AXONICS INC. - Daily - Technical analysis published on 08/27/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
AXONICS INC. Chart
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Neutral
Technical indicators
50%
11%
39%
My opinion
Bearish under 35.15 USD
My targets
30.89 USD (-9.92%)
24.31 USD (-29.10%)
My analysis
The strong short-term decrease of AXONICS MODULATION TECHNOLOGIES should quickly allow the basic trend to become bearish. As long as the price remains below the resistance located at 35.15 USD, a sale could be considered. The first bearish objective is located at 30.89 USD. The bearish momentum would be boosted by a support break. Sellers could then target the support located at 24.31 USD. If there is any crossing, the next objective would be support 18.54 USD. Caution, if there is a return to above 35.15 USD, it should not be forgotten that the basic trend is not yet clear. Caution would then be required.
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 Vincent Launay.
Additional analysis
Quotes
The AXONICS MODULATION TECHNOLOGIES price is 34.29 USD. On the day, this instrument gained +3.47% and was traded between 32.96 USD and 34.41 USD over the period. The price is currently at +4.04% from its lowest and -0.35% from its highest.32.96
34.41
34.29
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by AXONICS MODULATION TECHNOLOGIES:
Technical
A technical analysis in Daily of this AXONICS MODULATION TECHNOLOGIES chart shows a neutral trend. The strong bearish signals currently being given by short-term moving averages could allow the overall trend to return to a bearish trend. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish trend reversal : Moving Average 50
Type : Bearish
Timeframe : Daily
The probability of a further increase is slight given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 18.54 | 24.31 | 30.89 | 34.29 | 35.15 | 37.87 | 40.10 |
| Change (%) | -45.93% | -29.10% | -9.92% | - | +2.51% | +10.44% | +16.94% |
| Change | -15.75 | -9.98 | -3.40 | - | +0.86 | +3.58 | +5.81 |
| Level | Minor | 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 | 30.81 | 31.82 | 32.48 | 33.49 | 34.15 | 35.16 | 35.82 |
| Camarilla | 32.68 | 32.83 | 32.99 | 33.14 | 33.29 | 33.45 | 33.60 |
| Woodie | 30.64 | 31.73 | 32.31 | 33.40 | 33.98 | 35.07 | 35.65 |
| Fibonacci | 31.82 | 32.46 | 32.85 | 33.49 | 34.13 | 34.52 | 35.16 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 29.81 | 31.32 | 32.23 | 33.74 | 34.65 | 36.16 | 37.07 |
| Camarilla | 32.47 | 32.70 | 32.92 | 33.14 | 33.36 | 33.58 | 33.81 |
| Woodie | 29.51 | 31.17 | 31.93 | 33.59 | 34.35 | 36.01 | 36.77 |
| Fibonacci | 31.32 | 32.24 | 32.82 | 33.74 | 34.66 | 35.24 | 36.16 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 25.89 | 30.72 | 33.71 | 38.54 | 41.53 | 46.36 | 49.35 |
| Camarilla | 34.55 | 35.27 | 35.98 | 36.70 | 37.42 | 38.13 | 38.85 |
| Woodie | 24.97 | 30.26 | 32.79 | 38.08 | 40.61 | 45.90 | 48.43 |
| Fibonacci | 30.72 | 33.71 | 35.55 | 38.54 | 41.53 | 43.37 | 46.36 |
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): | 47.10 | |
| MACD (12,26,9): | -0.7200 | |
| Directional Movement: | -6.01 | |
| AROON (14): | 14.29 | |
| DEMA (21): | 33.69 | |
| Parabolic SAR (0,02-0,02-0,2): | 30.93 | |
| Elder Ray (13): | -0.59 | |
| Super Trend (3,10): | 37.37 | |
| Zig ZAG (10): | 34.29 | |
| VORTEX (21): | 0.8600 | |
| Stochastique (14,3,5): | 64.20 | |
| TEMA (21): | 33.11 | |
| Williams %R (14): | -31.27 | |
| Chande Momentum Oscillator (20): | 1.22 | |
| Repulse (5,40,3): | 1.0800 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.3800 | |
| Courbe Coppock: | 3.05 |
| MA7: | 34.19 | |
| MA20: | 34.38 | |
| MA50: | 36.89 | |
| MA100: | 31.74 | |
| MAexp7: | 34.06 | |
| MAexp20: | 34.67 | |
| MAexp50: | 34.78 | |
| MAexp100: | 31.98 | |
| Price / MA7: | +0.29% | |
| Price / MA20: | -0.26% | |
| Price / MA50: | -7.05% | |
| Price / MA100: | +8.03% | |
| Price / MAexp7: | +0.68% | |
| Price / MAexp20: | -1.10% | |
| Price / MAexp50: | -1.41% | |
| Price / MAexp100: | +7.22% |
This member declared not having a position on this financial instrument or a related financial instrument.
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