ERYTECH PHARMA S.A. ADS - Daily - Technical analysis published on 07/29/2021 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
ERYTECH PHARMA S.A. ADS Chart
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
28%
44%
28%
My opinion
Bearish under 4.18 USD
My targets
3.52 USD (-14.28%)
2.77 USD (-32.68%)
My analysis
The bearish trend is currently very strong for ERYTECH PHARMA S.A. ADS. As long as the price remains below the resistance at 4.18 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 3.52 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 2.77 USD as an objective. Crossing it would then enable sellers to target 2.54 USD. 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
6.6
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by aba0550.
Additional analysis
Quotes
The ERYTECH PHARMA S.A. ADS price is 4.11 USD. On the day, this instrument lost -3.07% and was between 4.10 USD and 4.20 USD. This implies that the price is at +0.24% from its lowest and at -2.14% from its highest.4.10
4.20
4.11
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New LOW record (1 year)
Type : Bearish
Timeframe : Weekly
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 5 days
Technical
Technical analysis of ERYTECH PHARMA S.A. ADS 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.
In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 5 are neutral and 8 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is under support 3
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near support of channel
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
R1
R2
R3
Price
| Price | R1 | R2 | R3 | |
|---|---|---|---|---|
| ProTrendLines | 4.11 | 5.46 | 6.74 | 10.19 |
| Change (%) | - | +32.85% | +63.99% | +147.93% |
| Change | - | +1.35 | +2.63 | +6.08 |
| Level | - | Major | Intermediate | Minor |
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 | 3.97 | 4.04 | 4.07 | 4.14 | 4.17 | 4.24 | 4.27 |
| Camarilla | 4.08 | 4.09 | 4.10 | 4.11 | 4.12 | 4.13 | 4.14 |
| Woodie | 3.96 | 4.03 | 4.06 | 4.13 | 4.16 | 4.23 | 4.26 |
| Fibonacci | 4.04 | 4.08 | 4.10 | 4.14 | 4.18 | 4.20 | 4.24 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.77 | 3.48 | 4.12 | 4.83 | 5.47 | 6.18 | 6.82 |
| Camarilla | 4.38 | 4.50 | 4.63 | 4.75 | 4.87 | 5.00 | 5.12 |
| Woodie | 2.73 | 3.46 | 4.08 | 4.81 | 5.43 | 6.16 | 6.78 |
| Fibonacci | 3.48 | 4.00 | 4.32 | 4.83 | 5.35 | 5.67 | 6.18 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.54 | 3.52 | 4.18 | 5.16 | 5.82 | 6.80 | 7.46 |
| Camarilla | 4.38 | 4.53 | 4.68 | 4.83 | 4.98 | 5.13 | 5.28 |
| Woodie | 2.37 | 3.44 | 4.01 | 5.08 | 5.65 | 6.72 | 7.29 |
| Fibonacci | 3.52 | 4.15 | 4.54 | 5.16 | 5.79 | 6.18 | 6.80 |
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): | 39.02 | |
| MACD (12,26,9): | -0.1900 | |
| Directional Movement: | 4.13 | |
| AROON (14): | -28.57 | |
| DEMA (21): | 4.38 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.55 | |
| Elder Ray (13): | -0.27 | |
| Super Trend (3,10): | 3.96 | |
| Zig ZAG (10): | 4.24 | |
| VORTEX (21): | 0.8100 | |
| Stochastique (14,3,5): | 17.98 | |
| TEMA (21): | 4.47 | |
| Williams %R (14): | -97.41 | |
| Chande Momentum Oscillator (20): | -0.56 | |
| Repulse (5,40,3): | -5.8300 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.6100 | |
| Courbe Coppock: | 10.14 |
| MA7: | 4.56 | |
| MA20: | 4.63 | |
| MA50: | 5.12 | |
| MA100: | 6.18 | |
| MAexp7: | 4.51 | |
| MAexp20: | 4.65 | |
| MAexp50: | 5.19 | |
| MAexp100: | 6.04 | |
| Price / MA7: | -9.87% | |
| Price / MA20: | -11.23% | |
| Price / MA50: | -19.73% | |
| Price / MA100: | -33.50% | |
| Price / MAexp7: | -8.87% | |
| Price / MAexp20: | -11.61% | |
| Price / MAexp50: | -20.81% | |
| Price / MAexp100: | -31.95% |
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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