NEUROBO PHARMACEUTICALS INC. - Weekly - Technical analysis published on 03/18/2022 (GMT)
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- Timeframe : Weekly
- - Analysis generated on
- Status : INVALID
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
39%
39%
My opinion
Bearish under 0.883 USD
My targets
0.706 USD (-16.12%)
0.597 USD (-29.13%)
My analysis
NEUROBO PHARMACEUTICALS INC. is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.883 USD. The next support located at 0.706 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.597 USD. Below this support, sellers could then target 0.403 USD. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
6.6
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Additional analysis
Quotes
NEUROBO PHARMACEUTICALS INC. rating 0.842 USD. Over 5 days, this instrument gained +11.41% and was traded between 0.705 USD and 0.840 USD over the period. The price is currently at +19.36% from its lowest point and +0.24% from its highest point.0.705
0.840
0.842
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Weekly of this NEUROBO PHARMACEUTICALS INC. chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 7 are neutral and 7 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator: bullish divergence
Type : Bullish
Timeframe : Weekly
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
R1
R2
Price
| Price | R1 | R2 | |
|---|---|---|---|
| ProTrendLines | 0.842 | 6.650 | 30.000 |
| Change (%) | - | +689.79% | +3,462.95% |
| Change | - | +5.808 | +29.158 |
| Level | - | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.638 | 0.694 | 0.768 | 0.824 | 0.898 | 0.954 | 1.028 |
| Camarilla | 0.806 | 0.818 | 0.830 | 0.842 | 0.854 | 0.866 | 0.878 |
| Woodie | 0.647 | 0.699 | 0.777 | 0.829 | 0.907 | 0.959 | 1.037 |
| Fibonacci | 0.694 | 0.744 | 0.774 | 0.824 | 0.874 | 0.904 | 0.954 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.613 | 0.657 | 0.706 | 0.750 | 0.799 | 0.843 | 0.892 |
| Camarilla | 0.730 | 0.739 | 0.748 | 0.756 | 0.765 | 0.773 | 0.782 |
| Woodie | 0.617 | 0.658 | 0.710 | 0.751 | 0.803 | 0.844 | 0.896 |
| Fibonacci | 0.657 | 0.692 | 0.714 | 0.750 | 0.785 | 0.807 | 0.843 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.117 | 0.403 | 0.597 | 0.883 | 1.077 | 1.363 | 1.557 |
| Camarilla | 0.658 | 0.702 | 0.746 | 0.790 | 0.834 | 0.878 | 0.922 |
| Woodie | 0.070 | 0.380 | 0.550 | 0.860 | 1.030 | 1.340 | 1.510 |
| Fibonacci | 0.403 | 0.587 | 0.700 | 0.883 | 1.067 | 1.180 | 1.363 |
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): | 30.53 | |
| MACD (12,26,9): | -0.5310 | |
| Directional Movement: | -7.719 | |
| AROON (14): | -50.000 | |
| DEMA (21): | 0.587 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.406 | |
| Elder Ray (13): | -0.285 | |
| Super Trend (3,10): | 1.552 | |
| Zig ZAG (10): | 0.780 | |
| VORTEX (21): | 0.7690 | |
| Stochastique (14,3,5): | 7.10 | |
| TEMA (21): | 0.606 | |
| Williams %R (14): | -91.73 | |
| Chande Momentum Oscillator (20): | -0.735 | |
| Repulse (5,40,3): | -7.5700 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -3.5330 | |
| Courbe Coppock: | 91.96 |
| MA7: | 0.770 | |
| MA20: | 0.773 | |
| MA50: | 0.971 | |
| MA100: | 1.285 | |
| MAexp7: | 0.861 | |
| MAexp20: | 1.320 | |
| MAexp50: | 2.633 | |
| MAexp100: | 5.220 | |
| Price / MA7: | +9.35% | |
| Price / MA20: | +8.93% | |
| Price / MA50: | -13.29% | |
| Price / MA100: | -34.47% | |
| Price / MAexp7: | -2.21% | |
| Price / MAexp20: | -36.21% | |
| Price / MAexp50: | -68.02% | |
| Price / MAexp100: | -83.87% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
This member declared not having a position on this financial instrument or a related financial instrument.
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