B.COM.PORTUGUES - Daily - Technical analysis published on 08/02/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
44%
28%
28%
My opinion
Bearish under 0.1475 EUR
My targets
0.1401 EUR (-1.82%)
0.1338 EUR (-6.24%)
My analysis
B.COM.PORTUGUES 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 0.1475 EUR. The next support located at 0.1401 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 0.1338 EUR. Below this support, sellers could then target 0.1262 EUR.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
4.1
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The B.COM.PORTUGUES rating is 0.1427 EUR. On the day, this instrument lost -0.35% with the lowest point at 0.1408 EUR and the highest point at 0.1433 EUR. The deviation from the price is +1.35% for the low point and -0.42% for the high point.0.1408
0.1433
0.1427
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of B.COM.PORTUGUES in Daily shows an overall bearish trend. 78.57% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 8 are bullish, 5 are neutral and 5 are bearish. The Central Indicators scanner found this result concerning these indicators:
Parabolic SAR indicator bearish reversal
Type : Bearish
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
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.1262 | 0.1338 | 0.1401 | 0.1427 | 0.1475 | 0.1647 | 0.1734 |
| Change (%) | -11.56% | -6.24% | -1.82% | - | +3.36% | +15.42% | +21.51% |
| Change | -0.0165 | -0.0089 | -0.0026 | - | +0.0048 | +0.0220 | +0.0307 |
| Level | Minor | Major | Major | - | Intermediate | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.1379 | 0.1405 | 0.1418 | 0.1444 | 0.1457 | 0.1483 | 0.1496 |
| Camarilla | 0.1421 | 0.1425 | 0.1428 | 0.1432 | 0.1436 | 0.1439 | 0.1443 |
| Woodie | 0.1374 | 0.1402 | 0.1413 | 0.1441 | 0.1452 | 0.1480 | 0.1491 |
| Fibonacci | 0.1405 | 0.1420 | 0.1429 | 0.1444 | 0.1459 | 0.1468 | 0.1483 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.1217 | 0.1310 | 0.1378 | 0.1471 | 0.1539 | 0.1632 | 0.1700 |
| Camarilla | 0.1401 | 0.1416 | 0.1430 | 0.1445 | 0.1460 | 0.1475 | 0.1489 |
| Woodie | 0.1204 | 0.1304 | 0.1365 | 0.1465 | 0.1526 | 0.1626 | 0.1687 |
| Fibonacci | 0.1310 | 0.1372 | 0.1410 | 0.1471 | 0.1533 | 0.1571 | 0.1632 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.0945 | 0.1138 | 0.1291 | 0.1484 | 0.1637 | 0.1830 | 0.1983 |
| Camarilla | 0.1350 | 0.1382 | 0.1413 | 0.1445 | 0.1477 | 0.1508 | 0.1540 |
| Woodie | 0.0926 | 0.1128 | 0.1272 | 0.1474 | 0.1618 | 0.1820 | 0.1964 |
| Fibonacci | 0.1138 | 0.1270 | 0.1352 | 0.1484 | 0.1616 | 0.1698 | 0.1830 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 41.00 | |
| MACD (12,26,9): | -0.0049 | |
| Directional Movement: | -6.6893 | |
| AROON (14): | 64.2857 | |
| DEMA (21): | 0.1409 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.1565 | |
| Elder Ray (13): | -0.0036 | |
| Super Trend (3,10): | 0.1552 | |
| Zig ZAG (10): | 0.1420 | |
| VORTEX (21): | 0.8804 | |
| Stochastique (14,3,5): | 43.83 | |
| TEMA (21): | 0.1407 | |
| Williams %R (14): | -60.85 | |
| Chande Momentum Oscillator (20): | 0.0001 | |
| Repulse (5,40,3): | -3.9429 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.5768 | |
| Courbe Coppock: | 0.16 |
| MA7: | 0.1451 | |
| MA20: | 0.1450 | |
| MA50: | 0.1649 | |
| MA100: | 0.1612 | |
| MAexp7: | 0.1444 | |
| MAexp20: | 0.1480 | |
| MAexp50: | 0.1560 | |
| MAexp100: | 0.1589 | |
| Price / MA7: | -1.65% | |
| Price / MA20: | -1.59% | |
| Price / MA50: | -13.46% | |
| Price / MA100: | -11.48% | |
| Price / MAexp7: | -1.18% | |
| Price / MAexp20: | -3.58% | |
| Price / MAexp50: | -8.53% | |
| Price / MAexp100: | -10.20% |
Quotes :
-
15 min delayed data
-
Euronext Lisbonne
News
The latest news and videos published on B.COM.PORTUGUES at the time of the analysis were as follows:
- Banco Comercial Português, S.A. informs about consolidated earnings in H1 2022
- Banco Comercial Português, S.A. informs about Bank Millennium (Poland) results in H1 2022
- Banco Comercial Português, S.A. informs about the replacement of the Statutory Auditor and External Auditor's representative due to legal requirement
- Banco Comercial Português, S.A. informs about expected negative impact of credit holidays on 3rd quarter 2022 results of Bank Millennium S.A. Capital Group and launching of the Recovery Plan
- Banco Comercial Português, S.A. informs about provisions for FX-denominated mortgage loans booked by Bank Millennium, S.A.
This 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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