EMERGENT BIOSOLUTIONS INC. - Weekly - Technical analysis published on 03/12/2024 (GMT)
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- Timeframe : Weekly
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Strongly bearish
Technical indicators
50%
11%
39%
My opinion
Bearish under 2.75 USD
My targets
2.15 USD (-11.89%)
My analysis
The basic trend is very bearish on EMERGENT BIOSOLUTIONS INC. but buyers need to catch their breath in the short term. In a case like this, you could favour trades in the direction of the trend on EMERGENT BIOSOLUTIONS INC.. As long as you stay below the resistance 2.75 USD, sellers' retain the upper hand. A break in the support at 2.15 USD would be a signal that the basic trend will reverse. If the price were to depress the resistance 2.75 USD in the short term, this would be a sign of possible consolidation in the short term, but against the trend trading would then perhaps be more risky. On the other hand, we could expect signals of a reversal of the trend.
Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
3
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Additional analysis
Quotes
The EMERGENT BIOSOLUTIONS INC. rating is 2.44 USD. Over 5 days, this instrument lost -28.45% and was traded between 2.44 USD and 2.86 USD over the period. The price is currently at 0% from its lowest point and -14.69% from its highest point.2.44
2.86
2.44
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
Here is a more detailed summary of the historical variations registered by EMERGENT BIOSOLUTIONS INC.:
Abnormal volumes
Timeframe : 20 days
Technical
Technical analysis of this Weekly chart of EMERGENT BIOSOLUTIONS INC. indicates that the overall trend is strongly bearish. 82.14% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the strongly bearish trend is showing signs of running out of steam. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The probability of a further increase is slight given the direction of the technical indicators.
The Central Indicators scanner found no further results concerning independent technical indicators.
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 2.15 | 2.44 | 25.20 | 49.34 | 73.24 |
| Change (%) | -11.89% | - | +932.79% | +1,922.13% | +2,901.64% |
| Change | -0.29 | - | +22.76 | +46.90 | +70.80 |
| Level | Major | - | Intermediate | Minor | Intermediate |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 2.41 | 2.55 | 2.68 | 2.82 | 2.95 | 3.09 | 3.22 |
| Camarilla | 2.73 | 2.75 | 2.78 | 2.80 | 2.83 | 2.85 | 2.87 |
| Woodie | 2.40 | 2.55 | 2.67 | 2.82 | 2.94 | 3.09 | 3.21 |
| Fibonacci | 2.55 | 2.66 | 2.72 | 2.82 | 2.93 | 2.99 | 3.09 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.75 | 1.55 | 2.12 | 2.92 | 3.49 | 4.29 | 4.86 |
| Camarilla | 2.31 | 2.44 | 2.56 | 2.69 | 2.82 | 2.94 | 3.07 |
| Woodie | 0.64 | 1.49 | 2.01 | 2.86 | 3.38 | 4.23 | 4.75 |
| Fibonacci | 1.55 | 2.07 | 2.40 | 2.92 | 3.44 | 3.77 | 4.29 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.29 | 0.56 | 1.90 | 2.75 | 4.09 | 4.94 | 6.28 |
| Camarilla | 2.63 | 2.83 | 3.03 | 3.23 | 3.43 | 3.63 | 3.83 |
| Woodie | -0.06 | 0.68 | 2.14 | 2.87 | 4.33 | 5.06 | 6.52 |
| Fibonacci | 0.56 | 1.40 | 1.92 | 2.75 | 3.59 | 4.11 | 4.94 |
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): | 44.01 | |
| MACD (12,26,9): | -0.6600 | |
| Directional Movement: | 2.75 | |
| AROON (14): | 28.57 | |
| DEMA (21): | 1.55 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.61 | |
| Elder Ray (13): | 0.32 | |
| Super Trend (3,10): | 1.31 | |
| Zig ZAG (10): | 2.56 | |
| VORTEX (21): | 1.0300 | |
| Stochastique (14,3,5): | 64.98 | |
| TEMA (21): | 2.47 | |
| Williams %R (14): | -50.22 | |
| Chande Momentum Oscillator (20): | 0.08 | |
| Repulse (5,40,3): | -18.8900 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -3.5500 | |
| Courbe Coppock: | 7.02 |
| MA7: | 2.95 | |
| MA20: | 2.65 | |
| MA50: | 2.21 | |
| MA100: | 2.22 | |
| MAexp7: | 2.47 | |
| MAexp20: | 2.67 | |
| MAexp50: | 5.99 | |
| MAexp100: | 14.90 | |
| Price / MA7: | -17.29% | |
| Price / MA20: | -7.92% | |
| Price / MA50: | +10.41% | |
| Price / MA100: | +9.91% | |
| Price / MAexp7: | -1.21% | |
| Price / MAexp20: | -8.61% | |
| Price / MAexp50: | -59.27% | |
| Price / MAexp100: | -83.62% |
Quotes :
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15 min delayed data
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NYSE Stocks
News
Don't forget to follow the news on EMERGENT BIOSOLUTIONS INC.. At the time of publication of this analysis, the latest news was as follows:
- Emergent BioSolutions Partners with Emmitt Smith to Launch Ready to Rescue Campaign to Help Save Lives Amidst Rising Opioid Epidemic
- SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Is Investigating Emergent BioSolutions Inc. for Potential Breaches of Fiduciary Duty By Its Board of Directors
- Thinking about buying stock in Spruce Biosciences, CytomX Therapeutics, Boxed, Mobile Global Esports, or Emergent Biosolutions?
- Thinking about buying stock in SIGA Technologies, Geovax Labs, Inovio Pharmaceuticals, ImmunoGen, or Emergent Biosolutions?
- Thinking about buying stock in Rivian Automotive, Siyata Mobile, Emergent Biosolutions, Stryve Foods, or IQIYI?
This member declared not having a position on this financial instrument or a related financial instrument.
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