NEWRON PHARMA N
NEWRON PHARMA N
- CHF (-)
- 15 min delayed data - Switzerland SWX Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: NWRN
ISIN: IT0004147952

NEWRON PHARMA N - 1H - Technical analysis published on 01/15/2024 (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
78%
0%
22%
My opinion
Bullish above 9.0000 CHF
My targets
11.3200 CHF (+4.33%)
12.7600 CHF (+17.60%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on NEWRON PHARMA N as long as the price remains well above 9.0000 CHF. The buyers' bullish objective is set at 11.3200 CHF. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 12.7600 CHF. If there is any crossing, the next objective would be the resistance located at 13.8133 CHF. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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
8.6

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:
Daily Weekly

Additional analysis

Quotes

The NEWRON PHARMA N rating is 10.8500 CHF. On the day, this instrument gained +9.82% and was between 9.7400 CHF and 11.4500 CHF. This implies that the price is at +11.40% from its lowest and at -5.24% from its highest.

9.7400
11.4500
10.8500

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



Here is a more detailed summary of the historical variations registered by NEWRON PHARMA N:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


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 detects abnormal volumes on the asset:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of this 1H chart of NEWRON PHARMA N indicates that the overall trend is strongly bullish. 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. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is overbought : over 80

Type : Neutral

Timeframe : 1 hour


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Central Candlesticks

Long white line

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 7.5200 8.0583 9.0000 10.8500 13.8133 27.8000 35.0000
Change (%) -30.69% -25.73% -17.05% - +27.31% +156.22% +222.58%
Change -3.3300 -2.7917 -1.8500 - +2.9633 +16.9500 +24.1500
Level Minor Intermediate Minor - Minor Minor Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard7.08677.75338.81679.483310.546711.213312.2767
Camarilla9.40439.56289.72149.880010.038610.197210.3558
Woodie7.28507.85259.01509.582510.745011.312512.4750
Fibonacci7.75338.41428.82259.483310.144210.552511.2133


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3.22004.66007.27008.710011.320012.760015.3700
Camarilla8.76639.13759.50889.880010.251310.622510.9938
Woodie3.80504.95257.85509.002511.905013.052515.9550
Fibonacci4.66006.20717.16298.710010.257111.212912.7600


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3.23673.74334.34674.85335.45675.96336.5667
Camarilla4.64484.74654.84834.95005.05185.15355.2553
Woodie3.28503.76754.39504.87755.50505.98756.6150
Fibonacci3.74334.16744.42934.85335.27745.53935.9633

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): 84.36
MACD (12,26,9): 0.6644
Directional Movement: 41.8621
AROON (14): 64.2857
DEMA (21): 10.0826
Parabolic SAR (0,02-0,02-0,2): 8.9273
Elder Ray (13): 1.0249
Super Trend (3,10): 9.1631
Zig ZAG (10): 10.9000
VORTEX (21): 1.1822
Stochastique (14,3,5): 80.46
TEMA (21): 10.2237
Williams %R (14): -18.15
Chande Momentum Oscillator (20): 2.0400
Repulse (5,40,3): 11.3565
ROCnROLL: 1
TRIX (15,9): 1.0277
Courbe Coppock: 29.71
MA7: 8.3543
MA20: 5.9750
MA50: 5.2644
MA100: 5.2744
MAexp7: 9.9416
MAexp20: 9.2165
MAexp50: 8.1010
MAexp100: 7.0137
Price / MA7: +29.87%
Price / MA20: +81.59%
Price / MA50: +106.10%
Price / MA100: +105.71%
Price / MAexp7: +9.14%
Price / MAexp20: +17.72%
Price / MAexp50: +33.93%
Price / MAexp100: +54.70%

Quotes : - 15 min delayed data - Switzerland SWX Stocks

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

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