NOVACYT - 1H - Technical analysis published on 08/20/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
39%
17%
44%
My opinion
Bullish above 0.936 EUR
My targets
1.342 EUR (+16.32%)
1.450 EUR (+25.65%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on NOVACYT. As long as you are above the support located at 0.936 EUR, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 1.342 EUR would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 1.450 EUR as an objective. Crossing it would then enable buyers to target 4.024 EUR. If the support 0.936 EUR were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
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
3.9
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This analysis was given by pierrott. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The NOVACYT price is 1.154 EUR. The price registered a decrease of -17.57% on the session and was traded between 1.152 EUR and 1.378 EUR over the period. The price is currently at +0.17% from its lowest and -16.26% from its highest.1.152
1.378
1.154
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
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 1H of this NOVACYT chart shows a bullish trend. 75.00% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators shows a slightly bullish signal.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 1 hour
SuperTrend indicator bearish reversal
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.617 | 0.711 | 0.840 | 1.154 | 1.450 | 4.024 | 5.031 |
| Change (%) | -46.53% | -38.39% | -27.21% | - | +25.65% | +248.70% | +335.96% |
| Change | -0.537 | -0.443 | -0.314 | - | +0.296 | +2.870 | +3.877 |
| Level | Intermediate | Intermediate | Intermediate | - | Intermediate | Minor | Intermediate |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.763 | 0.967 | 1.183 | 1.387 | 1.603 | 1.807 | 2.023 |
| Camarilla | 1.285 | 1.323 | 1.362 | 1.400 | 1.439 | 1.477 | 1.516 |
| Woodie | 0.770 | 0.970 | 1.190 | 1.390 | 1.610 | 1.810 | 2.030 |
| Fibonacci | 0.967 | 1.127 | 1.226 | 1.387 | 1.547 | 1.646 | 1.807 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.104 | 0.317 | 0.723 | 0.936 | 1.342 | 1.555 | 1.961 |
| Camarilla | 0.960 | 1.017 | 1.073 | 1.130 | 1.187 | 1.244 | 1.300 |
| Woodie | 0.202 | 0.365 | 0.821 | 0.984 | 1.440 | 1.603 | 2.059 |
| Fibonacci | 0.317 | 0.553 | 0.699 | 0.936 | 1.172 | 1.318 | 1.555 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.324 | 0.419 | 0.480 | 0.575 | 0.636 | 0.731 | 0.792 |
| Camarilla | 0.497 | 0.511 | 0.526 | 0.540 | 0.554 | 0.569 | 0.583 |
| Woodie | 0.306 | 0.411 | 0.462 | 0.567 | 0.618 | 0.723 | 0.774 |
| Fibonacci | 0.419 | 0.479 | 0.516 | 0.575 | 0.635 | 0.672 | 0.731 |
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): | 54.38 | |
| MACD (12,26,9): | 0.1550 | |
| Directional Movement: | 16.384 | |
| AROON (14): | 71.429 | |
| DEMA (21): | 1.396 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.567 | |
| Elder Ray (13): | -0.062 | |
| Super Trend (3,10): | 1.567 | |
| Zig ZAG (10): | 1.172 | |
| VORTEX (21): | 1.1500 | |
| Stochastique (14,3,5): | 54.15 | |
| TEMA (21): | 1.437 | |
| Williams %R (14): | -62.52 | |
| Chande Momentum Oscillator (20): | 0.056 | |
| Repulse (5,40,3): | -14.1250 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 2.9210 | |
| Courbe Coppock: | 95.09 |
| MA7: | 0.883 | |
| MA20: | 0.665 | |
| MA50: | 0.607 | |
| MA100: | 0.662 | |
| MAexp7: | 1.306 | |
| MAexp20: | 1.184 | |
| MAexp50: | 0.943 | |
| MAexp100: | 0.784 | |
| Price / MA7: | +30.69% | |
| Price / MA20: | +73.53% | |
| Price / MA50: | +90.12% | |
| Price / MA100: | +74.32% | |
| Price / MAexp7: | -11.64% | |
| Price / MAexp20: | -2.53% | |
| Price / MAexp50: | +22.38% | |
| Price / MAexp100: | +47.19% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
The last news published on NOVACYT at the time of the generation of this analysis was as follows:
- Novacyt S.A. ("Novacyt", the "Company" or the "Group"): DHSC Claim Update – Trial Date Listed
- Novacyt S.A. ("Novacyt", the "Company" or the "Group") Full Year 2022 Trading Update
- Novacyt S.A. ("Novacyt", the "Company" or the "Group"): Non-Executive Director Change
- Novacyt S.A. ("Novacyt", the "Company" or the "Group"): Approval of genesig® COVID-19 3G PCR Test in the UK Under CTDA Legislation
- Novacyt S.A. ("Novacyt", the "Company" or the "Group"): Directorate Change
This member declared not having a position on this financial instrument or a related financial instrument.
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