BASIC-FIT
BASIC-FIT
- EUR (-)
- 15 min delayed data - Euronext Amsterdam
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: BFIT
ISIN: NL0011872650

BASIC-FIT - Daily - Technical analysis published on 02/01/2023 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 28.84 EUR
My targets
32.47 EUR (+3.34%)
35.30 EUR (+12.35%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on BASIC-FIT. This is a positive signal for buyers. As long as the price remains above 28.84 EUR, a purchase could be considered. The first bullish objective is located at 32.47 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 35.30 EUR as an objective. Crossing it would then enable buyers to target 37.86 EUR. In the event of a return below 28.84 EUR, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7

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:
15 min. 1H Weekly

Additional analysis

Quotes

The BASIC-FIT price is 31.42 EUR. On the day, this instrument gained +4.39% and was between 30.36 EUR and 32.16 EUR. This implies that the price is at +3.49% from its lowest and at -2.30% from its highest.

30.36
32.16
31.42

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

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in Daily of this BASIC-FIT chart shows a bullish trend. 75.00% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Moving Average bullish crossovers : AMA50 & AMA100

Type : Bullish

Timeframe : Daily



In fact, 15 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

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:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


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:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : Daily



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 23.84 27.07 28.84 31.42 32.47 35.30 37.86
Change (%) -24.12% -13.84% -8.21% - +3.34% +12.35% +20.50%
Change -7.58 -4.35 -2.58 - +1.05 +3.88 +6.44
Level Minor Major Major - Major Intermediate Intermediate



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
Standard29.3029.5829.8430.1230.3830.6630.92
Camarilla29.9530.0030.0530.1030.1530.2030.25
Woodie29.2929.5829.8330.1230.3730.6630.91
Fibonacci29.5829.7929.9130.1230.3330.4530.66


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard26.9927.8529.0929.9531.1932.0533.29
Camarilla29.7629.9630.1530.3430.5330.7330.92
Woodie27.1927.9529.2930.0531.3932.1533.49
Fibonacci27.8528.6529.1429.9530.7531.2432.05


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard20.3322.5726.3328.5732.3334.5738.33
Camarilla28.4529.0029.5530.1030.6531.2031.75
Woodie21.1022.9527.1028.9533.1034.9539.10
Fibonacci22.5724.8626.2828.5730.8632.2834.57

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): 74.29
MACD (12,26,9): 1.2500
Directional Movement: 33.01
AROON (14): 85.71
DEMA (21): 30.54
Parabolic SAR (0,02-0,02-0,2): 29.78
Elder Ray (13): 1.65
Super Trend (3,10): 28.61
Zig ZAG (10): 31.50
VORTEX (21): 1.2600
Stochastique (14,3,5): 77.16
TEMA (21): 31.18
Williams %R (14): -15.71
Chande Momentum Oscillator (20): 2.98
Repulse (5,40,3): 2.8300
ROCnROLL: 1
TRIX (15,9): 0.6700
Courbe Coppock: 14.25
MA7: 30.21
MA20: 29.11
MA50: 26.35
MA100: 27.63
MAexp7: 30.22
MAexp20: 28.93
MAexp50: 27.71
MAexp100: 28.80
Price / MA7: +4.01%
Price / MA20: +7.94%
Price / MA50: +19.24%
Price / MA100: +13.72%
Price / MAexp7: +3.97%
Price / MAexp20: +8.61%
Price / MAexp50: +13.39%
Price / MAexp100: +9.10%

Quotes : - 15 min delayed data - Euronext Amsterdam

News


The last news published on BASIC-FIT at the time of the generation of this analysis was as follows:

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

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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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