Londinia Opportunities Analyses - 01/20/2022 (GMT) GALAPAGOS - 1H

- EUR (-)

- 15 min delayed data - Euronext Amsterdam

Type:	Stocks
Ticker:	GLPG
ISIN:	BE0003818359

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 bullish

Underlying: Strongly bullish

Technical indicators

78%

17%

My opinion

Bullish above 48.555 EUR

My targets

49.985 EUR (+1.49%)

52.583 EUR (+6.77%)

My analysis

The bullish trend is currently very strong on GALAPAGOS. As long as the price remains above the support at 48.555 EUR, you could try to benefit from the boom. The first bullish objective is located at 49.985 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 52.583 EUR as an objective. Crossing it would then enable buyers to target 58.530 EUR. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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

8.4

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

The GALAPAGOS price is 49.250 EUR. The price registered an increase of +2.73% on the session and was traded between 48.150 EUR and 49.910 EUR over the period. The price is currently at +2.28% from its lowest and -1.32% from its highest.

48.150

49.910

49.250

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by GALAPAGOS:

The Central Records scanner for higher/lower results shows the following items:

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in 1H of this GALAPAGOS 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. An assessment of moving averages reveals a bullish signal that could impact this trend:

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : 1 hour

In fact, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour

The analysis of the price chart with Central Patterns scanners does not return any result.

For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Bearish harami

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	46.989	48.067	48.555	49.250	49.288	49.985	58.530
Change (%)	-4.59%	-2.40%	-1.41%	-	+0.08%	+1.49%	+18.84%
Change	-2.261	-1.183	-0.695	-	+0.038	+0.735	+9.280
Level	Major	Minor	Minor	-	Major	Intermediate	Intermediate

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
Standard	46.145	46.600	47.270	47.725	48.395	48.850	49.520
Camarilla	47.631	47.734	47.837	47.940	48.043	48.146	48.249
Woodie	46.253	46.654	47.378	47.779	48.503	48.904	49.628
Fibonacci	46.600	47.030	47.295	47.725	48.155	48.420	48.850

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	42.053	43.342	45.563	46.852	49.073	50.362	52.583
Camarilla	46.820	47.142	47.463	47.785	48.107	48.429	48.750
Woodie	42.520	43.575	46.030	47.085	49.540	50.595	53.050
Fibonacci	43.342	44.683	45.511	46.852	48.193	49.021	50.362

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	35.180	38.240	43.730	46.790	52.280	55.340	60.830
Camarilla	46.869	47.653	48.436	49.220	50.004	50.788	51.571
Woodie	36.395	38.848	44.945	47.398	53.495	55.948	62.045
Fibonacci	38.240	41.506	43.524	46.790	50.056	52.074	55.340

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	65.55
MACD (12,26,9):	0.2240
Directional Movement:	20.352
AROON (14):	64.286
DEMA (21):	48.751
Parabolic SAR (0,02-0,02-0,2):	47.389
Elder Ray (13):	0.758
Super Trend (3,10):	47.869
Zig ZAG (10):	49.475
VORTEX (21):	0.9860
Stochastique (14,3,5):	90.54
TEMA (21):	48.717
Williams %R (14):	-17.86
Chande Momentum Oscillator (20):	1.920
Repulse (5,40,3):	0.9580
ROCnROLL:	1
TRIX (15,9):	0.0070
Courbe Coppock:	0.38

MA7:	47.884
MA20:	47.601
MA50:	45.974
MA100:	46.179
MAexp7:	48.865
MAexp20:	48.510
MAexp50:	48.046
MAexp100:	47.597
Price / MA7:	+2.85%
Price / MA20:	+3.46%
Price / MA50:	+7.13%
Price / MA100:	+6.65%
Price / MAexp7:	+0.79%
Price / MAexp20:	+1.53%
Price / MAexp50:	+2.51%
Price / MAexp100:	+3.47%

Quotes : - 15 min delayed data - Euronext Amsterdam

News

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