7: 0.976
MAexp20: 1.015
MAexp50: 1.048
MAexp100: 1.074
Price / MA7: -3.92%
Price / MA20: -9.93%
Price / MA50: -18.81%
Price / MA100: -35.82%
Price / MAexp7: +0.41%
Price / MAexp20: -3.45%
Price / MAexp50: -6.49%
Price / MAexp100: -8.75%

Quotes : - 15 min delayed data - Euronext Paris

This member declared not having a position on this financial instrument or a related financial instrument.

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