ERYTECH PHARMA (ERYP.PA) Technical Analysis
EPA:ERYP • FR0011471135
Current stock price
ERYP.PA Technical Rating and Analysis
Overall ERYP gets a technical rating of 0 out of 10. ERYP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 92% of all other stocks performed better in the past year than ERYP.
- ERYP is part of the Biotechnology industry. There are 84 other stocks in this industry, of which 62% are performing better than ERYP.
- In the last month ERYP has a been trading in the 0.78 - 0.93 range, which is quite wide. It is currently trading near the lows of this range.
- ERYP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ERYP is lagging the market.
- Considerably lower volume is observed in the last couple of days.
ERYP.PA Weekly and Daily overview Charts
ERYP.PA Setup Rating and Analysis
Although the technical rating is bad, ERYP does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
ERYP.PA Support and Resistance Analysis
0.67
4 important support areas can be observed.
- Support @0.78 from a horizontal line in the daily time frame.
- Support @0.75 from a horizontal line in the weekly time frame.
- Support @0.72 from a trend line in the daily time frame.
- Support @0.68 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 0.81 to 0.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.86 to 0.87. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.96 from a trend line in the weekly time frame.
- Resistance @1.00 from a trend line in the daily time frame.
ERYP.PA Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for ERYP.PA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ERYP.PA is down. |
| ChartMill Relative Strength | 8.48 | NEGATIVE | ERYP.PA has a low relative strength, it was outperformed by 91.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ERYP.PA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ERYP.PA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ERYP.PA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.55 | NEUTRAL | The RSI value for ERYP.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ERYP.PA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.75 | OVERSOLD | The low Stochastics value suggests ERYP.PA may be oversold. |
| Average True Range in percent/ATR (20) | 5.88 | HIGH VOLATILITY | The high ATR as a percentage value for ERYP.PA suggests high volalility. |
| Average Directional Index/ADX (14) | 15.68 | NEGATIVE | The low ADX value for ERYP.PA suggests a weak or negative trend. |
ERYP.PA Chart- and CandleStick Pattern Analysis
ERYP.PA Technicals: Chart, Performance Metrics, Trend & Indicators
EPA:ERYP (6/28/2023, 7:00:00 PM)
0.801
+0 (+0.25%)
ERYTECH PHARMA / ERYP.PA TA FAQ
What is the ChartMill technical rating of ERYTECH PHARMA (ERYP.PA) stock?
ChartMill assigns a technical rating of 0 / 10 to ERYP.PA.
What is the trend direction for ERYP stock?
The current trend direction for ERYTECH PHARMA (ERYP.PA) is Bearish.
What is the RSI signal for ERYP stock?
ERYTECH PHARMA (ERYP.PA) has an RSI value of 41.5469. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for ERYTECH PHARMA?
The buy/sell signal for ERYTECH PHARMA (ERYP.PA) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for ERYTECH PHARMA?
ERYTECH PHARMA (ERYP.PA) has a support level at 0.78 and a resistance level at 0.81. Check the full technical report for our detailed analysis of ERYP.PA support and resistance levels.