Londinia Opportunities Analyses - 09/23/2022 (GMT) AMICUS THERAPEUTICS INC. - 1H

AMICUS THERAPEUTICS INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Type: Stocks
Ticker: FOLD
ISIN:

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • U.S. Stocks
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
6%
78%
17%
My opinion
Bearish under 10.08 USD
My targets
9.43 USD (-4.78%)
8.73 USD (-11.79%)
My analysis
The bearish trend is currently very strong for AMICUS THERAPEUTICS INC.. As long as the price remains below the resistance at 10.08 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 9.43 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 8.73 USD as an objective. Crossing it would then enable sellers to target 8.60 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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 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
0
10
8.4

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

The AMICUS THERAPEUTICS INC. rating is 9.90 USD. The price is lower by -4.62% since the last closing and was traded between 9.90 USD and 10.36 USD over the period. The price is currently at 0% from its lowest and -4.44% from its highest.

9.90
10.36
9.90

Here is a more detailed summary of the historical variations registered by AMICUS THERAPEUTICS INC.:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in 1H of this AMICUS THERAPEUTICS INC. chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being 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 bearish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

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

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is under support 3

Type : Neutral

Timeframe : 1 hour



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

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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 6.60 7.90 8.60 9.90 10.08 10.42 10.88
Change (%) -33.33% -20.20% -13.13% - +1.82% +5.25% +9.90%
Change -3.30 -2.00 -1.30 - +0.18 +0.52 +0.98
Level Major Intermediate Major - Major Minor Intermediate



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard9.809.9710.1710.3410.5410.7110.91
Camarilla10.2810.3110.3510.3810.4110.4510.48
Woodie9.839.9810.2010.3510.5710.7210.94
Fibonacci9.9710.1110.2010.3410.4810.5710.71


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard8.739.4310.0210.7211.3112.0112.60
Camarilla10.2710.3810.5010.6210.7410.8610.98
Woodie8.699.409.9810.6911.2711.9812.56
Fibonacci9.439.9210.2210.7211.2111.5112.01


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard6.448.099.6611.3112.8814.5316.10
Camarilla10.3510.6410.9411.2311.5311.8212.12
Woodie6.408.079.6211.2912.8414.5116.06
Fibonacci8.099.3210.0811.3112.5413.3014.53

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): 30.72
MACD (12,26,9): -0.1700
Directional Movement: -8.85
AROON (14): -85.71
DEMA (21): 10.15
Parabolic SAR (0,02-0,02-0,2): 10.47
Elder Ray (13): -0.33
Super Trend (3,10): 10.64
Zig ZAG (10): 9.93
VORTEX (21): 0.7700
Stochastique (14,3,5): 4.80
TEMA (21): 10.12
Williams %R (14): -97.89
Chande Momentum Oscillator (20): -0.87
Repulse (5,40,3): -2.8000
ROCnROLL: 2
TRIX (15,9): -0.1500
Courbe Coppock: 10.30
MA7: 10.53
MA20: 11.00
MA50: 11.22
MA100: 9.99
MAexp7: 10.19
MAexp20: 10.34
MAexp50: 10.55
MAexp100: 10.81
Price / MA7: -5.98%
Price / MA20: -10.00%
Price / MA50: -11.76%
Price / MA100: -0.90%
Price / MAexp7: -2.85%
Price / MAexp20: -4.26%
Price / MAexp50: -6.16%
Price / MAexp100: -8.42%

Quotes : - 15 min delayed data - Actions NASDAQ