BIOPHYTIS - 1H - Technical analysis published on 05/06/2024 (GMT)
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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
89%
0%
11%
My opinion
Bullish above 0.7047 EUR
My targets
1.1700 EUR (+42.68%)
1.6880 EUR (+105.85%)
My analysis
BIOPHYTIS 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 0.7047 EUR. The next resistance located at 1.1700 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 1.6880 EUR. After this resistance, buyers could then target 2.6100 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, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.9
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
BIOPHYTIS rating 0.8200 EUR. The price has increased by +38,947.62% since the last closing and was traded between 0.8100 EUR and 0.8500 EUR over the period. The price is currently at +1.23% from its lowest and -3.53% from its highest.0.8100
0.8500
0.8200
The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.
Opening Gap UP
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by BIOPHYTIS:
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of BIOPHYTIS in 1H shows a strongly overall 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. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : Moving Average 50
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : Moving Average 100
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, 16 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 90
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Black marubozu
Type : Bearish
Timeframe : 1 hour
Long black line
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.0144 | 0.1360 | 0.7047 | 0.8200 | 1.1700 | 1.6880 | 2.6100 |
| Change (%) | -98.24% | -83.41% | -14.06% | - | +42.68% | +105.85% | +218.29% |
| Change | -0.8056 | -0.6840 | -0.1153 | - | +0.3500 | +0.8680 | +1.7900 |
| Level | Major | Intermediate | Minor | - | Minor | Major | Intermediate |
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 | 0.0017 | 0.0019 | 0.0020 | 0.0022 | 0.0023 | 0.0025 | 0.0026 |
| Camarilla | 0.0020 | 0.0021 | 0.0021 | 0.0021 | 0.0021 | 0.0022 | 0.0022 |
| Woodie | 0.0017 | 0.0019 | 0.0020 | 0.0022 | 0.0023 | 0.0025 | 0.0026 |
| Fibonacci | 0.0019 | 0.0020 | 0.0021 | 0.0022 | 0.0023 | 0.0024 | 0.0025 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.0017 | 0.0019 | 0.0020 | 0.0022 | 0.0023 | 0.0025 | 0.0026 |
| Camarilla | 0.0020 | 0.0021 | 0.0021 | 0.0021 | 0.0021 | 0.0022 | 0.0022 |
| Woodie | 0.0017 | 0.0019 | 0.0020 | 0.0022 | 0.0023 | 0.0025 | 0.0026 |
| Fibonacci | 0.0019 | 0.0020 | 0.0021 | 0.0022 | 0.0023 | 0.0024 | 0.0025 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.0008 | 0.0006 | 0.0014 | 0.0028 | 0.0036 | 0.0050 | 0.0058 |
| Camarilla | 0.0015 | 0.0017 | 0.0019 | 0.0021 | 0.0023 | 0.0025 | 0.0027 |
| Woodie | -0.0012 | 0.0005 | 0.0010 | 0.0027 | 0.0032 | 0.0049 | 0.0054 |
| Fibonacci | 0.0006 | 0.0015 | 0.0020 | 0.0028 | 0.0037 | 0.0042 | 0.0050 |
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): | 99.93 | |
| MACD (12,26,9): | 0.1156 | |
| Directional Movement: | 97.3372 | |
| AROON (14): | 71.4285 | |
| DEMA (21): | 0.2670 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.0021 | |
| Elder Ray (13): | 0.6108 | |
| Super Trend (3,10): | 0.5948 | |
| Zig ZAG (10): | 0.8200 | |
| VORTEX (21): | 1.0111 | |
| Stochastique (14,3,5): | 64.31 | |
| TEMA (21): | 0.3731 | |
| Williams %R (14): | -3.54 | |
| Chande Momentum Oscillator (20): | 0.8178 | |
| Repulse (5,40,3): | -8.7300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 107.8384 | |
| Courbe Coppock: | 25,998.85 |
| MA7: | 0.1191 | |
| MA20: | 0.0433 | |
| MA50: | 0.0196 | |
| MA100: | 0.0124 | |
| MAexp7: | 0.3600 | |
| MAexp20: | 0.1506 | |
| MAexp50: | 0.0652 | |
| MAexp100: | 0.0345 | |
| Price / MA7: | +588.50% | |
| Price / MA20: | +1,793.76% | |
| Price / MA50: | +4,083.67% | |
| Price / MA100: | +6,512.90% | |
| Price / MAexp7: | +127.78% | |
| Price / MAexp20: | +444.49% | |
| Price / MAexp50: | +1,157.67% | |
| Price / MAexp100: | +2,276.81% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
Don't forget to follow the news on BIOPHYTIS. At the time of publication of this analysis, the latest news was as follows:
- BIOPHYTIS Announces Successful Completion of SARA-PK Clinical Study for Sarconeos in Sarcopenia Confirming Safety Profile
- BIOPHYTIS received regulatory authorizations to conduct SARA-OBS study in sarcopenia patients
- BIOPHYTIS Presenting Four Posters on Sarconeos at 9th International Conference on Cachexia, Sarcopenia, and Muscle Wasting
- BIOPHYTIS chooses Patheon to produce the clinical batches of Macuneos, its AMD drug candidate that will enter Phase 2B
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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