VALNEVA

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	VLA
ISIN:	FR0004056851

VALNEVA - Daily - Technical analysis published on 06/30/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

33%

28%

39%

My opinion

Bullish above 6.173 EUR

My targets

7.083 EUR (+5.84%)

7.620 EUR (+13.87%)

My analysis

VALNEVA 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 6.173 EUR. The next resistance located at 7.083 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 7.620 EUR. After this resistance, buyers could then target 7.886 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 not called into question, despite technical indicators being indecisive.

Force

6.3

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.

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Additional analysis

Quotes

VALNEVA rating 6.692 EUR. The price registered a decrease of -0.03% on the session and was between 6.520 EUR and 6.748 EUR. This implies that the price is at +2.64% from its lowest and at -0.83% from its highest.

6.520

6.748

6.692

The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.

Opening Gap DOWN

Type : Bearish

Timeframe : Openning

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

Technical

A technical analysis in Daily of this VALNEVA chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 6 are bullish, 7 are neutral and 5 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal support

Type : Bullish

Timeframe : Daily

Near support of channel

Type : Bullish

Timeframe : Daily

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	4.209	5.204	5.892	6.692	6.696	7.083	7.620
Change (%)	-37.10%	-22.24%	-11.95%	-	+0.06%	+5.84%	+13.87%
Change	-2.483	-1.488	-0.800	-	+0.004	+0.391	+0.928
Level	Minor	Major	Major	-	Intermediate	Major	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	6.343	6.509	6.601	6.767	6.859	7.025	7.117
Camarilla	6.623	6.647	6.670	6.694	6.718	6.741	6.765
Woodie	6.307	6.491	6.565	6.749	6.823	7.007	7.081
Fibonacci	6.509	6.607	6.668	6.767	6.865	6.926	7.025

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	5.604	6.156	6.742	7.294	7.880	8.432	9.018
Camarilla	7.015	7.119	7.224	7.328	7.432	7.537	7.641
Woodie	5.621	6.165	6.759	7.303	7.897	8.441	9.035
Fibonacci	6.156	6.591	6.859	7.294	7.729	7.997	8.432

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.021	2.985	4.097	5.061	6.173	7.137	8.249
Camarilla	4.637	4.827	5.018	5.208	5.398	5.589	5.779
Woodie	2.094	3.022	4.170	5.098	6.246	7.174	8.322
Fibonacci	2.985	3.778	4.268	5.061	5.854	6.344	7.137

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):	55.73
MACD (12,26,9):	0.3200
Directional Movement:	9.701
AROON (14):	42.857
DEMA (21):	7.075
Parabolic SAR (0,02-0,02-0,2):	7.647
Elder Ray (13):	-0.152
Super Trend (3,10):	6.390
Zig ZAG (10):	6.700
VORTEX (21):	1.1590
Stochastique (14,3,5):	37.88
TEMA (21):	7.125
Williams %R (14):	-68.46
Chande Momentum Oscillator (20):	0.036
Repulse (5,40,3):	-2.3940
ROCnROLL:	-1
TRIX (15,9):	0.9560
Courbe Coppock:	28.84

MA7:	6.957
MA20:	6.642
MA50:	5.831
MA100:	5.577
MAexp7:	6.847
MAexp20:	6.624
MAexp50:	6.115
MAexp100:	5.992
Price / MA7:	-3.81%
Price / MA20:	+0.75%
Price / MA50:	+14.77%
Price / MA100:	+19.99%
Price / MAexp7:	-2.26%
Price / MAexp20:	+1.03%
Price / MAexp50:	+9.44%
Price / MAexp100:	+11.68%

Quotes : - 15 min delayed data - Euronext Paris

News

The latest news and videos published on VALNEVA at the time of the analysis were as follows:

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

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