NEWRON PHARMA N - 1H - Technical analysis published on 01/18/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bullish
Technical indicators
39%
39%
22%
My opinion
Bearish under 8.7100 CHF
My targets
8.0583 CHF (-5.64%)
7.2700 CHF (-14.87%)
My analysis
The current short-term bearish trend is expected to quickly reset the neutral or bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for NEWRON PHARMA N as long as the price remains well below 8.7100 CHF. The next bearish objective for sellers is set at 8.0583 CHF. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 7.2700 CHF. In case of crossing, the next objective would be the support located at 6.6000 CHF. As the basic trend is not clearly displayed, attention should be paid to the price response to the support located at 8.0583 CHF. With this support, against the trend traders who want to buy NEWRON PHARMA N on a buy signal from their trading strategy should not hesitate to act.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
0.7
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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 NEWRON PHARMA N price is 8.5400 CHF. The price registered an increase of +3.39% on the session and was between 7.6200 CHF and 9.1400 CHF. This implies that the price is at +12.07% from its lowest and at -6.56% from its highest.7.6200
9.1400
8.5400
A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by NEWRON PHARMA N:
New HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this NEWRON PHARMA N chart shows a slightly bullish trend. 53.57% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently being given by short-term moving averages indicate that this slightly bullish trend could be reversed. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 5.9236 | 6.6000 | 8.0583 | 8.5400 | 9.4400 | 10.5000 | 11.4500 |
| Change (%) | -30.64% | -22.72% | -5.64% | - | +10.54% | +22.95% | +34.07% |
| Change | -2.6164 | -1.9400 | -0.4817 | - | +0.9000 | +1.9600 | +2.9100 |
| Level | Major | Major | Major | - | Minor | Minor | 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 | 5.5933 | 6.7267 | 7.4933 | 8.6267 | 9.3933 | 10.5267 | 11.2933 |
| Camarilla | 7.7375 | 7.9117 | 8.0858 | 8.2600 | 8.4342 | 8.6083 | 8.7825 |
| Woodie | 5.4100 | 6.6350 | 7.3100 | 8.5350 | 9.2100 | 10.4350 | 11.1100 |
| Fibonacci | 6.7267 | 7.4525 | 7.9009 | 8.6267 | 9.3525 | 9.8009 | 10.5267 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.2200 | 4.6600 | 7.2700 | 8.7100 | 11.3200 | 12.7600 | 15.3700 |
| Camarilla | 8.7663 | 9.1375 | 9.5088 | 9.8800 | 10.2513 | 10.6225 | 10.9938 |
| Woodie | 3.8050 | 4.9525 | 7.8550 | 9.0025 | 11.9050 | 13.0525 | 15.9550 |
| Fibonacci | 4.6600 | 6.2071 | 7.1629 | 8.7100 | 10.2571 | 11.2129 | 12.7600 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.2367 | 3.7433 | 4.3467 | 4.8533 | 5.4567 | 5.9633 | 6.5667 |
| Camarilla | 4.6448 | 4.7465 | 4.8483 | 4.9500 | 5.0518 | 5.1535 | 5.2553 |
| Woodie | 3.2850 | 3.7675 | 4.3950 | 4.8775 | 5.5050 | 5.9875 | 6.6150 |
| Fibonacci | 3.7433 | 4.1674 | 4.4293 | 4.8533 | 5.2774 | 5.5393 | 5.9633 |
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): | 44.90 | |
| MACD (12,26,9): | -0.3396 | |
| Directional Movement: | -10.1711 | |
| AROON (14): | -85.7143 | |
| DEMA (21): | 8.5066 | |
| Parabolic SAR (0,02-0,02-0,2): | 7.6200 | |
| Elder Ray (13): | -0.1601 | |
| Super Trend (3,10): | 9.4687 | |
| Zig ZAG (10): | 8.6600 | |
| VORTEX (21): | 0.8270 | |
| Stochastique (14,3,5): | 29.37 | |
| TEMA (21): | 8.0515 | |
| Williams %R (14): | -61.90 | |
| Chande Momentum Oscillator (20): | -1.3900 | |
| Repulse (5,40,3): | 3.4343 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.4058 | |
| Courbe Coppock: | 31.77 |
| MA7: | 9.2014 | |
| MA20: | 6.6250 | |
| MA50: | 5.4902 | |
| MA100: | 5.3757 | |
| MAexp7: | 8.4605 | |
| MAexp20: | 8.8798 | |
| MAexp50: | 8.8469 | |
| MAexp100: | 8.0255 | |
| Price / MA7: | -7.19% | |
| Price / MA20: | +28.91% | |
| Price / MA50: | +55.55% | |
| Price / MA100: | +58.86% | |
| Price / MAexp7: | +0.94% | |
| Price / MAexp20: | -3.83% | |
| Price / MAexp50: | -3.47% | |
| Price / MAexp100: | +6.41% |
Quotes :
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15 min delayed data
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Switzerland SWX Stocks
News
Don't forget to follow the news on NEWRON PHARMA N. At the time of publication of this analysis, the latest news was as follows:
- EQS-News: Newron reports exceptional one-year results of study 014/15 with evenamide in treatment-resistant schizophrenia (TRS)
- EQS-News: Newron completes enrollment of schizophrenia patients in potentially pivotal study 008A with Evenamide
- EQS-News: Newron TRS study 6 months’ results: Evenamide substantially improves patients to an extent that they no longer meet protocol entry criteria
- EQS-News: Newron to present three posters on its clinical program evaluating evenamide in the treatment of schizophrenia at the 36th European College of Neuropsychopharmacology Congress
- EQS-News: Newron appoints Margarita Chavez as board advisor
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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