GENSIGHT BIOLOGICS - 1H - Technical analysis published on 09/23/2024 (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
50%
17%
33%
My opinion
Bullish above 0.3802 EUR
My targets
0.3974 EUR (+1.12%)
0.4213 EUR (+7.20%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on GENSIGHT BIOLOGICS as long as the price remains well above 0.3802 EUR. The buyers' bullish objective is set at 0.3974 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.4213 EUR. If there is any crossing, the next objective would be the resistance located at 0.4500 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
6.4
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
GENSIGHT BIOLOGICS rating 0.3930 EUR. The price has increased by +1.81% since the last closing and was between 0.3900 EUR and 0.3940 EUR. This implies that the price is at +0.77% from its lowest and at -0.25% from its highest.0.3900
0.3940
0.3930
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 1H chart of GENSIGHT BIOLOGICS indicates that the overall trend is strongly bullish. 85.71% 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, only 9 technical indicators out of 18 studied are currently bullish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near support of triangle
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 0.3390 | 0.3615 | 0.3802 | 0.3930 | 0.3974 | 0.4213 | 0.4500 |
Change (%) | -13.74% | -8.02% | -3.26% | - | +1.12% | +7.20% | +14.50% |
Change | -0.0540 | -0.0315 | -0.0128 | - | +0.0044 | +0.0283 | +0.0570 |
Level | Major | Major | Intermediate | - | Intermediate | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.3480 | 0.3600 | 0.3730 | 0.3850 | 0.3980 | 0.4100 | 0.4230 |
Camarilla | 0.3791 | 0.3814 | 0.3837 | 0.3860 | 0.3883 | 0.3906 | 0.3929 |
Woodie | 0.3485 | 0.3603 | 0.3735 | 0.3853 | 0.3985 | 0.4103 | 0.4235 |
Fibonacci | 0.3600 | 0.3696 | 0.3755 | 0.3850 | 0.3946 | 0.4005 | 0.4100 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.2683 | 0.3167 | 0.3513 | 0.3997 | 0.4343 | 0.4827 | 0.5173 |
Camarilla | 0.3632 | 0.3708 | 0.3784 | 0.3860 | 0.3936 | 0.4012 | 0.4088 |
Woodie | 0.2615 | 0.3133 | 0.3445 | 0.3963 | 0.4275 | 0.4793 | 0.5105 |
Fibonacci | 0.3167 | 0.3484 | 0.3680 | 0.3997 | 0.4314 | 0.4510 | 0.4827 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.0908 | 0.1912 | 0.2953 | 0.3957 | 0.4998 | 0.6002 | 0.7043 |
Camarilla | 0.3433 | 0.3620 | 0.3808 | 0.3995 | 0.4183 | 0.4370 | 0.4557 |
Woodie | 0.0928 | 0.1921 | 0.2973 | 0.3966 | 0.5018 | 0.6011 | 0.7063 |
Fibonacci | 0.1912 | 0.2693 | 0.3176 | 0.3957 | 0.4738 | 0.5221 | 0.6002 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
RSI (14): | 54.11 | |
MACD (12,26,9): | 0.0026 | |
Directional Movement: | 14.2354 | |
AROON (14): | 14.2857 | |
DEMA (21): | 0.3905 | |
Parabolic SAR (0,02-0,02-0,2): | 0.4258 | |
Elder Ray (13): | 0.0034 | |
Super Trend (3,10): | 0.4219 | |
Zig ZAG (10): | 0.3935 | |
VORTEX (21): | 0.9663 | |
Stochastique (14,3,5): | 28.76 | |
TEMA (21): | 0.3917 | |
Williams %R (14): | -70.97 | |
Chande Momentum Oscillator (20): | -0.0245 | |
Repulse (5,40,3): | 0.4466 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.0896 | |
Courbe Coppock: | 4.14 |
MA7: | 0.3851 | |
MA20: | 0.3876 | |
MA50: | 0.3522 | |
MA100: | 0.3538 | |
MAexp7: | 0.3899 | |
MAexp20: | 0.3872 | |
MAexp50: | 0.3839 | |
MAexp100: | 0.3819 | |
Price / MA7: | +2.05% | |
Price / MA20: | +1.39% | |
Price / MA50: | +11.58% | |
Price / MA100: | +11.08% | |
Price / MAexp7: | +0.80% | |
Price / MAexp20: | +1.50% | |
Price / MAexp50: | +2.37% | |
Price / MAexp100: | +2.91% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
The latest news and videos published on GENSIGHT BIOLOGICS at the time of the analysis were as follows:
- GenSight Biologics Obtains Funding of €10 Million From Sofinnova Partners, Invus and UPMC Enterprises
- GenSight Biologics Provides Financial and Operational Update
- GenSight Biologics: Annual General Meeting on June 21, 2023
- GenSight Biologics Announces the Filing of its 2022 Universal Registration Document and Reschedules its Annual General Meeting on June 21, 2023
- GenSight Biologics Announces the Re-approval of its Full Year 2022 Consolidated Financial Statements
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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