VIVORYON
VIVORYON
- EUR (-)
- 15 min delayed data - Euronext Amsterdam
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: VVY
ISIN: NL00150002Q7

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

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:
1H Weekly

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.

Central Gaps

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 study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

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:

Central Indicators

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

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

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:

Central Patterns

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


S3S2S1PriceR1R2R3
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
Standard10.5310.7511.0711.2911.6111.8312.15
Camarilla11.2511.3011.3511.4011.4511.5011.55
Woodie10.5910.7811.1311.3211.6711.8612.21
Fibonacci10.7510.9511.0811.2911.4911.6211.83


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard9.479.8910.6511.0711.8312.2513.01
Camarilla11.0811.1811.2911.4011.5111.6211.73
Woodie9.639.9810.8111.1611.9912.3413.17
Fibonacci9.8910.3410.6211.0711.5211.8012.25


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard7.758.779.5510.5711.3512.3713.15
Camarilla9.839.9910.1610.3210.4910.6510.82
Woodie7.628.719.4210.5111.2212.3113.02
Fibonacci8.779.469.8910.5711.2611.6912.37

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

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

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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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