ATHERSYS INC. - Daily - Technical analysis published on 09/19/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
ATHERSYS INC. Chart
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Slightly bearish
Technical indicators
78%
0%
22%
My opinion
Bullish above 1.37 USD
My targets
1.49 USD (+1.36%)
1.63 USD (+10.88%)
My analysis
The current short-term bullish trend is expected to quickly reset the neutral or bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for ATHERSYS INC. as long as the price remains well above 1.37 USD. The buyers” bullish objective is set at 1.49 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.63 USD. If there is any crossing, the next objective would be the resistance located at 1.83 USD. As the basic trend is not clearly displayed, attention should be paid to the price reaction to the resistance at 1.49 USD. On this resistance, against the trend traders who would like to go short on ATHERSYS INC. with a bearish signal from their trading strategy, should not hesitate to act.
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
2.9
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This analysis was given by Vincent Launay.
Additional analysis
Quotes
ATHERSYS INC. rating 1.47 USD. The price registered an increase of +0.00% on the session with the lowest point at 1.46 USD and the highest point at 1.50 USD. The deviation from the price is +0.68% for the low point and -2.00% for the high point.1.46
1.50
1.47
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by ATHERSYS INC.:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of ATHERSYS INC. indicates that the overall trend is slightly bearish. 57.14% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages could quickly lead to a reversal of the trend. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator: bearish divergence
Type : Bearish
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
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 which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.97 | 1.21 | 1.37 | 1.47 | 1.49 | 1.63 | 1.83 |
| Change (%) | -34.01% | -17.69% | -6.80% | - | +1.36% | +10.88% | +24.49% |
| Change | -0.50 | -0.26 | -0.10 | - | +0.02 | +0.16 | +0.36 |
| Level | Major | Intermediate | Major | - | Intermediate | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.34 | 1.38 | 1.42 | 1.46 | 1.51 | 1.55 | 1.59 |
| Camarilla | 1.45 | 1.45 | 1.46 | 1.47 | 1.48 | 1.49 | 1.49 |
| Woodie | 1.34 | 1.38 | 1.43 | 1.46 | 1.51 | 1.55 | 1.60 |
| Fibonacci | 1.38 | 1.41 | 1.43 | 1.46 | 1.49 | 1.51 | 1.55 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.24 | 1.30 | 1.40 | 1.46 | 1.56 | 1.62 | 1.72 |
| Camarilla | 1.46 | 1.47 | 1.49 | 1.50 | 1.52 | 1.53 | 1.54 |
| Woodie | 1.26 | 1.31 | 1.42 | 1.47 | 1.58 | 1.63 | 1.74 |
| Fibonacci | 1.30 | 1.36 | 1.40 | 1.46 | 1.52 | 1.56 | 1.62 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.97 | 1.08 | 1.21 | 1.32 | 1.45 | 1.56 | 1.69 |
| Camarilla | 1.26 | 1.29 | 1.31 | 1.33 | 1.35 | 1.37 | 1.40 |
| Woodie | 0.97 | 1.09 | 1.21 | 1.33 | 1.45 | 1.57 | 1.69 |
| Fibonacci | 1.08 | 1.18 | 1.23 | 1.32 | 1.42 | 1.47 | 1.56 |
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): | 58.23 | |
| MACD (12,26,9): | 0.0300 | |
| Directional Movement: | 2.23 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 1.45 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.37 | |
| Elder Ray (13): | 0.05 | |
| Super Trend (3,10): | 1.30 | |
| Zig ZAG (10): | 1.47 | |
| VORTEX (21): | 1.0700 | |
| Stochastique (14,3,5): | 84.00 | |
| TEMA (21): | 1.50 | |
| Williams %R (14): | -16.00 | |
| Chande Momentum Oscillator (20): | 0.14 | |
| Repulse (5,40,3): | 0.9500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1700 | |
| Courbe Coppock: | 20.82 |
| MA7: | 1.48 | |
| MA20: | 1.39 | |
| MA50: | 1.40 | |
| MA100: | 1.54 | |
| MAexp7: | 1.47 | |
| MAexp20: | 1.42 | |
| MAexp50: | 1.43 | |
| MAexp100: | 1.49 | |
| Price / MA7: | -0.68% | |
| Price / MA20: | +5.76% | |
| Price / MA50: | +5.00% | |
| Price / MA100: | -4.55% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | +3.52% | |
| Price / MAexp50: | +2.80% | |
| Price / MAexp100: | -1.34% |
News
The last news published on ATHERSYS INC. at the time of the generation of this analysis was as follows:
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This member declared not having a position on this financial instrument or a related financial instrument.
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