For multi-frame technical analysis
Frame 15 minutes
big trend

After forming a bottom near 14.75, the bearish trend started to shift from bearish to a consolidation/reversal attempt.

reason:

Gradually forming higher lows.
The RSI is starting to rise from oversold territory.
During the decline, selling momentum weakens as volume decreases.
support and resistance
First support level: 14.75
Main support level: 14.50
Instant resistance: 15.00
Important resistance level: 15.25
Axial resistance: 15.50
index
RSI moves to around 45-50 → starting to regain momentum.
MACD often approaches a positive crossover.
Stochastic rebounded from oversold conditions.
Volume is relatively low → rebound requires liquidity confirmation.
price action

A small rebound candle appeared near support, clearly rejecting a move above 14.75.

clock frame (apparent frame)
big trend

The medium-term trend remains bearish but attempts to form a price base.

reason:

Continuously lower peaks.
A clear breakout of the 16.20 and 15.50 areas.
But prices are currently trying to stay above historical support.
Technical field
Very strong support levels: 14.75 – 14.85
Small support: 14.50
Axial resistance: 15.00
Important resistance level: 15.25
Trend reversal resistance: 15.50 then 16.00
Technical model
classic

have:

If 15.00 is exceeded, a double bottom pattern may be formed at 14.75.
A short-term descending channel that has tested its lower limit.
harmonic

A Bat or Gartley pattern is not entirely possible and a breakout of 15.25 needs confirmation.

Technical indicators
relative strength index

RSI=100−
1+RS
100
​

Study nearly 45 years old.
Relatively positive after exiting oversold conditions.
There is a slight positive divergence.
Smoothed Moving Average Convergence and Divergence

Smoothed Moving Average Convergence and Divergence = Exponential Moving Average
12
​

−EMA
26
​

Negative momentum is waning.
If 15 is exceeded, a positive crossover is likely soon.
volume
Low volume during the decline indicates seller weakness.
We need liquidity to move above 15.00 to confirm the move higher.
daily frame
big trend

The daily trend remains bearish since the top near 16.70.

but:

Prices are approaching a strong demand zone.
The probability of the correction wave ending is high.
support and resistance levels
14.75 is the key support.
14.50 Significant investment support.
15.50 trend resistance.
16.20 is the main resistance.
16.70 Pivot Top.
average value

Prices tend to be below the 50-day moving average → bearish in the medium term.

weekly frame
big trend

Weekly trends:

The side that slopes downward.
The stock is trading within a medium range.
advantage
Close to the historical retro district.
Gradually saturated.
shortcoming
There is no strong breakthrough yet.
Liquidity is relatively poor.
advanced analytics
Elliot Waves

The stock appears to have finished:

Roughly five o’clock downward pulse wave.
An upward ABC corrective wave may begin.
SMC – Smart Money
The 14.70-14.80 area looks like a buy order zone.
Liquidity was drained below the bottom and then rebounded quickly.
Volume overview

The maximum volume concentration is close to:

15:00
Then 15.50

This explains the difficulty of infiltration.

time analysis

After the completion of the last downward wave in late May, a reversal time cycle occurred.

Fibonacci

Fibonacci retracement

Important rallies:

38.2% close to 15.25
61.8% close to 15.80
Expected scenario
positive scenario
Log in

Deadline is after 15:00.

Target
First goal: 15.25
Second target: 15.50
Third goal: 15.80
stop loss

14.72

risk reward ratio

almost:
R:R≈1:2.5

negative scenario

If 14.75 is breached and closed significantly:

bearish target
14.50
14.20
13.90
Stop selling

Back to above 15 o’clock

News and financial factors
influential news

The pharmaceutical industry is affected by:

Government contracts.
Financial quarterly results.
Any regulatory updates from the FDA.
Distro

It’s best to monitor Spimaco Pharmaceuticals’ investor relations page for any new cash distributions or grants.

Brief financial outlook

The stock is relatively defensive but sensitive to margins and operating costs.

Final recommendation
for speculators
Safe entry after breaking 15 pips.
Monitor liquidity carefully.
It is very important not to break through 14.75.
For investors
The current area is conducive to gradually establishing a position.
But the real reversal confirmation is above 15.50.
quick summary
14.75 = trend protection zone.
15.00 = Next movement key.
A break above 15.25 opens the way to 15.50-15.80.
A breakout of 14.75 brings strong negative sentiment.

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