ARGENX SE
ARGENX SE
- EUR (-)
- 15 min delayed data - Euronext Bruxelles
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: ARGX
ISIN: NL0010832176

ARGENX SE - Daily - Technical analysis published on 07/25/2024 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 450.1 EUR
My targets
466.9 EUR (+2.10%)
491.8 EUR (+7.54%)
My analysis
The bullish trend is currently very strong on ARGENX SE. As long as the price remains above the support at 450.1 EUR, you could try to benefit from the boom. The first bullish objective is located at 466.9 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 491.8 EUR as an objective. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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
0
10
8.9

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:
15 min. 1H Weekly

Additional analysis

Quotes

The ARGENX SE rating is 457.3 EUR. On the day, this instrument gained +6.60% with the lowest point at 440.0 EUR and the highest point at 461.3 EUR. The deviation from the price is +3.93% for the low point and -0.87% for the high point.

440.0
461.3
457.3

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Central Gaps

Opening Gap UP

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

Central Records

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in Daily of this ARGENX SE 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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly


MACD crosses UP its Moving Average

Type : Bullish

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



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


ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 395.0 437.4 450.1 457.3 466.9 491.8
Change (%) -13.62% -4.35% -1.57% - +2.10% +7.54%
Change -62.3 -19.9 -7.2 - +9.6 +34.5
Level Major Major Minor - Minor Major



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
Standard413.7420.0424.5430.8435.3441.6446.1
Camarilla426.0427.0428.0429.0430.0431.0432.0
Woodie412.8419.6423.6430.4434.4441.2445.2
Fibonacci420.0424.1426.7430.8434.9437.5441.6


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard403.3411.5420.2428.4437.1445.3454.0
Camarilla424.2425.7427.3428.8430.4431.9433.5
Woodie403.5411.6420.4428.5437.3445.4454.2
Fibonacci411.5418.0422.0428.4434.9438.9445.3


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard259.2298.8353.7393.3448.2487.8542.7
Camarilla382.6391.3399.9408.6417.3425.9434.6
Woodie266.9302.6361.4397.1455.9491.6550.4
Fibonacci298.8334.9357.2393.3429.4451.7487.8

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): 76.50
MACD (12,26,9): 15.4000
Directional Movement: 25.3
AROON (14): 92.9
DEMA (21): 441.2
Parabolic SAR (0,02-0,02-0,2): 417.2
Elder Ray (13): 22.4
Super Trend (3,10): 410.9
Zig ZAG (10): 458.6
VORTEX (21): 1.0000
Stochastique (14,3,5): 83.60
TEMA (21): 443.8
Williams %R (14): -4.40
Chande Momentum Oscillator (20): 42.6
Repulse (5,40,3): 3.7000
ROCnROLL: 1
TRIX (15,9): 0.6000
Courbe Coppock: 12.00
MA7: 431.8
MA20: 421.2
MA50: 382.8
MA100: 367.8
MAexp7: 435.1
MAexp20: 420.4
MAexp50: 395.8
MAexp100: 383.4
Price / MA7: +5.91%
Price / MA20: +8.57%
Price / MA50: +19.46%
Price / MA100: +24.33%
Price / MAexp7: +5.10%
Price / MAexp20: +8.78%
Price / MAexp50: +15.54%
Price / MAexp100: +19.27%

Quotes : - 15 min delayed data - Euronext Bruxelles

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

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