VIVORYON - Daily - Technical analysis published on 02/12/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 9.22 EUR
My targets
10.50 EUR (+8.36%)
11.30 EUR (+16.62%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on VIVORYON. This is a positive signal for buyers. As long as the price remains above 9.22 EUR, a purchase could be considered. The first bullish objective is located at 10.50 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 11.30 EUR as an objective. Crossing it would then enable buyers to target 12.92 EUR. In the event of a return below 9.22 EUR, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.
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
0
10
6.6
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Additional analysis
Quotes
The VIVORYON rating is 9.69 EUR. The price registered an increase of +6.37% on the session with the lowest point at 9.11 EUR and the highest point at 9.93 EUR. The deviation from the price is +6.37% for the low point and -2.42% for the high point.9.11
9.93
9.69
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this VIVORYON chart shows a bullish trend. 67.86% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish trend reversal : adaptative moving average 100
Type : Bullish
Timeframe : Daily
In fact, 17 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : Daily
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Horizontal resistance is broken
Type : Bullish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3.62 | 6.86 | 9.22 | 9.69 | 11.30 | 12.92 | 13.84 |
| Change (%) | -62.64% | -29.21% | -4.85% | - | +16.62% | +33.33% | +42.83% |
| Change | -6.07 | -2.83 | -0.47 | - | +1.61 | +3.23 | +4.15 |
| Level | Intermediate | Major | Intermediate | - | Intermediate | Intermediate | Major |
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 | 8.39 | 8.54 | 8.82 | 8.97 | 9.25 | 9.40 | 9.68 |
| Camarilla | 8.99 | 9.03 | 9.07 | 9.11 | 9.15 | 9.19 | 9.23 |
| Woodie | 8.47 | 8.57 | 8.90 | 9.00 | 9.33 | 9.43 | 9.76 |
| Fibonacci | 8.54 | 8.70 | 8.80 | 8.97 | 9.13 | 9.23 | 9.40 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.51 | 7.83 | 8.47 | 8.79 | 9.43 | 9.75 | 10.39 |
| Camarilla | 8.85 | 8.93 | 9.02 | 9.11 | 9.20 | 9.29 | 9.37 |
| Woodie | 7.67 | 7.91 | 8.63 | 8.87 | 9.59 | 9.83 | 10.55 |
| Fibonacci | 7.83 | 8.20 | 8.42 | 8.79 | 9.16 | 9.38 | 9.75 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.80 | 6.64 | 7.73 | 8.57 | 9.66 | 10.50 | 11.59 |
| Camarilla | 8.29 | 8.47 | 8.64 | 8.82 | 9.00 | 9.17 | 9.35 |
| Woodie | 5.93 | 6.70 | 7.86 | 8.63 | 9.79 | 10.56 | 11.72 |
| Fibonacci | 6.64 | 7.38 | 7.83 | 8.57 | 9.31 | 9.76 | 10.50 |
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): | 70.39 | |
| MACD (12,26,9): | 0.2600 | |
| Directional Movement: | 27.38 | |
| AROON (14): | 100.00 | |
| DEMA (21): | 8.94 | |
| Parabolic SAR (0,02-0,02-0,2): | 8.27 | |
| Elder Ray (13): | 0.75 | |
| Super Trend (3,10): | 8.14 | |
| Zig ZAG (10): | 9.76 | |
| VORTEX (21): | 1.1400 | |
| Stochastique (14,3,5): | 79.67 | |
| TEMA (21): | 9.10 | |
| Williams %R (14): | -9.55 | |
| Chande Momentum Oscillator (20): | 0.55 | |
| Repulse (5,40,3): | 13.5700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.3500 | |
| Courbe Coppock: | 14.47 |
| MA7: | 8.73 | |
| MA20: | 8.57 | |
| MA50: | 8.15 | |
| MA100: | 8.62 | |
| MAexp7: | 8.96 | |
| MAexp20: | 8.63 | |
| MAexp50: | 8.45 | |
| MAexp100: | 9.00 | |
| Price / MA7: | +11.00% | |
| Price / MA20: | +13.07% | |
| Price / MA50: | +18.90% | |
| Price / MA100: | +12.41% | |
| Price / MAexp7: | +8.15% | |
| Price / MAexp20: | +12.28% | |
| Price / MAexp50: | +14.67% | |
| Price / MAexp100: | +7.67% |
Quotes :
-
15 min delayed data
-
Euronext Amsterdam
News
The last news published on VIVORYON at the time of the generation of this analysis was as follows:
- Vivoryon Therapeutics N.V. to Host Investor Meetings in January 2024
- Vivoryon Therapeutics N.V. Reports Third Quarter 2023 Financial Results and Highlights Operational Progress
- Vivoryon Therapeutics N.V. to Report Q3 2023 Financial Results and Operational Progress on December 6, 2023
- Vivoryon Therapeutics N.V. to Present at Upcoming Investor Conference
- Vivoryon Therapeutics N.V. Provides Comprehensive Progress Report for Ongoing Varoglutamstat Clinical Program Following R&D Event and VIVA-MIND DSMB Dose Decision
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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