SPINEGUARD - 1H - Technical analysis published on 09/30/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 0.2598 EUR
My targets
0.3155 EUR (+13.08%)
1.0535 EUR (+277.60%)
My analysis
The bullish trend is currently very strong on SPINEGUARD. As long as the price remains above the support at 0.2598 EUR, you could try to benefit from the boom. The first bullish objective is located at 0.3155 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1.0535 EUR as an objective. Crossing it would then enable buyers to target 1.6300 EUR. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.9
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Additional analysis
Quotes
SPINEGUARD rating 0.2790 EUR. The price has increased by +74.38% since the last closing and was traded between 0.1540 EUR and 0.2790 EUR over the period. The price is currently at +81.17% from its lowest and 0% from its highest.0.1540
0.2790
0.2790
Here is a more detailed summary of the historical variations registered by SPINEGUARD:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this SPINEGUARD chart shows a strongly 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.
In fact, 16 technical indicators on 18 studied are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.1848 | 0.2211 | 0.2598 | 0.2790 | 0.3155 | 1.0535 | 1.6300 |
| Change (%) | -33.76% | -20.75% | -6.88% | - | +13.08% | +277.60% | +484.23% |
| Change | -0.0942 | -0.0579 | -0.0192 | - | +0.0365 | +0.7745 | +1.3510 |
| Level | Intermediate | Minor | Major | - | Intermediate | 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 | 0.0791 | 0.1025 | 0.1313 | 0.1547 | 0.1835 | 0.2069 | 0.2357 |
| Camarilla | 0.1457 | 0.1504 | 0.1552 | 0.1600 | 0.1648 | 0.1696 | 0.1744 |
| Woodie | 0.0817 | 0.1039 | 0.1339 | 0.1561 | 0.1861 | 0.2083 | 0.2383 |
| Fibonacci | 0.1025 | 0.1225 | 0.1348 | 0.1547 | 0.1747 | 0.1870 | 0.2069 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.0784 | 0.1020 | 0.1310 | 0.1546 | 0.1836 | 0.2072 | 0.2362 |
| Camarilla | 0.1455 | 0.1504 | 0.1552 | 0.1600 | 0.1648 | 0.1696 | 0.1745 |
| Woodie | 0.0811 | 0.1034 | 0.1337 | 0.1560 | 0.1863 | 0.2086 | 0.2389 |
| Fibonacci | 0.1020 | 0.1221 | 0.1345 | 0.1546 | 0.1747 | 0.1871 | 0.2072 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.0545 | 0.0833 | 0.1017 | 0.1305 | 0.1489 | 0.1777 | 0.1961 |
| Camarilla | 0.1070 | 0.1114 | 0.1157 | 0.1200 | 0.1243 | 0.1287 | 0.1330 |
| Woodie | 0.0492 | 0.0807 | 0.0964 | 0.1279 | 0.1436 | 0.1751 | 0.1908 |
| Fibonacci | 0.0833 | 0.1014 | 0.1125 | 0.1305 | 0.1486 | 0.1597 | 0.1777 |
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): | 86.22 | |
| MACD (12,26,9): | 0.0278 | |
| Directional Movement: | 40.9593 | |
| AROON (14): | 92.8571 | |
| DEMA (21): | 0.2117 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.1563 | |
| Elder Ray (13): | 0.0691 | |
| Super Trend (3,10): | 0.1967 | |
| Zig ZAG (10): | 0.2580 | |
| VORTEX (21): | 1.3059 | |
| Stochastique (14,3,5): | 91.32 | |
| TEMA (21): | 0.2322 | |
| Williams %R (14): | -11.11 | |
| Chande Momentum Oscillator (20): | 0.0850 | |
| Repulse (5,40,3): | 14.4680 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 1.5719 | |
| Courbe Coppock: | 111.57 |
| MA7: | 0.1528 | |
| MA20: | 0.1409 | |
| MA50: | 0.1376 | |
| MA100: | 0.1772 | |
| MAexp7: | 0.2188 | |
| MAexp20: | 0.1823 | |
| MAexp50: | 0.1563 | |
| MAexp100: | 0.1448 | |
| Price / MA7: | +82.59% | |
| Price / MA20: | +98.01% | |
| Price / MA50: | +102.76% | |
| Price / MA100: | +57.45% | |
| Price / MAexp7: | +27.51% | |
| Price / MAexp20: | +53.04% | |
| Price / MAexp50: | +78.50% | |
| Price / MAexp100: | +92.68% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
The last news published on SPINEGUARD at the time of the generation of this analysis was as follows:
- XinRong Medical places a large purchase order of PediGuard® devices and invests in SpineGuard to boost DSG® technology’s deployment in China
- SpineGuard Announces Its H1 2023 Revenue
- SpineGuard reports on its Annual Shareholders’ Meeting of June 29, 2023
- SpineGuard: Second Call of the Annual Shareholders’ Meeting on June 29, 2023
- SpineGuard Secures a €7.5M Equity Line With Nice & Green Cash Runway Extended to the End of 2026
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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