ADVICENNE

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	ALDVI
ISIN:	FR0013296746

ADVICENNE - Weekly - Technical analysis published on 09/02/2024 (GMT)

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Timeframe : Weekly
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

28%

44%

28%

My opinion

Bearish under 1.380 EUR

My targets

1.084 EUR (-8.14%)

1.016 EUR (-13.90%)

My analysis

The bearish trend is currently very strong for ADVICENNE. As long as the price remains below the resistance at 1.380 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 1.084 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 1.016 EUR as an objective. Crossing it would then enable sellers to target 0.902 EUR. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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

Force

6.6

Comment on the analysis

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:

Additional analysis

Quotes

The ADVICENNE price is 1.180 EUR. The price is up +20.29% over 5 days and was traded between 1.054 EUR and 1.240 EUR over the period. The price is currently at +11.95% from its lowest point and -4.84% from its highest point.

1.054

1.240

1.180

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner for higher/lower results shows an item:

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Weekly of this ADVICENNE chart shows a sharp bearish trend. 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.

On the 18 technical indicators analysed, 5 are bullish, 5 are neutral and 8 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Weekly

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

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

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	Price	R1	R2	R3
ProTrendLines	1.180	3.333	5.913	9.656
Change (%)	-	+182.46%	+401.10%	+718.31%
Change	-	+2.153	+4.733	+8.476
Level	-	Minor	Intermediate	Intermediate

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
Standard	1.078	1.094	1.112	1.128	1.146	1.162	1.180
Camarilla	1.121	1.124	1.127	1.130	1.133	1.136	1.139
Woodie	1.079	1.095	1.113	1.129	1.147	1.163	1.181
Fibonacci	1.094	1.107	1.115	1.128	1.141	1.149	1.162

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.851	0.915	1.023	1.087	1.195	1.259	1.367
Camarilla	1.083	1.099	1.114	1.130	1.146	1.162	1.177
Woodie	0.872	0.926	1.044	1.098	1.216	1.270	1.388
Fibonacci	0.915	0.981	1.022	1.087	1.153	1.194	1.259

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.834	0.902	1.016	1.084	1.198	1.266	1.380
Camarilla	1.080	1.097	1.113	1.130	1.147	1.163	1.180
Woodie	0.857	0.914	1.039	1.096	1.221	1.278	1.403
Fibonacci	0.902	0.972	1.015	1.084	1.154	1.197	1.266

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	40.73
MACD (12,26,9):	-0.2720
Directional Movement:	-3.364
AROON (14):	-50.000
DEMA (21):	1.172
Parabolic SAR (0,02-0,02-0,2):	2.545
Elder Ray (13):	-0.204
Super Trend (3,10):	2.001
Zig ZAG (10):	1.188
VORTEX (21):	0.9280
Stochastique (14,3,5):	13.44
TEMA (21):	1.090
Williams %R (14):	-82.59
Chande Momentum Oscillator (20):	-0.786
Repulse (5,40,3):	6.8370
ROCnROLL:	2
TRIX (15,9):	-1.3940
Courbe Coppock:	90.88

MA7:	1.074
MA20:	1.030
MA50:	1.393
MA100:	1.709
MAexp7:	1.183
MAexp20:	1.501
MAexp50:	2.004
MAexp100:	2.945
Price / MA7:	+9.87%
Price / MA20:	+14.56%
Price / MA50:	-15.29%
Price / MA100:	-30.95%
Price / MAexp7:	-0.25%
Price / MAexp20:	-21.39%
Price / MAexp50:	-41.12%
Price / MAexp100:	-59.93%

Quotes : - 15 min delayed data - Euronext Paris

News

The latest news and videos published on ADVICENNE at the time of the analysis were as follows:

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

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