TFF GROUP - Daily - Technical analysis published on 01/12/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 40.1 EUR
My targets
43.1 EUR (+3.04%)
46.1 EUR (+10.29%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on TFF GROUP as long as the price remains well above 40.1 EUR. The buyers' bullish objective is set at 43.1 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 46.1 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
TFF GROUP rating 41.8 EUR. The price registered an increase of +3.21% on the session with the lowest point at 39.8 EUR and the highest point at 42.8 EUR. The deviation from the price is +5.03% for the low point and -2.34% for the high point.39.8
42.8
41.8
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by TFF GROUP:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of TFF GROUP in Daily shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
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:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
Near support of channel
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 36.9 | 40.1 | 41.4 | 41.8 | 46.1 |
| Change (%) | -11.72% | -4.07% | -0.96% | - | +10.29% |
| Change | -4.9 | -1.7 | -0.4 | - | +4.3 |
| Level | Minor | Minor | Major | - | Major |
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 | 38.9 | 39.2 | 39.9 | 40.2 | 40.9 | 41.2 | 41.9 |
| Camarilla | 40.2 | 40.3 | 40.4 | 40.5 | 40.6 | 40.7 | 40.8 |
| Woodie | 39.0 | 39.3 | 40.0 | 40.3 | 41.0 | 41.3 | 42.0 |
| Fibonacci | 39.2 | 39.6 | 39.9 | 40.2 | 40.6 | 40.9 | 41.2 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 36.3 | 38.2 | 40.3 | 42.2 | 44.3 | 46.2 | 48.3 |
| Camarilla | 41.4 | 41.8 | 42.1 | 42.5 | 42.9 | 43.2 | 43.6 |
| Woodie | 36.5 | 38.3 | 40.5 | 42.3 | 44.5 | 46.3 | 48.5 |
| Fibonacci | 38.2 | 39.7 | 40.6 | 42.2 | 43.7 | 44.6 | 46.2 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 31.3 | 33.6 | 37.2 | 39.5 | 43.1 | 45.4 | 49.0 |
| Camarilla | 39.1 | 39.6 | 40.2 | 40.7 | 41.2 | 41.8 | 42.3 |
| Woodie | 31.9 | 33.9 | 37.8 | 39.8 | 43.7 | 45.7 | 49.6 |
| Fibonacci | 33.6 | 35.9 | 37.3 | 39.5 | 41.8 | 43.2 | 45.4 |
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): | 60.40 | |
| MACD (12,26,9): | 1.0000 | |
| Directional Movement: | 24.6 | |
| AROON (14): | 64.3 | |
| DEMA (21): | 41.5 | |
| Parabolic SAR (0,02-0,02-0,2): | 38.5 | |
| Elder Ray (13): | 0.6 | |
| Super Trend (3,10): | 39.5 | |
| Zig ZAG (10): | 41.8 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 35.50 | |
| TEMA (21): | 41.6 | |
| Williams %R (14): | -45.80 | |
| Chande Momentum Oscillator (20): | 2.3 | |
| Repulse (5,40,3): | 1.9000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.4000 | |
| Courbe Coppock: | 10.60 |
| MA7: | 41.3 | |
| MA20: | 40.1 | |
| MA50: | 38.0 | |
| MA100: | 36.1 | |
| MAexp7: | 41.0 | |
| MAexp20: | 40.2 | |
| MAexp50: | 38.5 | |
| MAexp100: | 36.7 | |
| Price / MA7: | +1.21% | |
| Price / MA20: | +4.24% | |
| Price / MA50: | +10.00% | |
| Price / MA100: | +15.79% | |
| Price / MAexp7: | +1.95% | |
| Price / MAexp20: | +3.98% | |
| Price / MAexp50: | +8.57% | |
| Price / MAexp100: | +13.90% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
The last news published on TFF GROUP at the time of the generation of this analysis was as follows:
- TFF Pharmaceuticals Reports First Quarter 2021 Financial Results and Provides Business Update
- TFF Pharmaceuticals Awarded Contract under DARPA’s Next-Generation Personalized Protective Biosystems Program for U.S. Warfighters
- TFF Pharmaceuticals Prices Offering of Common Stock
- TFF Pharmaceuticals Reports Fourth Quarter and Full Year 2020 Financial and Business Results
- NeuroRX and TFF Pharmaceuticals Announce Entering Into Feasibility Collaboration
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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