B.COM.PORTUGUES - Daily - Technical analysis published on 03/28/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Neutral
Technical indicators
22%
56%
22%
My opinion
Bearish under 0.1961 EUR
My targets
0.1838 EUR (-2.44%)
0.1756 EUR (-6.79%)
My analysis
The current short-term bearish trend is expected to quickly fix the basic bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for B.COM.PORTUGUES as long as the price remains well below 0.1961 EUR. The sellers' bearish objective is set at 0.1838 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.1756 EUR. If there is any crossing, the next objective would be the support located at 0.1572 EUR.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
2.1
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
B.COM.PORTUGUES rating 0.1884 EUR. The price is lower by -0.53% since the last closing and was between 0.1876 EUR and 0.1940 EUR. This implies that the price is at +0.43% from its lowest and at -2.89% from its highest.0.1876
0.1940
0.1884
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by B.COM.PORTUGUES:
Technical
Technical analysis of this Daily chart of B.COM.PORTUGUES indicates that the overall trend is not clearly defined. The strong bearish signals currently being given by short-term moving averages could allow the overall trend to return to a bearish trend. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.1572 | 0.1756 | 0.1838 | 0.1884 | 0.1961 | 0.2069 | 0.2294 |
| Change (%) | -16.56% | -6.79% | -2.44% | - | +4.09% | +9.82% | +21.76% |
| Change | -0.0312 | -0.0128 | -0.0046 | - | +0.0077 | +0.0185 | +0.0410 |
| Level | Intermediate | Intermediate | Minor | - | Intermediate | Major | Major |
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 | 0.1793 | 0.1818 | 0.1856 | 0.1881 | 0.1919 | 0.1944 | 0.1982 |
| Camarilla | 0.1877 | 0.1883 | 0.1888 | 0.1894 | 0.1900 | 0.1906 | 0.1911 |
| Woodie | 0.1800 | 0.1821 | 0.1863 | 0.1884 | 0.1926 | 0.1947 | 0.1989 |
| Fibonacci | 0.1818 | 0.1842 | 0.1857 | 0.1881 | 0.1905 | 0.1920 | 0.1944 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.1406 | 0.1550 | 0.1707 | 0.1851 | 0.2008 | 0.2152 | 0.2309 |
| Camarilla | 0.1781 | 0.1809 | 0.1836 | 0.1864 | 0.1892 | 0.1919 | 0.1947 |
| Woodie | 0.1413 | 0.1553 | 0.1714 | 0.1854 | 0.2015 | 0.2155 | 0.2316 |
| Fibonacci | 0.1550 | 0.1665 | 0.1736 | 0.1851 | 0.1966 | 0.2037 | 0.2152 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.1586 | 0.1750 | 0.2016 | 0.2180 | 0.2446 | 0.2610 | 0.2876 |
| Camarilla | 0.2164 | 0.2203 | 0.2243 | 0.2282 | 0.2321 | 0.2361 | 0.2400 |
| Woodie | 0.1637 | 0.1776 | 0.2067 | 0.2206 | 0.2497 | 0.2636 | 0.2927 |
| Fibonacci | 0.1750 | 0.1914 | 0.2016 | 0.2180 | 0.2344 | 0.2446 | 0.2610 |
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): | 39.74 | |
| MACD (12,26,9): | -0.0057 | |
| Directional Movement: | -18.0984 | |
| AROON (14): | -57.1429 | |
| DEMA (21): | 0.1944 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.1694 | |
| Elder Ray (13): | -0.0055 | |
| Super Trend (3,10): | 0.2217 | |
| Zig ZAG (10): | 0.1880 | |
| VORTEX (21): | 0.8533 | |
| Stochastique (14,3,5): | 30.02 | |
| TEMA (21): | 0.1852 | |
| Williams %R (14): | -69.12 | |
| Chande Momentum Oscillator (20): | -0.0337 | |
| Repulse (5,40,3): | -2.8924 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.2025 | |
| Courbe Coppock: | 29.66 |
| MA7: | 0.1909 | |
| MA20: | 0.2060 | |
| MA50: | 0.2043 | |
| MA100: | 0.1795 | |
| MAexp7: | 0.1914 | |
| MAexp20: | 0.2000 | |
| MAexp50: | 0.1980 | |
| MAexp100: | 0.1858 | |
| Price / MA7: | -1.31% | |
| Price / MA20: | -8.54% | |
| Price / MA50: | -7.78% | |
| Price / MA100: | +4.96% | |
| Price / MAexp7: | -1.57% | |
| Price / MAexp20: | -5.80% | |
| Price / MAexp50: | -4.85% | |
| Price / MAexp100: | +1.40% |
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 informs about 2022 Annual Report
- Banco Comercial Português, S.A. informs about notice of acquisition of securities
- Banco Comercial Português, S.A. informs about upgrade of deposits rating to Investment Grade and Long-Term Issuer Default Rating to 'BB+' by Fitch Ratings
- Banco Comercial Português, S.A. informs about consolidated earnings in 2022
- Banco Comercial Português, S.A. informs about signing of conditional agreement concerning the sale of Millennium Financial Services sp. z o.o. and strategic insurance cooperation
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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