BIOSENIC

- EUR (-)

- 15 min delayed data - Euronext Bruxelles

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	BIOS
ISIN:	BE0974280126

BIOSENIC - Daily - Technical analysis published on 08/10/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Neutral

Technical indicators

72%

11%

17%

My opinion

Bullish above 0.2807 EUR

My targets

0.5470 EUR (+76.45%)

0.6930 EUR (+123.55%)

My analysis

The strong short-term increase of BONE THERAPEUTICS should quickly allow the basic trend to become bullish. As long as the price remains above the support located at 0.2807 EUR, a purchase could be considered. The first bullish objective is located at 0.5470 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers could then target the resistance located at 0.6930 EUR. If there is any crossing, the next objective would be the resistance at 1.0320 EUR. Caution, if there is a return under 0.2807 EUR, it should not be forgotten that the basic trend is not yet clear. Caution would then be required.

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

3.4

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.

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Additional analysis

Quotes

BONE THERAPEUTICS rating 0.3100 EUR. The price registered an increase of +32.76% on the session and was between 0.2800 EUR and 0.3485 EUR. This implies that the price is at +10.71% from its lowest and at -11.05% from its highest.

0.2800

0.3485

0.3100

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Opening Gap UP

Type : Bullish

Timeframe : Openning

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, which identifies the highest / lowest, has detected several elements:

New LOW record (5 years)

Type : Bearish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of BONE THERAPEUTICS indicates that the overall trend is not clearly defined. The trend could quickly turn bullish due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily

In fact, 13 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

MACD indicator: bullish divergence

Type : Bullish

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily

Aroon indicator bullish trend

Type : Bullish

Timeframe : Daily

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Daily

SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : Daily

MACD indicator is back over 0

Type : Bullish

Timeframe : Daily

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of these bullish patterns in Japanese candlesticks:

Long white line

Type : Bullish

Timeframe : Daily

Abandoned baby morning star

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S1	Price	R1	R2	R3
ProTrendLines	0.2420	0.3100	0.5470	0.6930	1.0320
Change (%)	-21.94%	-	+76.45%	+123.55%	+232.90%
Change	-0.0680	-	+0.2370	+0.3830	+0.7220
Level	Major	-	Intermediate	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	0.2123	0.2212	0.2273	0.2362	0.2423	0.2512	0.2573
Camarilla	0.2294	0.2308	0.2321	0.2335	0.2349	0.2363	0.2376
Woodie	0.2110	0.2205	0.2260	0.2355	0.2410	0.2505	0.2560
Fibonacci	0.2212	0.2269	0.2304	0.2362	0.2419	0.2454	0.2512

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.2273	0.2367	0.2463	0.2557	0.2653	0.2747	0.2843
Camarilla	0.2508	0.2525	0.2543	0.2560	0.2577	0.2595	0.2612
Woodie	0.2275	0.2368	0.2465	0.2558	0.2655	0.2748	0.2845
Fibonacci	0.2367	0.2439	0.2484	0.2557	0.2629	0.2674	0.2747

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.2013	0.2207	0.2313	0.2507	0.2613	0.2807	0.2913
Camarilla	0.2338	0.2365	0.2393	0.2420	0.2448	0.2475	0.2503
Woodie	0.1970	0.2185	0.2270	0.2485	0.2570	0.2785	0.2870
Fibonacci	0.2207	0.2321	0.2392	0.2507	0.2621	0.2692	0.2807

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):	64.61
MACD (12,26,9):	0.0001
Directional Movement:	27.9256
AROON (14):	7.1429
DEMA (21):	0.2569
Parabolic SAR (0,02-0,02-0,2):	0.2300
Elder Ray (13):	0.0545
Super Trend (3,10):	0.2414
Zig ZAG (10):	0.3100
VORTEX (21):	0.9425
Stochastique (14,3,5):	37.43
TEMA (21):	0.2646
Williams %R (14):	-32.49
Chande Momentum Oscillator (20):	0.0595
Repulse (5,40,3):	-4.8129
ROCnROLL:	1
TRIX (15,9):	-0.2172
Courbe Coppock:	6.40

MA7:	0.2609
MA20:	0.2551
MA50:	0.2665
MA100:	0.3079
MAexp7:	0.2643
MAexp20:	0.2591
MAexp50:	0.2735
MAexp100:	0.3472
Price / MA7:	+18.82%
Price / MA20:	+21.52%
Price / MA50:	+16.32%
Price / MA100:	+0.68%
Price / MAexp7:	+17.29%
Price / MAexp20:	+19.64%
Price / MAexp50:	+13.35%
Price / MAexp100:	-10.71%

Quotes : - 15 min delayed data - Euronext Bruxelles

News

The latest news and videos published on BONE THERAPEUTICS 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.

About author

Londinia AI

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