ABIVAX
ABIVAX
- EUR (-)
- 15 min delayed data - Euronext Paris
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: ABVX
ISIN: FR0012333284

ABIVAX - 1H - Technical analysis published on 08/15/2023 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 17.35 EUR
My targets
18.02 EUR (+1.92%)
18.20 EUR (+2.94%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on ABIVAX. This is a positive signal for buyers. As long as the price remains above 17.35 EUR, a purchase could be considered. The first bullish objective is located at 18.02 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 18.20 EUR as an objective. Crossing it would then enable buyers to target 19.20 EUR. In the event of a return below 17.35 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
7.1

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 Londinia. Take part yourself by sharing additional analysis on another time unit:
Daily Weekly

Additional analysis

Quotes

ABIVAX rating 17.68 EUR. The price registered an increase of +3.03% on the session with the lowest point at 17.16 EUR and the highest point at 17.96 EUR. The deviation from the price is +3.03% for the low point and -1.56% for the high point.

17.16
17.96
17.68

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.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by ABIVAX:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this ABIVAX chart shows a bullish trend. 78.57% 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. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 100

Type : Bearish

Timeframe : 1 hour



The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

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

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 16.75 17.10 17.35 17.68 17.72 18.02 18.20
Change (%) -5.26% -3.28% -1.87% - +0.23% +1.92% +2.94%
Change -0.93 -0.58 -0.33 - +0.04 +0.34 +0.52
Level Intermediate Minor Minor - Minor Intermediate Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard16.0616.2816.7216.9417.3817.6018.04
Camarilla16.9817.0417.1017.1617.2217.2817.34
Woodie16.1716.3416.8317.0017.4917.6618.15
Fibonacci16.2816.5316.6916.9417.1917.3517.60


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard15.5915.9116.1916.5116.7917.1117.39
Camarilla16.3216.3716.4316.4816.5416.5916.65
Woodie15.5815.9016.1816.5016.7817.1017.38
Fibonacci15.9116.1416.2816.5116.7416.8817.11


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard12.5513.8115.6716.9318.7920.0521.91
Camarilla16.6616.9517.2317.5217.8118.0918.38
Woodie12.8413.9615.9617.0819.0820.2022.20
Fibonacci13.8115.0115.7416.9318.1318.8620.05

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): 68.76
MACD (12,26,9): 0.3100
Directional Movement: 23.55
AROON (14): 78.57
DEMA (21): 17.46
Parabolic SAR (0,02-0,02-0,2): 17.29
Elder Ray (13): 0.30
Super Trend (3,10): 17.06
Zig ZAG (10): 17.64
VORTEX (21): 1.1500
Stochastique (14,3,5): 78.92
TEMA (21): 17.72
Williams %R (14): -21.92
Chande Momentum Oscillator (20): 0.98
Repulse (5,40,3): 0.9600
ROCnROLL: 1
TRIX (15,9): 0.1800
Courbe Coppock: 12.00
MA7: 16.68
MA20: 16.98
MA50: 16.26
MA100: 15.16
MAexp7: 17.52
MAexp20: 17.11
MAexp50: 16.88
MAexp100: 16.86
Price / MA7: +6.00%
Price / MA20: +4.12%
Price / MA50: +8.73%
Price / MA100: +16.62%
Price / MAexp7: +0.91%
Price / MAexp20: +3.33%
Price / MAexp50: +4.74%
Price / MAexp100: +4.86%

Quotes : - 15 min delayed data - Euronext Paris

This member declared not having a position on this financial instrument or a related financial instrument.

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