NOVACYT - 1H - Technical analysis published on 08/21/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
28%
28%
44%
My opinion
Bullish above 1.012 EUR
My targets
1.342 EUR (+24.98%)
1.450 EUR (+35.01%)
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 1.012 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 1.590 EUR. If the support 1.012 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.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
2.5
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Additional analysis
Quotes
NOVACYT rating 1.074 EUR. The price has increased by +9.59% since the last closing with the lowest point at 0.943 EUR and the highest point at 1.144 EUR. The deviation from the price is +13.89% for the low point and -6.12% for the high point.0.943
1.144
1.074
The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.
Opening Gap DOWN
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. 71.43% 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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
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
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.711 | 0.840 | 1.012 | 1.074 | 1.450 | 1.590 | 4.024 |
| Change (%) | -33.80% | -21.79% | -5.77% | - | +35.01% | +48.04% | +274.67% |
| Change | -0.363 | -0.234 | -0.062 | - | +0.376 | +0.516 | +2.950 |
| Level | Intermediate | Intermediate | Minor | - | Minor | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.403 | 0.677 | 0.829 | 1.103 | 1.255 | 1.529 | 1.681 |
| Camarilla | 0.863 | 0.902 | 0.941 | 0.980 | 1.019 | 1.058 | 1.097 |
| Woodie | 0.341 | 0.647 | 0.767 | 1.073 | 1.193 | 1.499 | 1.619 |
| Fibonacci | 0.677 | 0.840 | 0.941 | 1.103 | 1.266 | 1.367 | 1.529 |
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 the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 50.35 | |
| MACD (12,26,9): | 0.0130 | |
| Directional Movement: | 4.336 | |
| AROON (14): | -85.714 | |
| DEMA (21): | 1.149 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.197 | |
| Elder Ray (13): | -0.027 | |
| Super Trend (3,10): | 1.322 | |
| Zig ZAG (10): | 1.084 | |
| VORTEX (21): | 0.9570 | |
| Stochastique (14,3,5): | 22.31 | |
| TEMA (21): | 1.066 | |
| Williams %R (14): | -77.34 | |
| Chande Momentum Oscillator (20): | -0.324 | |
| Repulse (5,40,3): | 2.8120 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.7770 | |
| Courbe Coppock: | 45.75 |
| MA7: | 0.932 | |
| MA20: | 0.682 | |
| MA50: | 0.612 | |
| MA100: | 0.666 | |
| MAexp7: | 1.071 | |
| MAexp20: | 1.104 | |
| MAexp50: | 0.982 | |
| MAexp100: | 0.833 | |
| Price / MA7: | +15.24% | |
| Price / MA20: | +57.48% | |
| Price / MA50: | +75.49% | |
| Price / MA100: | +61.26% | |
| Price / MAexp7: | +0.28% | |
| Price / MAexp20: | -2.72% | |
| Price / MAexp50: | +9.37% | |
| Price / MAexp100: | +28.93% |
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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