VIVORYON - Daily - Technical analysis published on 01/09/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 11.38 EUR
My targets
12.92 EUR (+4.19%)
13.15 EUR (+6.02%)
My analysis
VIVORYON is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 11.38 EUR. The next resistance located at 12.92 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 13.15 EUR. After this resistance, buyers could then target 17.43 EUR. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
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
8.6
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The VIVORYON rating is 12.40 EUR. The price registered an increase of +8.77% on the session and was between 11.40 EUR and 12.76 EUR. This implies that the price is at +8.77% from its lowest and at -2.82% from its highest.11.40
12.76
12.40
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:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this VIVORYON chart shows a strongly bullish trend. 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. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : Daily
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Horizontal resistance is broken
Type : Bullish
Timeframe : Daily
Resistance of channel is broken
Type : Bullish
Timeframe : Daily
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 | 9.91 | 10.32 | 11.38 | 12.40 | 12.92 | 17.43 | 20.40 |
Change (%) | -20.08% | -16.77% | -8.23% | - | +4.19% | +40.56% | +64.52% |
Change | -2.49 | -2.08 | -1.02 | - | +0.52 | +5.03 | +8.00 |
Level | Minor | Major | Minor | - | Minor | 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 | 10.53 | 10.75 | 11.07 | 11.29 | 11.61 | 11.83 | 12.15 |
Camarilla | 11.25 | 11.30 | 11.35 | 11.40 | 11.45 | 11.50 | 11.55 |
Woodie | 10.59 | 10.78 | 11.13 | 11.32 | 11.67 | 11.86 | 12.21 |
Fibonacci | 10.75 | 10.95 | 11.08 | 11.29 | 11.49 | 11.62 | 11.83 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 9.47 | 9.89 | 10.65 | 11.07 | 11.83 | 12.25 | 13.01 |
Camarilla | 11.08 | 11.18 | 11.29 | 11.40 | 11.51 | 11.62 | 11.73 |
Woodie | 9.63 | 9.98 | 10.81 | 11.16 | 11.99 | 12.34 | 13.17 |
Fibonacci | 9.89 | 10.34 | 10.62 | 11.07 | 11.52 | 11.80 | 12.25 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 7.75 | 8.77 | 9.55 | 10.57 | 11.35 | 12.37 | 13.15 |
Camarilla | 9.83 | 9.99 | 10.16 | 10.32 | 10.49 | 10.65 | 10.82 |
Woodie | 7.62 | 8.71 | 9.42 | 10.51 | 11.22 | 12.31 | 13.02 |
Fibonacci | 8.77 | 9.46 | 9.89 | 10.57 | 11.26 | 11.69 | 12.37 |
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): | 73.76 | |
MACD (12,26,9): | 0.3900 | |
Directional Movement: | 28.25 | |
AROON (14): | 57.14 | |
DEMA (21): | 11.39 | |
Parabolic SAR (0,02-0,02-0,2): | 10.13 | |
Elder Ray (13): | 1.00 | |
Super Trend (3,10): | 10.41 | |
Zig ZAG (10): | 12.40 | |
VORTEX (21): | 1.0500 | |
Stochastique (14,3,5): | 87.00 | |
TEMA (21): | 11.41 | |
Williams %R (14): | -13.53 | |
Chande Momentum Oscillator (20): | 1.54 | |
Repulse (5,40,3): | 13.2000 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.4200 | |
Courbe Coppock: | 6.08 |
MA7: | 11.15 | |
MA20: | 10.92 | |
MA50: | 9.98 | |
MA100: | 9.03 | |
MAexp7: | 11.36 | |
MAexp20: | 10.89 | |
MAexp50: | 10.19 | |
MAexp100: | 9.60 | |
Price / MA7: | +11.21% | |
Price / MA20: | +13.55% | |
Price / MA50: | +24.25% | |
Price / MA100: | +37.32% | |
Price / MAexp7: | +9.15% | |
Price / MAexp20: | +13.87% | |
Price / MAexp50: | +21.69% | |
Price / MAexp100: | +29.17% |
Quotes :
-
15 min delayed data
-
Euronext Amsterdam
News
The latest news and videos published on VIVORYON at the time of the analysis were as follows:
- EQS-News: Vivoryon Therapeutics N.V.: Vivoryon Therapeutics to Present a Clinical Update on its Novel Oral Small Molecule Varoglutamstat at Clinical Trials on Alzheimer's Disease Conference (CTAD)
- EQS-News: Vivoryon Therapeutics N.V.: Vivoryon Therapeutics Announces Successful Listing of 2,054,796 Shares
- EQS-News: Vivoryon Therapeutics N.V.: Vivoryon Therapeutics N.V. Reports Third Quarter 2022 Financial Results and Highlights Operational Progress
- EQS-News: Vivoryon Therapeutics N.V.: Vivoryon Therapeutics N.V. to Report Q3 2022 Financial Results and Operational Progress on November 22, 2022
- EQS-News: Vivoryon Therapeutics N.V.: Vivoryon Therapeutics N.V. Reports H1 2022 Financial Results and Highlights Operational Progress
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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