VANDA PHARMACEUTICALS INC. - Daily - Technical analysis published on 08/29/2019 (GMT)
- 316
- 0
- Who voted?
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : Daily
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bearish
Technical indicators
22%
50%
28%
My opinion
Bearish under 16.05 USD
My targets
12.87 USD (-10.25%)
10.43 USD (-27.27%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 16.05 USD remains possible. It is advisable to trade VANDA PHARMACEUTICALS INC. with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 16.05 USD. The next bearish objective for sellers is set at 12.87 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 10.43 USD. In case of crossing, the next objective would be the support located at 7.23 USD. PS: if there is a bullish break in the resistance located at 16.05 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The VANDA PHARMACEUTICALS INC. price is 14.34 USD. On the day, this instrument gained +1.63% and was traded between 13.83 USD and 14.64 USD over the period. The price is currently at +3.69% from its lowest and -2.05% from its highest.13.83
14.64
14.34
The Central Gaps scanner detects a bullish 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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
A technical analysis in Daily of this VANDA PHARMACEUTICALS INC. chart shows a bearish trend. 75% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. An assessment of moving averages reveals several bearish signals that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : Daily
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : Daily
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : Daily
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : Daily
On the 18 technical indicators analysed, 4 are bullish, 5 are neutral and 9 are bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
RSI indicator is back under 50
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 7.23 | 10.43 | 12.87 | 14.34 | 16.05 | 18.73 | 23.78 |
| Change (%) | -49.58% | -27.27% | -10.25% | - | +11.92% | +30.61% | +65.83% |
| Change | -7.11 | -3.91 | -1.47 | - | +1.71 | +4.39 | +9.44 |
| Level | Major | Major | Intermediate | - | Major | Major | Minor |
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 | 12.97 | 13.51 | 13.81 | 14.35 | 14.65 | 15.19 | 15.49 |
| Camarilla | 13.88 | 13.96 | 14.03 | 14.11 | 14.19 | 14.26 | 14.34 |
| Woodie | 12.85 | 13.45 | 13.69 | 14.29 | 14.53 | 15.13 | 15.37 |
| Fibonacci | 13.51 | 13.83 | 14.03 | 14.35 | 14.67 | 14.87 | 15.19 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12.59 | 13.39 | 13.94 | 14.74 | 15.29 | 16.09 | 16.64 |
| Camarilla | 14.11 | 14.23 | 14.36 | 14.48 | 14.60 | 14.73 | 14.85 |
| Woodie | 12.46 | 13.33 | 13.81 | 14.68 | 15.16 | 16.03 | 16.51 |
| Fibonacci | 13.39 | 13.91 | 14.23 | 14.74 | 15.26 | 15.58 | 16.09 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8.70 | 10.26 | 11.36 | 12.92 | 14.02 | 15.58 | 16.68 |
| Camarilla | 11.72 | 11.96 | 12.21 | 12.45 | 12.69 | 12.94 | 13.18 |
| Woodie | 8.46 | 10.15 | 11.12 | 12.81 | 13.78 | 15.47 | 16.44 |
| Fibonacci | 10.26 | 11.28 | 11.91 | 12.92 | 13.94 | 14.57 | 15.58 |
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): | 48.01 | |
| MACD (12,26,9): | 0.1300 | |
| Directional Movement: | -6.93 | |
| AROON (14): | -100.00 | |
| DEMA (21): | 14.81 | |
| Parabolic SAR (0,02-0,02-0,2): | 13.48 | |
| Elder Ray (13): | -0.42 | |
| Super Trend (3,10): | 12.95 | |
| Zig ZAG (10): | 14.34 | |
| VORTEX (21): | 0.9600 | |
| Stochastique (14,3,5): | 27.87 | |
| TEMA (21): | 14.85 | |
| Williams %R (14): | -70.35 | |
| Chande Momentum Oscillator (20): | -0.70 | |
| Repulse (5,40,3): | -1.8900 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.3000 | |
| Courbe Coppock: | 3.33 |
| MA7: | 14.65 | |
| MA20: | 14.99 | |
| MA50: | 14.08 | |
| MA100: | 15.01 | |
| MAexp7: | 14.58 | |
| MAexp20: | 14.59 | |
| MAexp50: | 14.55 | |
| MAexp100: | 15.53 | |
| Price / MA7: | -2.12% | |
| Price / MA20: | -4.34% | |
| Price / MA50: | +1.85% | |
| Price / MA100: | -4.46% | |
| Price / MAexp7: | -1.65% | |
| Price / MAexp20: | -1.71% | |
| Price / MAexp50: | -1.44% | |
| Price / MAexp100: | -7.66% |
News
The last news published on VANDA PHARMACEUTICALS INC. at the time of the generation of this analysis was as follows:
- Vanda Pharmaceuticals Announces the Appointments of a Chief Corporate Affairs and Communications Officer and a Chief Marketing Officer
- Vanda Pharmaceuticals FDA Update for HETLIOZ® in the Treatment of Jet Lag Disorder
- Vanda Pharmaceuticals Reports Second Quarter 2019 Financial Results
- Vanda Pharmaceuticals to Announce Second Quarter 2019 Financial Results on July 31, 2019
- Vanda Pharmaceuticals FDA Update for HETLIOZ® in the Treatment of Jet Lag Disorder
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis VANDA PHARMACEUTICALS INC. - Daily