BPOST - Daily - Technical analysis published on 05/08/2023 (GMT)
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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
33%
39%
28%
My opinion
Bearish under 4.711 EUR
My targets
3.811 EUR (-14.74%)
3.165 EUR (-29.20%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on BPOST as long as the price remains well below 4.711 EUR. The sellers' bearish objective is set at 3.811 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 3.165 EUR. In case of crossing, the next objective would be the support located at 2.265 EUR. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
6.3
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
BPOST rating 4.470 EUR. The price registered an increase of +5.92% on the session and was traded between 4.182 EUR and 4.504 EUR over the period. The price is currently at +6.89% from its lowest and -0.75% from its highest.4.182
4.504
4.470
A study of price movements over other periods shows the following variations:
Near a new LOW record (5 years)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Abnormal volumes on BPOST were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Technical
Technical analysis of BPOST in Daily shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 6 are bullish, 5 are neutral and 7 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator: bullish divergence
Type : Bullish
Timeframe : Daily
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
R1
R2
R3
Price
| Price | R1 | R2 | R3 | |
|---|---|---|---|---|
| ProTrendLines | 4.470 | 5.135 | 5.578 | 6.200 |
| Change (%) | - | +14.88% | +24.79% | +38.70% |
| Change | - | +0.665 | +1.108 | +1.730 |
| Level | - | Major | Major | 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 | 3.945 | 4.063 | 4.267 | 4.385 | 4.589 | 4.707 | 4.911 |
| Camarilla | 4.382 | 4.411 | 4.441 | 4.470 | 4.500 | 4.529 | 4.559 |
| Woodie | 3.987 | 4.085 | 4.309 | 4.407 | 4.631 | 4.729 | 4.953 |
| Fibonacci | 4.063 | 4.186 | 4.262 | 4.385 | 4.508 | 4.584 | 4.707 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.265 | 3.165 | 3.811 | 4.711 | 5.357 | 6.257 | 6.903 |
| Camarilla | 4.033 | 4.175 | 4.316 | 4.458 | 4.600 | 4.741 | 4.883 |
| Woodie | 2.139 | 3.102 | 3.685 | 4.648 | 5.231 | 6.194 | 6.777 |
| Fibonacci | 3.165 | 3.755 | 4.120 | 4.711 | 5.301 | 5.666 | 6.257 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.265 | 3.165 | 3.811 | 4.711 | 5.357 | 6.257 | 6.903 |
| Camarilla | 4.033 | 4.175 | 4.316 | 4.458 | 4.600 | 4.741 | 4.883 |
| Woodie | 2.139 | 3.102 | 3.685 | 4.648 | 5.231 | 6.194 | 6.777 |
| Fibonacci | 3.165 | 3.755 | 4.120 | 4.711 | 5.301 | 5.666 | 6.257 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 41.04 | |
| MACD (12,26,9): | -0.2170 | |
| Directional Movement: | -13.569 | |
| AROON (14): | -21.429 | |
| DEMA (21): | 4.503 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.154 | |
| Elder Ray (13): | -0.268 | |
| Super Trend (3,10): | 4.896 | |
| Zig ZAG (10): | 4.470 | |
| VORTEX (21): | 0.8400 | |
| Stochastique (14,3,5): | 16.26 | |
| TEMA (21): | 4.312 | |
| Williams %R (14): | -73.74 | |
| Chande Momentum Oscillator (20): | -0.910 | |
| Repulse (5,40,3): | 8.1200 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.3220 | |
| Courbe Coppock: | 30.92 |
| MA7: | 4.290 | |
| MA20: | 4.893 | |
| MA50: | 4.966 | |
| MA100: | 4.999 | |
| MAexp7: | 4.433 | |
| MAexp20: | 4.738 | |
| MAexp50: | 4.922 | |
| MAexp100: | 5.043 | |
| Price / MA7: | +4.20% | |
| Price / MA20: | -8.65% | |
| Price / MA50: | -9.99% | |
| Price / MA100: | -10.58% | |
| Price / MAexp7: | +0.83% | |
| Price / MAexp20: | -5.66% | |
| Price / MAexp50: | -9.18% | |
| Price / MAexp100: | -11.36% |
Quotes :
-
15 min delayed data
-
Euronext Bruxelles
News
Don't forget to follow the news on BPOST. At the time of publication of this analysis, the latest news was as follows:
bpostThis member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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