VALEO - Daily - Technical analysis published on 12/14/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
39%
28%
33%
My opinion
Bearish under 17.653 EUR
My targets
16.310 EUR (-5.23%)
15.239 EUR (-11.45%)
My analysis
VALEO is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 17.653 EUR. The next support located at 16.310 EUR is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 15.239 EUR. Below this support, sellers could then target 14.066 EUR. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
4.6
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The VALEO rating is 17.210 EUR. The price registered an increase of +1.09% on the session with the lowest point at 16.925 EUR and the highest point at 17.350 EUR. The deviation from the price is +1.68% for the low point and -0.81% for the high point.16.925
17.350
17.210
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by VALEO:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of VALEO in Daily shows a overall strongly bearish trend. 82.14% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
On the 18 technical indicators analysed, 7 are bullish, 6 are neutral and 5 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of triangle
Type : Bullish
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 | 15.239 | 16.310 | 17.007 | 17.210 | 17.653 | 19.440 | 20.643 |
| Change (%) | -11.45% | -5.23% | -1.18% | - | +2.57% | +12.96% | +19.95% |
| Change | -1.971 | -0.900 | -0.203 | - | +0.443 | +2.230 | +3.433 |
| Level | Intermediate | Major | Major | - | Intermediate | Intermediate | Minor |
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 | 15.608 | 16.152 | 16.588 | 17.132 | 17.568 | 18.112 | 18.548 |
| Camarilla | 16.756 | 16.845 | 16.935 | 17.025 | 17.115 | 17.205 | 17.295 |
| Woodie | 15.555 | 16.125 | 16.535 | 17.105 | 17.515 | 18.085 | 18.495 |
| Fibonacci | 16.152 | 16.526 | 16.757 | 17.132 | 17.506 | 17.737 | 18.112 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15.478 | 16.047 | 16.383 | 16.952 | 17.288 | 17.857 | 18.193 |
| Camarilla | 16.471 | 16.554 | 16.637 | 16.720 | 16.803 | 16.886 | 16.969 |
| Woodie | 15.363 | 15.989 | 16.268 | 16.894 | 17.173 | 17.799 | 18.078 |
| Fibonacci | 16.047 | 16.392 | 16.606 | 16.952 | 17.297 | 17.511 | 17.857 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12.158 | 14.057 | 15.903 | 17.802 | 19.648 | 21.547 | 23.393 |
| Camarilla | 16.720 | 17.063 | 17.407 | 17.750 | 18.093 | 18.437 | 18.780 |
| Woodie | 12.133 | 14.044 | 15.878 | 17.789 | 19.623 | 21.534 | 23.368 |
| Fibonacci | 14.057 | 15.487 | 16.371 | 17.802 | 19.232 | 20.116 | 21.547 |
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): | 47.71 | |
| MACD (12,26,9): | -0.1940 | |
| Directional Movement: | -0.821 | |
| AROON (14): | -57.143 | |
| DEMA (21): | 17.111 | |
| Parabolic SAR (0,02-0,02-0,2): | 16.315 | |
| Elder Ray (13): | -0.046 | |
| Super Trend (3,10): | 18.117 | |
| Zig ZAG (10): | 17.185 | |
| VORTEX (21): | 0.7830 | |
| Stochastique (14,3,5): | 33.15 | |
| TEMA (21): | 16.885 | |
| Williams %R (14): | -51.26 | |
| Chande Momentum Oscillator (20): | -0.315 | |
| Repulse (5,40,3): | 0.4040 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0680 | |
| Courbe Coppock: | 10.46 |
| MA7: | 16.917 | |
| MA20: | 17.452 | |
| MA50: | 17.235 | |
| MA100: | 18.085 | |
| MAexp7: | 17.030 | |
| MAexp20: | 17.303 | |
| MAexp50: | 17.483 | |
| MAexp100: | 17.922 | |
| Price / MA7: | +1.73% | |
| Price / MA20: | -1.39% | |
| Price / MA50: | -0.15% | |
| Price / MA100: | -4.84% | |
| Price / MAexp7: | +1.06% | |
| Price / MAexp20: | -0.54% | |
| Price / MAexp50: | -1.56% | |
| Price / MAexp100: | -3.97% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
The last news published on VALEO at the time of the generation of this analysis was as follows:
-
Valeo Pharma announces revenue guidance has been raised to a record 12.5 to 13 million in Q4
- VALEO PHARMA ENTERS INTO CANADIAN COMMERCIAL SERVICES AGREEMENT WITH VERU FOR SABIZABULIN IN HOSPITALIZED ADULT PATIENTS WITH COVID-19 AT HIGH RISK FOR ACUTE RESPIRATORY DISTRESS SYNDROME (ARDS)
-
Valeo Pharma closes 40-million-dollar financing to support 3 new drugs added to portfolio
-
Valeo Pharma sees 80% increase in revenue year over year as company reports Q2 financials
-
Valeo Pharma Inc presents at the Proactive One2One Virtual Forum - March 29th 2022
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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