FIBROGEN INC
FIBROGEN INC
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
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High: -
High / Low range: -
Type: Stocks
Ticker: FGEN
ISIN:

FIBROGEN INC - Daily - Technical analysis published on 11/18/2019 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Strongly bearish
Technical indicators
28%
39%
33%
My opinion
Bearish under 41.63 USD
My targets
35.17 USD (-4.92%)
26.22 USD (-29.12%)
My analysis
The bearish trend is currently very strong for FIBROGEN INC. As long as the price remains below the resistance at 41.63 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 35.17 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 26.22 USD as an objective. Crossing it would then enable sellers to target 22.14 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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 bearish sentiment is not called into question, despite technical indicators being neutral.
FORCE
0
10
6.4

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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The FIBROGEN INC rating is 36.99 USD. On the day, this instrument gained +5.75% and was between 35.01 USD and 37.59 USD. This implies that the price is at +5.66% from its lowest and at -1.60% from its highest.

35.01
37.59
36.99

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by FIBROGEN INC:
The Central Volumes scanner detects abnormal volumes on the asset:

Central Volumes

Abnormal volumes

Timeframe : 5 days

Technical


Technical analysis of FIBROGEN INC in Daily shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish 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, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 6 are neutral and 7 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily


Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : Daily


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

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

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



The analysis of the price chart with Central Patterns scanners does not return any result.

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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 22.14 26.22 35.17 36.99 41.63 48.50 59.98
Change (%) -40.15% -29.12% -4.92% - +12.54% +31.12% +62.15%
Change -14.85 -10.77 -1.82 - +4.64 +11.51 +22.99
Level Minor Minor Major - Major 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
Standard32.3933.1134.0534.7735.7136.4337.37
Camarilla34.5234.6834.8334.9835.1335.2835.44
Woodie32.4933.1734.1534.8335.8136.4937.47
Fibonacci33.1133.7534.1434.7735.4135.8036.43


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard19.0126.2633.9441.1948.8756.1263.80
Camarilla37.5138.8840.2541.6242.9944.3645.73
Woodie19.2226.3734.1641.3049.0956.2364.02
Fibonacci26.2631.9635.4941.1946.8950.4256.12


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard29.2331.9335.5438.2441.8544.5548.16
Camarilla37.4237.9938.5739.1539.7340.3140.89
Woodie29.6932.1636.0038.4742.3144.7848.62
Fibonacci31.9334.3435.8338.2440.6542.1444.55

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): 46.99
MACD (12,26,9): -0.8400
Directional Movement: 7.12
AROON (14): -14.28
DEMA (21): 36.80
Parabolic SAR (0,02-0,02-0,2): 46.58
Elder Ray (13): -1.00
Super Trend (3,10): 31.01
Zig ZAG (10): 36.99
VORTEX (21): 0.9100
Stochastique (14,3,5): 19.77
TEMA (21): 36.46
Williams %R (14): -71.08
Chande Momentum Oscillator (20): -2.22
Repulse (5,40,3): 3.1900
ROCnROLL: 2
TRIX (15,9): -0.1400
Courbe Coppock: 15.08
MA7: 36.73
MA20: 38.41
MA50: 38.71
MA100: 41.94
MAexp7: 36.58
MAexp20: 37.76
MAexp50: 39.09
MAexp100: 40.84
Price / MA7: +0.71%
Price / MA20: -3.70%
Price / MA50: -4.44%
Price / MA100: -11.80%
Price / MAexp7: +1.12%
Price / MAexp20: -2.04%
Price / MAexp50: -5.37%
Price / MAexp100: -9.43%

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

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