Londinia Opportunities Analyses - 01/19/2022 (GMT) PHAXIAM TX - 1H

- EUR (-)

- 15 min delayed data - Euronext Paris

Type:	Stocks
Ticker:	PHXM
ISIN:	FR001400K4B1

Londinia

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.

Europe Stocks
Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

11%

67%

22%

My opinion

Bearish under 2.050 EUR

My targets

2.010 EUR (-0.99%)

1.990 EUR (-1.97%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on ERYTECH PHARMA as long as the price remains well below 2.050 EUR. The sellers' bearish objective is set at 2.010 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.990 EUR. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.

Force

7.9

A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.

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Additional analysis

Quotes

ERYTECH PHARMA rating 2.030 EUR. The price registered a decrease of -1.22% on the session and was traded between 2.030 EUR and 2.050 EUR over the period. The price is currently at 0% from its lowest and -0.98% from its highest.

2.030

2.050

2.030

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

Opening Gap DOWN

Type : Bearish

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:

Near a new LOW record (5 years)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

New LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in 1H of this ERYTECH PHARMA chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 12 technical indicators on 18 studied are currently bearish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Pivot points : price is under support 1

Type : Neutral

Timeframe : 1 hour

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Support of channel is broken

Type : Bearish

Timeframe : 1 hour

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

ProTrendLines

Price

	S2	S1	R1	Price	R2	R3
ProTrendLines	1.990	2.010	2.030	2.030	2.050	2.100
Change (%)	-1.97%	-0.99%	0%	-	+0.99%	+3.45%
Change	-0.040	-0.020	0	-	+0.020	+0.070
Level	Intermediate	Minor	Minor	-	Intermediate	Major

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	1.995	2.025	2.040	2.070	2.085	2.115	2.130
Camarilla	2.043	2.047	2.051	2.055	2.059	2.063	2.067
Woodie	1.988	2.021	2.033	2.066	2.078	2.111	2.123
Fibonacci	2.025	2.042	2.053	2.070	2.087	2.098	2.115

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.890	1.970	2.025	2.105	2.160	2.240	2.295
Camarilla	2.043	2.055	2.068	2.080	2.092	2.105	2.117
Woodie	1.878	1.964	2.013	2.099	2.148	2.234	2.283
Fibonacci	1.970	2.022	2.053	2.105	2.157	2.188	2.240

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.210	1.600	1.860	2.250	2.510	2.900	3.160
Camarilla	1.941	2.001	2.060	2.120	2.180	2.239	2.299
Woodie	1.145	1.568	1.795	2.218	2.445	2.868	3.095
Fibonacci	1.600	1.848	2.002	2.250	2.498	2.652	2.900

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):	34.70
MACD (12,26,9):	-0.0120
Directional Movement:	-2.219
AROON (14):	-85.714
DEMA (21):	2.049
Parabolic SAR (0,02-0,02-0,2):	2.099
Elder Ray (13):	-0.022
Super Trend (3,10):	2.097
Zig ZAG (10):	2.030
VORTEX (21):	0.8920
Stochastique (14,3,5):	7.84
TEMA (21):	2.043
Williams %R (14):	-100.00
Chande Momentum Oscillator (20):	-0.050
Repulse (5,40,3):	-1.3220
ROCnROLL:	2
TRIX (15,9):	-0.0530
Courbe Coppock:	3.70

MA7:	2.072
MA20:	2.096
MA50:	2.163
MA100:	3.335
MAexp7:	2.047
MAexp20:	2.064
MAexp50:	2.080
MAexp100:	2.094
Price / MA7:	-2.03%
Price / MA20:	-3.15%
Price / MA50:	-6.15%
Price / MA100:	-39.13%
Price / MAexp7:	-0.83%
Price / MAexp20:	-1.65%
Price / MAexp50:	-2.40%
Price / MAexp100:	-3.06%

Quotes : - 15 min delayed data - Euronext Paris

News

The latest news and videos published on ERYTECH PHARMA at the time of the analysis were as follows: