CALLIDITAS THERAPEUTICS AB ADS - Daily - Technical analysis published on 12/10/2021 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
28%
39%
33%
My opinion
Bearish under 20.53 USD
My targets
16.56 USD (-4.94%)
15.04 USD (-13.66%)
My analysis
The bearish trend is currently very strong for CALLIDITAS THERAPEUTICS AB ADS. As long as the price remains below the resistance at 20.53 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 16.56 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 15.04 USD as an objective. 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.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
6.4
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This analysis was given by Smurph77. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CALLIDITAS THERAPEUTICS AB ADS price is 17.42 USD. The price has increased by +0.69% since the last closing with the lowest point at 17.23 USD and the highest point at 17.44 USD. The deviation from the price is +1.10% for the low point and -0.11% for the high point.17.23
17.44
17.42
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Daily of this CALLIDITAS THERAPEUTICS AB ADS chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 6 are neutral and 7 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Aroon indicator bearish trend
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
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
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 15.04 | 16.56 | 17.42 | 21.03 | 28.00 | 30.02 |
| Change (%) | -13.66% | -4.94% | - | +20.72% | +60.73% | +72.33% |
| Change | -2.38 | -0.86 | - | +3.61 | +10.58 | +12.60 |
| Level | Intermediate | Major | - | Minor | 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 | 15.76 | 16.42 | 16.86 | 17.52 | 17.96 | 18.62 | 19.06 |
| Camarilla | 17.00 | 17.10 | 17.20 | 17.30 | 17.40 | 17.50 | 17.60 |
| Woodie | 15.65 | 16.37 | 16.75 | 17.47 | 17.85 | 18.57 | 18.95 |
| Fibonacci | 16.42 | 16.84 | 17.10 | 17.52 | 17.94 | 18.20 | 18.62 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13.47 | 15.07 | 16.11 | 17.71 | 18.75 | 20.35 | 21.39 |
| Camarilla | 16.43 | 16.68 | 16.92 | 17.16 | 17.40 | 17.64 | 17.89 |
| Woodie | 13.20 | 14.93 | 15.84 | 17.57 | 18.48 | 20.21 | 21.12 |
| Fibonacci | 15.07 | 16.08 | 16.70 | 17.71 | 18.72 | 19.34 | 20.35 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10.67 | 12.82 | 15.60 | 17.75 | 20.53 | 22.68 | 25.46 |
| Camarilla | 17.03 | 17.49 | 17.94 | 18.39 | 18.84 | 19.29 | 19.75 |
| Woodie | 11.00 | 12.98 | 15.93 | 17.91 | 20.86 | 22.84 | 25.79 |
| Fibonacci | 12.82 | 14.70 | 15.86 | 17.75 | 19.63 | 20.79 | 22.68 |
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): | 43.76 | |
| MACD (12,26,9): | -0.5300 | |
| Directional Movement: | 1.12 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 17.09 | |
| Parabolic SAR (0,02-0,02-0,2): | 19.43 | |
| Elder Ray (13): | 0.01 | |
| Super Trend (3,10): | 16.73 | |
| Zig ZAG (10): | 17.30 | |
| VORTEX (21): | 0.8600 | |
| Stochastique (14,3,5): | 25.39 | |
| TEMA (21): | 17.42 | |
| Williams %R (14): | -75.01 | |
| Chande Momentum Oscillator (20): | -1.65 | |
| Repulse (5,40,3): | -7.2700 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.4200 | |
| Courbe Coppock: | 4.98 |
| MA7: | 17.29 | |
| MA20: | 17.67 | |
| MA50: | 19.24 | |
| MA100: | 22.97 | |
| MAexp7: | 17.42 | |
| MAexp20: | 17.86 | |
| MAexp50: | 19.47 | |
| MAexp100: | 21.98 | |
| Price / MA7: | +0.75% | |
| Price / MA20: | -1.41% | |
| Price / MA50: | -9.46% | |
| Price / MA100: | -24.16% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | -2.46% | |
| Price / MAexp50: | -10.53% | |
| Price / MAexp100: | -20.75% |
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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