ERYTECH PHARMA (ERYP.PA) Stock Technical Analysis
Europe - EPA:ERYP - FR0011471135 - Common Stock
We assign a technical rating of 0 out of 10 to ERYP. 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.
Although the technical rating is bad, ERYP does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
0.67
We found 4 important support areas.
- 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.
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. |
EPA:ERYP (6/28/2023, 7:00:00 PM)
0.801
+0 (+0.25%)
ERYTECH PHARMA / ERYP.PA FAQ
What is the ChartMill technical rating of ERYTECH PHARMA (ERYP.PA) stock?
ChartMill assigns a technical rating of 0 / 10 to ERYP.PA.
Can you provide the trend direction for ERYTECH PHARMA?
The current trend direction for ERYTECH PHARMA (ERYP.PA) is Bearish.
Can you provide the RSI signal for ERYTECH PHARMA?
ERYTECH PHARMA (ERYP.PA) has an RSI value of 41.5469. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ERYTECH PHARMA?
The MACD indicator for ERYTECH PHARMA (ERYP.PA) has a value of -0.00261897, indicating a bearish trend.
What are the support and resistance levels for ERYTECH PHARMA (ERYP.PA) stock?
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.