NOVACYT

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	ALNOV
ISIN:	FR0010397232

NOVACYT - 1H - Technical analysis published on 04/18/2024 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

72%

11%

17%

My opinion

Bullish above 0.757 EUR

My targets

0.830 EUR (+6.55%)

0.949 EUR (+21.82%)

My analysis

NOVACYT is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.757 EUR. The next resistance located at 0.830 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.949 EUR. After this resistance, buyers could then target 1.730 EUR. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

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.

This analysis was given by pierrott. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The NOVACYT price is 0.779 EUR. The price registered an increase of +9.10% on the session and was traded between 0.746 EUR and 0.780 EUR over the period. The price is currently at +4.42% from its lowest and -0.13% from its highest.

0.746

0.780

0.779

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The study of the highest / lowest by the Central Records scanner shows the following results:

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of NOVACYT indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 13 technical indicators on 18 studied are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.652	0.690	0.705	0.779	0.830	0.949	1.730
Change (%)	-16.30%	-11.42%	-9.50%	-	+6.55%	+21.82%	+122.08%
Change	-0.127	-0.089	-0.074	-	+0.051	+0.170	+0.951
Level	Minor	Minor	Minor	-	Minor	Intermediate	Minor

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.522	0.577	0.645	0.700	0.768	0.823	0.891
Camarilla	0.680	0.692	0.703	0.714	0.725	0.737	0.748
Woodie	0.530	0.580	0.653	0.703	0.776	0.826	0.899
Fibonacci	0.577	0.624	0.653	0.700	0.747	0.776	0.823

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.412	0.460	0.527	0.575	0.642	0.690	0.757
Camarilla	0.561	0.572	0.583	0.593	0.604	0.614	0.625
Woodie	0.421	0.465	0.536	0.580	0.651	0.695	0.766
Fibonacci	0.460	0.504	0.531	0.575	0.619	0.646	0.690

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.440	0.466	0.492	0.518	0.544	0.570	0.596
Camarilla	0.503	0.508	0.512	0.517	0.522	0.527	0.531
Woodie	0.439	0.466	0.491	0.518	0.543	0.570	0.595
Fibonacci	0.466	0.486	0.499	0.518	0.538	0.551	0.570

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):	66.46
MACD (12,26,9):	0.0320
Directional Movement:	24.974
AROON (14):	71.428
DEMA (21):	0.717
Parabolic SAR (0,02-0,02-0,2):	0.683
Elder Ray (13):	0.020
Super Trend (3,10):	0.661
Zig ZAG (10):	0.714
VORTEX (21):	1.1190
Stochastique (14,3,5):	77.42
TEMA (21):	0.733
Williams %R (14):	-32.26
Chande Momentum Oscillator (20):	0.072
Repulse (5,40,3):	-1.0230
ROCnROLL:	1
TRIX (15,9):	0.6110
Courbe Coppock:	25.38

MA7:	0.626
MA20:	0.557
MA50:	0.548
MA100:	0.613
MAexp7:	0.713
MAexp20:	0.677
MAexp50:	0.635
MAexp100:	0.601
Price / MA7:	+24.44%
Price / MA20:	+39.86%
Price / MA50:	+42.15%
Price / MA100:	+27.08%
Price / MAexp7:	+9.26%
Price / MAexp20:	+15.07%
Price / MAexp50:	+22.68%
Price / MAexp100:	+29.62%

Quotes : - 15 min delayed data - Euronext Paris

News

Don't forget to follow the news on NOVACYT. At the time of publication of this analysis, the latest news was as follows:

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

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