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

NICOX - Daily - Technical analysis published on 03/20/2024 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Bearish
Technical indicators
39%
28%
33%
My opinion
Bearish under 0.4201 EUR
My targets
0.3925 EUR (-2.85%)
0.3720 EUR (-7.92%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on NICOX as long as the price remains well below 0.4201 EUR. The sellers' bearish objective is set at 0.3925 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.3720 EUR. In case of crossing, the next objective would be the support located at 0.3565 EUR.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
4.3

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 pierrott. Take part yourself by sharing additional analysis on another time unit:
1H Weekly

Additional analysis

Quotes

The NICOX price is 0.4040 EUR. The price registered an increase of +2.02% on the session with the lowest point at 0.3905 EUR and the highest point at 0.4100 EUR. The deviation from the price is +3.46% for the low point and -1.46% for the high point.

0.3905
0.4100
0.4040

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:

Technical


Technical analysis of this Daily chart of NICOX indicates that the overall trend is bearish. 78.57% of the signals given by moving averages are bearish. The overall trend is reinforced 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.

In fact, of the 18 technical indicators analysed by Central Analyzer, 7 are bullish, 6 are neutral and 5 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

MACD indicator: bullish divergence

Type : Bullish

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : Daily


Near support of triangle

Type : Bullish

Timeframe : Daily



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.3565 0.3720 0.3925 0.4040 0.4201 0.4412 0.4800
Change (%) -11.76% -7.92% -2.85% - +3.99% +9.21% +18.81%
Change -0.0475 -0.0320 -0.0115 - +0.0161 +0.0372 +0.0760
Level Minor Major Minor - Intermediate Intermediate 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
Standard0.37350.38200.39300.40150.41250.42100.4320
Camarilla0.39860.40040.40220.40400.40580.40760.4094
Woodie0.37480.38260.39430.40210.41380.42160.4333
Fibonacci0.38200.38950.39410.40150.40900.41360.4210


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.33200.34850.37650.39300.42100.43750.4655
Camarilla0.39230.39630.40040.40450.40860.41270.4167
Woodie0.33780.35140.38230.39590.42680.44040.4713
Fibonacci0.34850.36550.37600.39300.41000.42050.4375


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.28230.34120.37380.43270.46530.52420.5568
Camarilla0.38130.38970.39810.40650.41490.42330.4317
Woodie0.26930.33460.36080.42610.45230.51760.5438
Fibonacci0.34120.37610.39770.43270.46760.48920.5242

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): 45.28
MACD (12,26,9): -0.0074
Directional Movement: -0.4943
AROON (14): -35.7143
DEMA (21): 0.4020
Parabolic SAR (0,02-0,02-0,2): 0.4181
Elder Ray (13): -0.0063
Super Trend (3,10): 0.3894
Zig ZAG (10): 0.4040
VORTEX (21): 0.8751
Stochastique (14,3,5): 47.11
TEMA (21): 0.3954
Williams %R (14): -48.00
Chande Momentum Oscillator (20): -0.0170
Repulse (5,40,3): 4.0827
ROCnROLL: 2
TRIX (15,9): -0.2183
Courbe Coppock: 12.11
MA7: 0.4001
MA20: 0.4139
MA50: 0.4209
MA100: 0.4150
MAexp7: 0.4025
MAexp20: 0.4108
MAexp50: 0.4161
MAexp100: 0.4202
Price / MA7: +0.97%
Price / MA20: -2.39%
Price / MA50: -4.02%
Price / MA100: -2.65%
Price / MAexp7: +0.37%
Price / MAexp20: -1.66%
Price / MAexp50: -2.91%
Price / MAexp100: -3.86%

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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