BB BIOTECH NAM. SF 0.20 - Daily - Technical analysis published on 02/24/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Court terme:
Bearish
De fond:
Slightly bullish
Technical indicators
17%
44%
39%
My opinion
Neutral between 58.34 EUR and 62.78 EUR
My targets
-
My analysis
The basic trend is slightly bullish and the short term is tentatively bearish. With such a pattern, the price could just as easily move towards the first support as the first resistance. The first support is located at 58.34 EUR. The first resistance is located at 62.78 EUR. With no basic trend, it will be important to monitor the reaction of the price to the levels cited. A bearish break in the support could quickly reverse the basic trend. A bullish break in resistance would be welcome to boost the slightly bullish basic trend. On the other hand, if the price is blocked by support or resistance, it could be attractive to trade against the trend on the last short-term movement registered by BB BIOTECH NAM. SF 0.20.
In the very short term, despite the neutral opinion of this analysis, technical indicators are bearish and could soon allow change to a bearish sentiment.
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BB BIOTECH NAM. SF 0.20 rating is 60.70 EUR. The price registered a decrease of -4.26% on the session and was traded between 60.50 EUR and 61.90 EUR over the period. The price is currently at +0.33% from its lowest and -1.94% from its highest.60.50
61.90
60.70
A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by BB BIOTECH NAM. SF 0.20:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of BB BIOTECH NAM. SF 0.20 indicates that the overall trend is slightly bullish. 53.57% of the signals given by moving averages are bullish. Caution: the slightly bearish signals currently given by short-term moving averages indicate that the overall trend could be reversed. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : Daily
Technical indicators are slightly bearish. There is therefore considerable uncertainty about the continuation of the decline.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is under support 3
Type : Neutral
Timeframe : Daily
SuperTrend indicator bullish reversal
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
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, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 54.90 | 58.34 | 60.20 | 60.70 | 62.78 | 64.70 |
| Change (%) | -9.56% | -3.89% | -0.82% | - | +3.43% | +6.59% |
| Change | -5.80 | -2.36 | -0.50 | - | +2.08 | +4.00 |
| Level | Minor | Intermediate | Minor | - | Major | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 61.37 | 61.93 | 62.67 | 63.23 | 63.97 | 64.53 | 65.27 |
| Camarilla | 63.04 | 63.16 | 63.28 | 63.40 | 63.52 | 63.64 | 63.76 |
| Woodie | 61.45 | 61.98 | 62.75 | 63.28 | 64.05 | 64.58 | 65.35 |
| Fibonacci | 61.93 | 62.43 | 62.74 | 63.23 | 63.73 | 64.04 | 64.53 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 59.95 | 60.80 | 62.10 | 62.95 | 64.25 | 65.10 | 66.40 |
| Camarilla | 62.81 | 63.01 | 63.20 | 63.40 | 63.60 | 63.79 | 63.99 |
| Woodie | 60.18 | 60.91 | 62.33 | 63.06 | 64.48 | 65.21 | 66.63 |
| Fibonacci | 60.80 | 61.62 | 62.13 | 62.95 | 63.77 | 64.28 | 65.10 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 55.27 | 57.53 | 58.87 | 61.13 | 62.47 | 64.73 | 66.07 |
| Camarilla | 59.21 | 59.54 | 59.87 | 60.20 | 60.53 | 60.86 | 61.19 |
| Woodie | 54.80 | 57.30 | 58.40 | 60.90 | 62.00 | 64.50 | 65.60 |
| Fibonacci | 57.53 | 58.91 | 59.76 | 61.13 | 62.51 | 63.36 | 64.73 |
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): | 42.73 | |
| MACD (12,26,9): | 0.2000 | |
| Directional Movement: | -4.72 | |
| AROON (14): | -7.14 | |
| DEMA (21): | 62.31 | |
| Parabolic SAR (0,02-0,02-0,2): | 63.80 | |
| Elder Ray (13): | -0.93 | |
| Super Trend (3,10): | 60.21 | |
| Zig ZAG (10): | 60.70 | |
| VORTEX (21): | 0.9200 | |
| Stochastique (14,3,5): | 59.37 | |
| TEMA (21): | 62.40 | |
| Williams %R (14): | -87.88 | |
| Chande Momentum Oscillator (20): | -1.10 | |
| Repulse (5,40,3): | -0.6300 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0600 | |
| Courbe Coppock: | 2.93 |
| MA7: | 62.36 | |
| MA20: | 61.97 | |
| MA50: | 61.71 | |
| MA100: | 59.93 | |
| MAexp7: | 62.22 | |
| MAexp20: | 62.06 | |
| MAexp50: | 61.51 | |
| MAexp100: | 60.68 | |
| Price / MA7: | -2.66% | |
| Price / MA20: | -2.05% | |
| Price / MA50: | -1.64% | |
| Price / MA100: | +1.28% | |
| Price / MAexp7: | -2.44% | |
| Price / MAexp20: | -2.19% | |
| Price / MAexp50: | -1.32% | |
| Price / MAexp100: | +0.03% |
This member declared not having a position on this financial instrument or a related financial instrument.
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