LONGEVERON INC. - Daily - Technical analysis published on 04/12/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
44%
39%
My opinion
Bearish under 2.03 USD
My targets
1.30 USD (-23.25%)
My analysis
The bearish trend is currently very strong for LONGEVERON INC.. As long as the price remains below the resistance at 2.03 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 1.30 USD. The bearish momentum would be revived by a break in this support. 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 confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
7
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This analysis was given by nfkhamis. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The LONGEVERON INC. rating is 1.69 USD. On the day, this instrument lost -16.34% with the lowest point at 1.63 USD and the highest point at 2.15 USD. The deviation from the price is +3.68% for the low point and -21.40% for the high point.1.63
2.15
1.69
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
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 LOW record (5 years)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of LONGEVERON INC. in Daily shows a overall strongly 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.
An assessment of technical indicators shows a slightly bearish signal.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : Daily
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
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
R3
Price
| Price | R1 | R2 | R3 | |
|---|---|---|---|---|
| ProTrendLines | 1.69 | 2.03 | 5.11 | 16.50 |
| Change (%) | - | +20.12% | +202.37% | +876.33% |
| Change | - | +0.34 | +3.42 | +14.81 |
| Level | - | Major | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.98 | 1.30 | 1.50 | 1.82 | 2.02 | 2.34 | 2.54 |
| Camarilla | 1.55 | 1.60 | 1.64 | 1.69 | 1.74 | 1.79 | 1.83 |
| Woodie | 0.91 | 1.27 | 1.43 | 1.79 | 1.95 | 2.31 | 2.47 |
| Fibonacci | 1.30 | 1.50 | 1.63 | 1.82 | 2.02 | 2.15 | 2.34 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -3.45 | -0.91 | 0.39 | 2.93 | 4.23 | 6.77 | 8.07 |
| Camarilla | 0.63 | 0.99 | 1.34 | 1.69 | 2.04 | 2.39 | 2.75 |
| Woodie | -4.07 | -1.22 | -0.23 | 2.62 | 3.61 | 6.46 | 7.45 |
| Fibonacci | -0.91 | 0.56 | 1.46 | 2.93 | 4.40 | 5.30 | 6.77 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.33 | 1.30 | 2.27 | 3.90 | 4.87 | 6.50 | 7.47 |
| Camarilla | 2.54 | 2.77 | 3.01 | 3.25 | 3.49 | 3.73 | 3.97 |
| Woodie | -0.65 | 1.14 | 1.95 | 3.74 | 4.55 | 6.34 | 7.15 |
| Fibonacci | 1.30 | 2.29 | 2.90 | 3.90 | 4.89 | 5.50 | 6.50 |
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): | 23.21 | |
| MACD (12,26,9): | -0.8600 | |
| Directional Movement: | 9.83 | |
| AROON (14): | 7.14 | |
| DEMA (21): | 1.96 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.91 | |
| Elder Ray (13): | -0.54 | |
| Super Trend (3,10): | 3.44 | |
| Zig ZAG (10): | 2.02 | |
| VORTEX (21): | 0.7700 | |
| Stochastique (14,3,5): | 8.17 | |
| TEMA (21): | 1.99 | |
| Williams %R (14): | -95.04 | |
| Chande Momentum Oscillator (20): | -2.01 | |
| Repulse (5,40,3): | -47.7100 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -2.5100 | |
| Courbe Coppock: | 91.13 |
| MA7: | 2.18 | |
| MA20: | 3.20 | |
| MA50: | 4.44 | |
| MA100: | 9.92 | |
| MAexp7: | 2.30 | |
| MAexp20: | 3.10 | |
| MAexp50: | 5.19 | |
| MAexp100: | 9.16 | |
| Price / MA7: | -22.48% | |
| Price / MA20: | -47.19% | |
| Price / MA50: | -61.94% | |
| Price / MA100: | -82.96% | |
| Price / MAexp7: | -26.52% | |
| Price / MAexp20: | -45.48% | |
| Price / MAexp50: | -67.44% | |
| Price / MAexp100: | -81.55% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
Don't forget to follow the news on LONGEVERON INC.. At the time of publication of this analysis, the latest news was as follows:
- Longeveron Announces Closing of $5.2 Million Public Offering
- Longeveron Announces Pricing of $5.25 Million Public Offering
- Longeveron Issues Letter to Shareholders Highlighting Corporate Strategy, Clinical Pipeline and 2024 Key Priorities and Goals
- Longeveron Announces 1-for-10 Reverse Stock Split
- Longeveron Reports Year-End 2023 Results and Provides Corporate Update
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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