B.COM.PORTUGUES
B.COM.PORTUGUES
- EUR (-)
- 15 min delayed data - Euronext Lisbonne
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: BCP
ISIN: PTBCP0AM0015

B.COM.PORTUGUES - Weekly - Technical analysis published on 09/16/2023 (GMT)

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

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 0.2389 EUR
My targets
0.2929 EUR (+12.71%)
1.7924 EUR (+589.65%)
My analysis
The bullish trend is currently very strong on B.COM.PORTUGUES. As long as the price remains above the support at 0.2389 EUR, you could try to benefit from the boom. The first bullish objective is located at 0.2929 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1.7924 EUR as an objective. Crossing it would then enable buyers to target 5.0964 EUR. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.8

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 Tezouro. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Daily

Additional analysis

Quotes

The B.COM.PORTUGUES price is 0.2599 EUR. Over 5 days, this instrument gained +6.47% and has been traded over the last 5 days between 0.2454 EUR and 0.2629 EUR. This implies that the 5 day price is +5.91% from its lowest point and -1.14% from its highest point.

0.2454
0.2629
0.2599

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this Weekly chart of B.COM.PORTUGUES indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Weekly

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



The analysis of the price chart with Central Patterns scanners does not return any result.

The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Central Candlesticks

Bullish harami

Type : Bullish

Timeframe : Weekly




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.1975 0.2389 0.2592 0.2599 1.7924 5.0964 20.1375
Change (%) -24.01% -8.08% -0.27% - +589.65% +1,860.91% +7,648.17%
Change -0.0624 -0.0210 -0.0007 - +1.5325 +4.8365 +19.8776
Level Major Major Major - Minor Minor 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
Standard0.25260.25520.25760.26020.26260.26520.2676
Camarilla0.25850.25900.25940.25990.26040.26080.2613
Woodie0.25240.25520.25740.26020.26240.26520.2674
Fibonacci0.25520.25710.25830.26020.26210.26330.2652


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.20630.22220.23310.24900.25990.27580.2867
Camarilla0.23670.23920.24160.24410.24660.24900.2515
Woodie0.20390.22100.23070.24780.25750.27460.2843
Fibonacci0.22220.23240.23870.24900.25920.26550.2758


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.21550.22530.24130.25110.26710.27690.2929
Camarilla0.25030.25270.25500.25740.25980.26210.2645
Woodie0.21870.22690.24450.25270.27030.27850.2961
Fibonacci0.22530.23510.24120.25110.26090.26700.2769

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): 62.41
MACD (12,26,9): 0.0149
Directional Movement: 8.7803
AROON (14): 28.5714
DEMA (21): 0.2556
Parabolic SAR (0,02-0,02-0,2): 0.2187
Elder Ray (13): 0.0104
Super Trend (3,10): 0.2084
Zig ZAG (10): 0.2599
VORTEX (21): 1.0522
Stochastique (14,3,5): 80.32
TEMA (21): 0.2578
Williams %R (14): -12.76
Chande Momentum Oscillator (20): 0.0509
Repulse (5,40,3): 3.9408
ROCnROLL: 1
TRIX (15,9): 0.9857
Courbe Coppock: 32.77
MA7: 0.2522
MA20: 0.2529
MA50: 0.2476
MA100: 0.2325
MAexp7: 0.2503
MAexp20: 0.2357
MAexp50: 0.2100
MAexp100: 0.1890
Price / MA7: +3.05%
Price / MA20: +2.77%
Price / MA50: +4.97%
Price / MA100: +11.78%
Price / MAexp7: +3.84%
Price / MAexp20: +10.27%
Price / MAexp50: +23.76%
Price / MAexp100: +37.51%

Quotes : - 15 min delayed data - Euronext Lisbonne

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

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