PHARMING GROUP

- EUR (-)

- 15 min delayed data - Euronext Amsterdam

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	PHARM
ISIN:	NL0010391025

PHARMING GROUP - 1H - Technical analysis published on 12/27/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

78%

17%

My opinion

Bullish above 0.9001 EUR

My targets

0.9795 EUR (+5.95%)

1.0100 EUR (+9.25%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on PHARMING GROUP as long as the price remains well above 0.9001 EUR. The buyers' bullish objective is set at 0.9795 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.0100 EUR. If there is any crossing, the next objective would be the resistance located at 1.0480 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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

8.4

Comment on the analysis

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 Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

PHARMING GROUP rating 0.9245 EUR. The price has increased by +3.53% since the last closing and was between 0.8910 EUR and 0.9320 EUR. This implies that the price is at +3.76% from its lowest and at -0.80% from its highest.

0.8910

0.9320

0.9245

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

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of PHARMING GROUP indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 14 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour

RSI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

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

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.8445	0.9001	0.9228	0.9245	1.0100	1.0480	1.1990
Change (%)	-8.65%	-2.64%	-0.18%	-	+9.25%	+13.36%	+29.69%
Change	-0.0800	-0.0244	-0.0017	-	+0.0855	+0.1235	+0.2745
Level	Major	Intermediate	Major	-	Minor	Minor	Minor

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.8680	0.8760	0.8845	0.8925	0.9010	0.9090	0.9175
Camarilla	0.8885	0.8900	0.8915	0.8930	0.8945	0.8960	0.8975
Woodie	0.8683	0.8761	0.8848	0.8926	0.9013	0.9091	0.9178
Fibonacci	0.8760	0.8823	0.8862	0.8925	0.8988	0.9027	0.9090

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.6810	0.7305	0.8055	0.8550	0.9300	0.9795	1.0545
Camarilla	0.8463	0.8577	0.8691	0.8805	0.8919	0.9033	0.9147
Woodie	0.6938	0.7369	0.8183	0.8614	0.9428	0.9859	1.0673
Fibonacci	0.7305	0.7781	0.8074	0.8550	0.9026	0.9319	0.9795

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.5683	0.6257	0.6783	0.7357	0.7883	0.8457	0.8983
Camarilla	0.7008	0.7108	0.7209	0.7310	0.7411	0.7512	0.7613
Woodie	0.5660	0.6245	0.6760	0.7345	0.7860	0.8445	0.8960
Fibonacci	0.6257	0.6677	0.6937	0.7357	0.7777	0.8037	0.8457

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):	69.91
MACD (12,26,9):	0.0149
Directional Movement:	31.1049
AROON (14):	57.1428
DEMA (21):	0.9126
Parabolic SAR (0,02-0,02-0,2):	0.8885
Elder Ray (13):	0.0244
Super Trend (3,10):	0.8930
Zig ZAG (10):	0.9230
VORTEX (21):	1.2442
Stochastique (14,3,5):	91.38
TEMA (21):	0.9174
Williams %R (14):	-18.80
Chande Momentum Oscillator (20):	0.0325
Repulse (5,40,3):	1.4135
ROCnROLL:	1
TRIX (15,9):	0.2157
Courbe Coppock:	4.81

MA7:	0.8644
MA20:	0.8101
MA50:	0.7774
MA100:	0.7483
MAexp7:	0.9096
MAexp20:	0.8936
MAexp50:	0.8715
MAexp100:	0.8464
Price / MA7:	+6.95%
Price / MA20:	+14.12%
Price / MA50:	+18.92%
Price / MA100:	+23.55%
Price / MAexp7:	+1.64%
Price / MAexp20:	+3.46%
Price / MAexp50:	+6.08%
Price / MAexp100:	+9.23%

Quotes : - 15 min delayed data - Euronext Amsterdam

News

Don't forget to follow the news on PHARMING GROUP. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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