BIOSENIC - 1H - Technical analysis published on 10/18/2023 (GMT)
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- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
56%
11%
33%
My opinion
Bearish under 0.0769 EUR
My targets
0.0547 EUR (-17.33%)
0.0533 EUR (-19.49%)
My analysis
The bearish basic trend is very strong on BIOSENIC but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 0.0769 EUR. Crossing the first support at 0.0547 EUR would be a sign of a further potential price plummet. Sellers would then use the next support located at 0.0533 EUR as an objective. Crossing it would then enable sellers to target 0.0242 EUR. Caution, a return to above the resistance located at 0.0769 EUR would be a sign of a possible consolidation phase of the short-term basic trend. 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.
In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
3.6
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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 BIOSENIC price is 0.0662 EUR. The price has increased by +8.53% since the last closing with the lowest point at 0.0610 EUR and the highest point at 0.0692 EUR. The deviation from the price is +8.52% for the low point and -4.34% for the high point.0.0610
0.0692
0.0662
Here is a more detailed summary of the historical variations registered by BIOSENIC:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this BIOSENIC chart shows a sharp bearish trend. 85.71% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 10 technical indicators on 18 studied are currently bullish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
Near support of channel
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.0242 | 0.0533 | 0.0662 | 0.0880 | 0.1240 | 0.1379 |
| Change (%) | -63.44% | -19.49% | - | +32.93% | +87.31% | +108.31% |
| Change | -0.0420 | -0.0129 | - | +0.0218 | +0.0578 | +0.0717 |
| Level | Major | Intermediate | - | Intermediate | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.0535 | 0.0573 | 0.0617 | 0.0655 | 0.0699 | 0.0737 | 0.0781 |
| Camarilla | 0.0640 | 0.0647 | 0.0655 | 0.0662 | 0.0670 | 0.0677 | 0.0685 |
| Woodie | 0.0539 | 0.0575 | 0.0621 | 0.0657 | 0.0703 | 0.0739 | 0.0785 |
| Fibonacci | 0.0573 | 0.0604 | 0.0623 | 0.0655 | 0.0686 | 0.0705 | 0.0737 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.0181 | 0.0403 | 0.0547 | 0.0769 | 0.0913 | 0.1135 | 0.1279 |
| Camarilla | 0.0591 | 0.0625 | 0.0659 | 0.0692 | 0.0726 | 0.0759 | 0.0793 |
| Woodie | 0.0143 | 0.0384 | 0.0509 | 0.0750 | 0.0875 | 0.1116 | 0.1241 |
| Fibonacci | 0.0403 | 0.0543 | 0.0629 | 0.0769 | 0.0909 | 0.0995 | 0.1135 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.1370 | -0.0570 | 0.0290 | 0.1090 | 0.1950 | 0.2750 | 0.3610 |
| Camarilla | 0.0694 | 0.0846 | 0.0998 | 0.1150 | 0.1302 | 0.1454 | 0.1607 |
| Woodie | -0.1340 | -0.0555 | 0.0320 | 0.1105 | 0.1980 | 0.2765 | 0.3640 |
| Fibonacci | -0.0570 | 0.0064 | 0.0456 | 0.1090 | 0.1724 | 0.2116 | 0.2750 |
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): | 44.07 | |
| MACD (12,26,9): | -0.0027 | |
| Directional Movement: | -13.3354 | |
| AROON (14): | 21.4286 | |
| DEMA (21): | 0.0625 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.0621 | |
| Elder Ray (13): | 0.0002 | |
| Super Trend (3,10): | 0.0697 | |
| Zig ZAG (10): | 0.0662 | |
| VORTEX (21): | 0.9455 | |
| Stochastique (14,3,5): | 64.74 | |
| TEMA (21): | 0.0648 | |
| Williams %R (14): | -36.59 | |
| Chande Momentum Oscillator (20): | 0.0034 | |
| Repulse (5,40,3): | -0.2374 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.8435 | |
| Courbe Coppock: | 5.72 |
| MA7: | 0.0809 | |
| MA20: | 0.0976 | |
| MA50: | 0.0603 | |
| MA100: | 0.0709 | |
| MAexp7: | 0.0660 | |
| MAexp20: | 0.0670 | |
| MAexp50: | 0.0752 | |
| MAexp100: | 0.0824 | |
| Price / MA7: | -18.17% | |
| Price / MA20: | -32.17% | |
| Price / MA50: | +9.78% | |
| Price / MA100: | -6.63% | |
| Price / MAexp7: | +0.30% | |
| Price / MAexp20: | -1.19% | |
| Price / MAexp50: | -11.97% | |
| Price / MAexp100: | -19.66% |
Quotes :
-
15 min delayed data
-
Euronext Bruxelles
News
Don't forget to follow the news on BIOSENIC. At the time of publication of this analysis, the latest news was as follows:
- BioSenic to draw the final tranches of its present Global Tech Opportunities 15 convertible bonds program and secure runway end of January 2024
- Correction: BioSenic S.A. : Transparency notifications received from François Rieger, Véronique Pomi, FA Dièse 3 SAS and Capital Grand Est SAS
- BioSenic S.A. : Transparency notifications received from François Rieger, Véronique Pomi, FA Dièse 3 SAS and Capital Grand Est SAS
- BioSenic S.A. : Information on the total number of voting rights and shares
- BioSenic receives a Chinese patent with broad claims, protecting the combined use of metal ions and arsenic salts to treat a wide range of serious diseases
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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