BELIEVE

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	BLV
ISIN:	FR0014003FE9

BELIEVE - Daily - Technical analysis published on 08/04/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

94%

My opinion

Bullish above 9.597 EUR

My targets

11.072 EUR (+5.14%)

14.641 EUR (+39.04%)

My analysis

In the short term, there could be an acceleration of the basic bullish trend on BELIEVE. This is a positive signal for buyers. As long as the price remains above 9.597 EUR, a purchase could be considered. The first bullish objective is located at 11.072 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 14.641 EUR as an objective. Crossing it would then enable buyers to target 17.370 EUR. In the event of a return below 9.597 EUR, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

6.3

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The BELIEVE rating is 10.530 EUR. The price has increased by +9.75% since the last closing with the lowest point at 9.830 EUR and the highest point at 10.570 EUR. The deviation from the price is +7.12% for the low point and -0.38% for the high point.

9.830

10.570

10.530

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

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

The Central Records scanner for higher/lower results shows an item:

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Daily of this BELIEVE chart shows a bullish trend. 64.29% of the signals given by moving averages are bullish. The overall trend is reinforced 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 price crossover with Moving Average 100

Type : Bullish

Timeframe : Daily

In fact, 17 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

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

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Upside gap

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	7.680	9.116	10.530	10.568	14.641	17.370
Change (%)	-27.07%	-13.43%	-	+0.36%	+39.04%	+64.96%
Change	-2.850	-1.414	-	+0.038	+4.111	+6.840
Level	Minor	Major	-	Minor	Intermediate	Minor

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	9.033	9.152	9.373	9.492	9.713	9.832	10.053
Camarilla	9.502	9.533	9.564	9.595	9.626	9.657	9.689
Woodie	9.085	9.178	9.425	9.518	9.765	9.858	10.105
Fibonacci	9.152	9.282	9.362	9.492	9.622	9.702	9.832

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	8.613	8.797	8.908	9.092	9.203	9.387	9.498
Camarilla	8.939	8.966	8.993	9.020	9.047	9.074	9.101
Woodie	8.578	8.779	8.873	9.074	9.168	9.369	9.463
Fibonacci	8.797	8.909	8.979	9.092	9.204	9.274	9.387

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	6.647	7.223	8.122	8.698	9.597	10.173	11.072
Camarilla	8.614	8.750	8.885	9.020	9.155	9.290	9.426
Woodie	6.808	7.304	8.283	8.779	9.758	10.254	11.233
Fibonacci	7.223	7.787	8.135	8.698	9.262	9.610	10.173

Numerical data

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

Technical indicators

Moving averages

RSI (14):	71.91
MACD (12,26,9):	0.3100
Directional Movement:	31.077
AROON (14):	100.000
DEMA (21):	9.422
Parabolic SAR (0,02-0,02-0,2):	9.120
Elder Ray (13):	0.863
Super Trend (3,10):	9.003
Zig ZAG (10):	10.440
VORTEX (21):	1.1520
Stochastique (14,3,5):	93.84
TEMA (21):	9.841
Williams %R (14):	-1.91
Chande Momentum Oscillator (20):	1.845
Repulse (5,40,3):	9.8770
ROCnROLL:	1
TRIX (15,9):	0.2940
Courbe Coppock:	25.56

MA7:	9.469
MA20:	8.947
MA50:	8.755
MA100:	10.259
MAexp7:	9.581
MAexp20:	9.099
MAexp50:	9.173
MAexp100:	10.247
Price / MA7:	+11.20%
Price / MA20:	+17.69%
Price / MA50:	+20.27%
Price / MA100:	+2.64%
Price / MAexp7:	+9.91%
Price / MAexp20:	+15.73%
Price / MAexp50:	+14.79%
Price / MAexp100:	+2.76%

Quotes : - 15 min delayed data - Euronext Paris

News

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

This member declared not having a position on this financial instrument or a related financial instrument.

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