BENETEAU

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	BEN
ISIN:	FR0000035164

BENETEAU - Daily - Technical analysis published on 10/12/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

39%

22%

39%

My opinion

Bearish under 12.39 EUR

My targets

11.38 EUR (-6.72%)

10.23 EUR (-16.12%)

My analysis

BENETEAU is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 12.39 EUR. The next support located at 11.38 EUR is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 10.23 EUR. Below this support, sellers could then target 9.22 EUR. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.

Force

5.5

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.

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Additional analysis

Quotes

BENETEAU rating 12.20 EUR. The price registered an increase of +2.87% on the session with the lowest point at 11.98 EUR and the highest point at 12.24 EUR. The deviation from the price is +1.84% for the low point and -0.33% for the high point.

11.98

12.24

12.20

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

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

Abnormal volumes on BENETEAU were detected by the Central Volumes scanner:

Abnormal volumes

Timeframe : 20 days

Technical

A technical analysis in Daily of this BENETEAU chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	6.87	9.22	11.38	12.20	12.39	13.39	14.08
Change (%)	-43.69%	-24.43%	-6.72%	-	+1.56%	+9.75%	+15.41%
Change	-5.33	-2.98	-0.82	-	+0.19	+1.19	+1.88
Level	Intermediate	Major	Major	-	Intermediate	Intermediate	Major

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11.61	11.71	11.79	11.89	11.97	12.07	12.15
Camarilla	11.81	11.83	11.84	11.86	11.88	11.89	11.91
Woodie	11.59	11.71	11.77	11.89	11.95	12.07	12.13
Fibonacci	11.71	11.78	11.83	11.89	11.96	12.01	12.07

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10.63	10.95	11.29	11.61	11.95	12.27	12.61
Camarilla	11.46	11.52	11.58	11.64	11.70	11.76	11.82
Woodie	10.65	10.96	11.31	11.62	11.97	12.28	12.63
Fibonacci	10.95	11.20	11.36	11.61	11.86	12.02	12.27

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	6.95	9.01	10.23	12.29	13.51	15.57	16.79
Camarilla	10.56	10.86	11.16	11.46	11.76	12.06	12.36
Woodie	6.54	8.80	9.82	12.08	13.10	15.36	16.38
Fibonacci	9.01	10.26	11.03	12.29	13.54	14.31	15.57

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):	42.00
MACD (12,26,9):	-0.5200
Directional Movement:	-8.88
AROON (14):	-28.57
DEMA (21):	11.66
Parabolic SAR (0,02-0,02-0,2):	11.11
Elder Ray (13):	0.03
Super Trend (3,10):	12.71
Zig ZAG (10):	12.22
VORTEX (21):	0.7400
Stochastique (14,3,5):	34.56
TEMA (21):	11.50
Williams %R (14):	-56.15
Chande Momentum Oscillator (20):	-0.76
Repulse (5,40,3):	2.7800
ROCnROLL:	-1
TRIX (15,9):	-0.6000
Courbe Coppock:	25.47

MA7:	11.77
MA20:	12.47
MA50:	13.35
MA100:	14.30
MAexp7:	11.91
MAexp20:	12.35
MAexp50:	13.18
MAexp100:	13.77
Price / MA7:	+3.65%
Price / MA20:	-2.17%
Price / MA50:	-8.61%
Price / MA100:	-14.69%
Price / MAexp7:	+2.43%
Price / MAexp20:	-1.21%
Price / MAexp50:	-7.44%
Price / MAexp100:	-11.40%

Quotes : - 15 min delayed data - Euronext Paris

News

Don't forget to follow the news on BENETEAU. At the time of publication of this analysis, the latest news was as follows:

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

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Londinia AI

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