PROCEPT BIOROBOTICS - 1H - Technical analysis published on 08/17/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
78%
11%
11%
My opinion
Bullish above 64.17 USD
My targets
65.93 USD (+1.93%)
69.19 USD (+6.97%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on PROCEPT BIOROBOTICS as long as the price remains well above 64.17 USD. The buyers' bullish objective is set at 65.93 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 69.19 USD. If there is any crossing, the next objective would be the resistance located at 70.64 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.2
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Additional analysis
Quotes
PROCEPT BIOROBOTICS rating 64.68 USD. On the day, this instrument gained +2.67% with the lowest point at 63.00 USD and the highest point at 65.19 USD. The deviation from the price is +2.67% for the low point and -0.78% for the high point.63.00
65.19
64.68
Here is a more detailed summary of the historical variations registered by PROCEPT BIOROBOTICS:
Technical
Technical analysis of PROCEPT BIOROBOTICS in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:
Bearish harami
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 58.09 | 59.84 | 64.17 | 64.68 | 65.93 | 69.19 | 70.64 |
| Change (%) | -10.19% | -7.48% | -0.79% | - | +1.93% | +6.97% | +9.21% |
| Change | -6.59 | -4.84 | -0.51 | - | +1.25 | +4.51 | +5.96 |
| Level | Major | Intermediate | Intermediate | - | Intermediate | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 61.20 | 62.10 | 63.39 | 64.29 | 65.58 | 66.48 | 67.77 |
| Camarilla | 64.08 | 64.28 | 64.48 | 64.68 | 64.88 | 65.08 | 65.28 |
| Woodie | 61.40 | 62.20 | 63.59 | 64.39 | 65.78 | 66.58 | 67.97 |
| Fibonacci | 62.10 | 62.94 | 63.45 | 64.29 | 65.13 | 65.64 | 66.48 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 57.02 | 59.08 | 61.88 | 63.94 | 66.74 | 68.80 | 71.60 |
| Camarilla | 63.34 | 63.79 | 64.24 | 64.68 | 65.13 | 65.57 | 66.02 |
| Woodie | 57.39 | 59.27 | 62.25 | 64.13 | 67.11 | 68.99 | 71.97 |
| Fibonacci | 59.08 | 60.94 | 62.08 | 63.94 | 65.80 | 66.94 | 68.80 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 45.20 | 52.54 | 57.93 | 65.27 | 70.66 | 78.00 | 83.39 |
| Camarilla | 59.82 | 60.99 | 62.15 | 63.32 | 64.49 | 65.65 | 66.82 |
| Woodie | 44.23 | 52.05 | 56.96 | 64.78 | 69.69 | 77.51 | 82.42 |
| Fibonacci | 52.54 | 57.40 | 60.41 | 65.27 | 70.13 | 73.14 | 78.00 |
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): | 57.39 | |
| MACD (12,26,9): | 0.3000 | |
| Directional Movement: | 15.32 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 64.55 | |
| Parabolic SAR (0,02-0,02-0,2): | 63.01 | |
| Elder Ray (13): | 0.62 | |
| Super Trend (3,10): | 65.88 | |
| Zig ZAG (10): | 64.68 | |
| VORTEX (21): | 1.0100 | |
| Stochastique (14,3,5): | 59.25 | |
| TEMA (21): | 64.35 | |
| Williams %R (14): | -42.58 | |
| Chande Momentum Oscillator (20): | -0.29 | |
| Repulse (5,40,3): | 0.7700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0700 | |
| Courbe Coppock: | 0.90 |
| MA7: | 63.31 | |
| MA20: | 63.01 | |
| MA50: | 63.85 | |
| MA100: | 60.80 | |
| MAexp7: | 64.38 | |
| MAexp20: | 64.11 | |
| MAexp50: | 63.37 | |
| MAexp100: | 63.05 | |
| Price / MA7: | +2.16% | |
| Price / MA20: | +2.65% | |
| Price / MA50: | +1.30% | |
| Price / MA100: | +6.38% | |
| Price / MAexp7: | +0.47% | |
| Price / MAexp20: | +0.89% | |
| Price / MAexp50: | +2.07% | |
| Price / MAexp100: | +2.59% |
Quotes :
-
15 min delayed data
-
NASDAQ Stocks
News
The last news published on PROCEPT BIOROBOTICS at the time of the generation of this analysis was as follows:
- PROCEPT BioRobotics® Reports Second Quarter 2024 Financial Results and Increases 2024 Revenue and EBITDA Guidance
- PROCEPT BioRobotics to Report Second Quarter 2024 Financial Results on August 1, 2024
- PROCEPT BioRobotics Announces New CPT® Category I Code from the American Medical Association for Aquablation therapy
- PROCEPT BioRobotics to Present at Upcoming 2024 Truist Securities MedTech Conference on June 18, 2024
- PROCEPT BioRobotics to Present at Upcoming 2024 Leerink Partners Healthcare Crossroads Conference and 44th Annual William Blair Growth Stock Conference
This member declared not having a position on this financial instrument or a related financial instrument.
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