ABIVAX
ABIVAX
- EUR (-)
- 15 min delayed data - Euronext Paris
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: ABVX
ISIN: FR0012333284

ABIVAX - 1H - Technical analysis published on 09/06/2023 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 18.61 EUR
My targets
19.20 EUR (+0.63%)
20.24 EUR (+6.08%)
My analysis
ABIVAX 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 18.61 EUR. The next resistance located at 19.20 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 20.24 EUR. After this resistance, buyers could then target 25.46 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.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. 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:
Daily Weekly

Additional analysis

Quotes

The ABIVAX price is 19.08 EUR. On the day, this instrument gained +7.55% and was traded between 17.80 EUR and 19.18 EUR over the period. The price is currently at +7.19% from its lowest and -0.52% from its highest.

17.80
19.18
19.08

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


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

The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is overbought : over 70

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

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 : 1 hour



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:

Central Patterns

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 17.60 17.80 18.02 19.08 19.20 25.46 31.91
Change (%) -7.76% -6.71% -5.56% - +0.63% +33.44% +67.24%
Change -1.48 -1.28 -1.06 - +0.12 +6.38 +12.83
Level Minor Intermediate Major - Intermediate 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
Standard17.3017.4217.5817.7017.8617.9818.14
Camarilla17.6617.6917.7117.7417.7717.7917.82
Woodie17.3217.4317.6017.7117.8817.9918.16
Fibonacci17.4217.5317.5917.7017.8117.8717.98


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard15.4516.1716.6717.3917.8918.6119.11
Camarilla16.8316.9417.0517.1617.2717.3817.50
Woodie15.3316.1216.5517.3417.7718.5618.99
Fibonacci16.1716.6416.9317.3917.8618.1518.61


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard14.5415.3816.4417.2818.3419.1820.24
Camarilla16.9817.1517.3317.5017.6717.8518.02
Woodie14.6515.4416.5517.3418.4519.2420.35
Fibonacci15.3816.1116.5517.2818.0118.4519.18

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): 75.20
MACD (12,26,9): 0.3400
Directional Movement: 43.78
AROON (14): 78.57
DEMA (21): 18.51
Parabolic SAR (0,02-0,02-0,2): 17.69
Elder Ray (13): 0.67
Super Trend (3,10): 18.27
Zig ZAG (10): 19.04
VORTEX (21): 1.2000
Stochastique (14,3,5): 85.77
TEMA (21): 18.76
Williams %R (14): -8.54
Chande Momentum Oscillator (20): 1.38
Repulse (5,40,3): 2.2800
ROCnROLL: 1
TRIX (15,9): 0.1400
Courbe Coppock: 10.18
MA7: 17.71
MA20: 17.28
MA50: 16.78
MA100: 16.57
MAexp7: 18.63
MAexp20: 18.14
MAexp50: 17.79
MAexp100: 17.57
Price / MA7: +7.74%
Price / MA20: +10.42%
Price / MA50: +13.71%
Price / MA100: +15.15%
Price / MAexp7: +2.42%
Price / MAexp20: +5.18%
Price / MAexp50: +7.25%
Price / MAexp100: +8.59%

Quotes : - 15 min delayed data - Euronext Paris

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

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