TFF GROUP - Daily - Technical analysis published on 10/21/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
39%
44%
17%
My opinion
Bearish under 34.1 EUR
My targets
29.1 EUR (-8.40%)
28.1 EUR (-11.64%)
My analysis
The bearish trend is currently very strong for TFF GROUP. As long as the price remains below the resistance at 34.1 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 29.1 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 28.1 EUR as an objective. Crossing it would then enable sellers to target 23.6 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.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
6.3
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This analysis was given by gsanzmagallon. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The TFF GROUP rating is 31.8 EUR. On the day, this instrument gained +2.58% and was between 31.1 EUR and 31.9 EUR. This implies that the price is at +2.25% from its lowest and at -0.31% from its highest.31.1
31.9
31.8
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by TFF GROUP:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Daily of this TFF GROUP chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
On the 18 technical indicators analysed, 7 are bullish, 3 are neutral and 8 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
MACD indicator: bullish divergence
Type : Bullish
Timeframe : Daily
RSI indicator: bullish divergence
Type : Bullish
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
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 | 23.6 | 28.1 | 31.6 | 31.8 | 34.1 | 37.5 | 39.4 |
| Change (%) | -25.79% | -11.64% | -0.63% | - | +7.23% | +17.92% | +23.90% |
| Change | -8.2 | -3.7 | -0.2 | - | +2.3 | +5.7 | +7.6 |
| Level | Intermediate | Minor | Major | - | Minor | Intermediate | 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 | 30.5 | 30.8 | 31.3 | 31.6 | 32.1 | 32.4 | 32.9 |
| Camarilla | 31.6 | 31.7 | 31.7 | 31.8 | 31.9 | 32.0 | 32.0 |
| Woodie | 30.6 | 30.9 | 31.4 | 31.7 | 32.2 | 32.5 | 33.0 |
| Fibonacci | 30.8 | 31.1 | 31.3 | 31.6 | 31.9 | 32.1 | 32.4 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 26.8 | 28.7 | 29.8 | 31.7 | 32.8 | 34.7 | 35.8 |
| Camarilla | 30.2 | 30.5 | 30.7 | 31.0 | 31.3 | 31.6 | 31.8 |
| Woodie | 26.5 | 28.5 | 29.5 | 31.5 | 32.5 | 34.5 | 35.5 |
| Fibonacci | 28.7 | 29.8 | 30.5 | 31.7 | 32.8 | 33.5 | 34.7 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 19.7 | 25.3 | 29.1 | 34.7 | 38.5 | 44.1 | 47.9 |
| Camarilla | 30.4 | 31.3 | 32.1 | 33.0 | 33.9 | 34.7 | 35.6 |
| Woodie | 18.9 | 24.9 | 28.3 | 34.3 | 37.7 | 43.7 | 47.1 |
| Fibonacci | 25.3 | 28.9 | 31.1 | 34.7 | 38.3 | 40.5 | 44.1 |
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): | 39.10 | |
| MACD (12,26,9): | -0.9000 | |
| Directional Movement: | -17.5 | |
| AROON (14): | -57.1 | |
| DEMA (21): | 31.6 | |
| Parabolic SAR (0,02-0,02-0,2): | 33.9 | |
| Elder Ray (13): | -0.9 | |
| Super Trend (3,10): | 33.7 | |
| Zig ZAG (10): | 31.8 | |
| VORTEX (21): | 0.9000 | |
| Stochastique (14,3,5): | 22.50 | |
| TEMA (21): | 31.7 | |
| Williams %R (14): | -67.50 | |
| Chande Momentum Oscillator (20): | -1.9 | |
| Repulse (5,40,3): | 0.8000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.4000 | |
| Courbe Coppock: | 2.00 |
| MA7: | 32.0 | |
| MA20: | 32.6 | |
| MA50: | 35.1 | |
| MA100: | 37.7 | |
| MAexp7: | 32.0 | |
| MAexp20: | 32.9 | |
| MAexp50: | 34.7 | |
| MAexp100: | 36.9 | |
| Price / MA7: | -0.63% | |
| Price / MA20: | -2.45% | |
| Price / MA50: | -9.40% | |
| Price / MA100: | -15.65% | |
| Price / MAexp7: | -0.63% | |
| Price / MAexp20: | -3.34% | |
| Price / MAexp50: | -8.36% | |
| Price / MAexp100: | -13.82% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
Don't forget to follow the news on TFF GROUP. At the time of publication of this analysis, the latest news 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.
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