PHARMA MAR
PHARMA MAR
- EUR (-)
- 15 min delayed data - Spain Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: PHM
ISIN: ES0169501022

PHARMA MAR - Daily - Technical analysis published on 03/10/2020 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Court terme: Bearish
De fond: Bullish
Technical indicators
28%
28%
44%
My opinion
Bullish above 3.750 EUR
My targets
4.309 EUR (+5.92%)
4.968 EUR (+22.12%)
My analysis
With a bullish background trend, the price of PHARMA MAR is trying to inflate a little with a slight short-term relapse. At this stage, no trend reversal is in sight. Globally, buyers have the upper hand. Traders could allow themselves to trade long positions (at the time of purchase) as long as the price remains above the support located at 3.750 EUR. A bullish break in the resistance located at 4.309 EUR would boost the bullish momentum and fuel the basic trend. Then the price could move towards 4.968 EUR. Then by extension. It would be safer to wait for a bullish break in the resistance located at 4.309 EUR before allowing yourself to re trade long positions (at purchase) on PHARMA MAR. PS: if there is a bearish break in the support located at 3.750 EUR we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
FORCE
0
10
1.4

Complete this analysis for another time unit:
15 min. 1H Weekly
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.

Additional analysis

Quotes

PHARMA MAR rating 4.068 EUR. On the day, this instrument lost -0.05% with the lowest point at 3.870 EUR and the highest point at 4.270 EUR. The deviation from the price is +5.12% for the low point and -4.73% for the high point.

3.870
4.270
4.068

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

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
Abnormal volumes on PHARMA MAR were detected by the Central Volumes scanner:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of PHARMA MAR in Daily shows an overall bullish trend. 67.86% of the signals given by moving averages are bullish. Caution: the current slightly bearish signals from short-term moving averages indicate that the overall trend may be slowing down. An assessment of moving averages reveals several bearish signals that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : Daily


Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : Daily


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : Daily


Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : Daily


Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : Daily



An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

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

Central Indicators

RSI indicator is back under 50

Type : Bearish

Timeframe : Daily


MACD indicator is back under 0

Type : Bearish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Price is back under the pivot point

Type : Bearish

Timeframe : Daily


Momentum indicator is back under 0

Type : Bearish

Timeframe : Daily


Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : Daily


Resistance of channel is broken

Type : Bullish

Timeframe : Daily



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 2.405 3.039 3.750 4.068 4.309 4.968 5.563
Change (%) -40.88% -25.29% -7.82% - +5.92% +22.12% +36.75%
Change -1.663 -1.029 -0.318 - +0.241 +0.900 +1.495
Level Major Intermediate Major - Major Major Minor



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3.0473.5233.7974.2734.5475.0235.297
Camarilla3.8643.9334.0014.0704.1394.2084.276
Woodie2.9453.4733.6954.2234.4454.9735.195
Fibonacci3.5233.8103.9874.2734.5604.7375.023


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3.0213.4154.0014.3954.9815.3755.961
Camarilla4.3174.4064.4964.5864.6764.7664.856
Woodie3.1163.4634.0964.4435.0765.4236.056
Fibonacci3.4153.7904.0214.3954.7705.0015.375


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.0012.8153.3734.1874.7455.5596.117
Camarilla3.5553.6813.8063.9324.0584.1844.309
Woodie1.8742.7513.2464.1234.6185.4955.990
Fibonacci2.8153.3393.6634.1874.7115.0355.559

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): 47.86
MACD (12,26,9): -0.0150
Directional Movement: 3.570
AROON (14): -35.714
DEMA (21): 4.199
Parabolic SAR (0,02-0,02-0,2): 3.780
Elder Ray (13): -0.099
Super Trend (3,10): 4.639
Zig ZAG (10): 4.066
VORTEX (21): 0.8990
Stochastique (14,3,5): 48.59
TEMA (21): 4.034
Williams %R (14): -62.31
Chande Momentum Oscillator (20): -0.170
Repulse (5,40,3): -12.2580
ROCnROLL: -1
TRIX (15,9): -0.0040
Courbe Coppock: 17.98
MA7: 4.156
MA20: 4.286
MA50: 4.166
MA100: 3.176
MAexp7: 4.144
MAexp20: 4.188
MAexp50: 3.962
MAexp100: 3.440
Price / MA7: -2.12%
Price / MA20: -5.09%
Price / MA50: -2.35%
Price / MA100: +28.09%
Price / MAexp7: -1.83%
Price / MAexp20: -2.87%
Price / MAexp50: +2.68%
Price / MAexp100: +18.26%

News


The latest news and videos published on PHARMA MAR 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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