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%

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

8.8

Comment on the analysis

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:

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.

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:

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:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Weekly

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

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:

Bullish harami

Type : Bullish

Timeframe : Weekly

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
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
Standard	0.2526	0.2552	0.2576	0.2602	0.2626	0.2652	0.2676
Camarilla	0.2585	0.2590	0.2594	0.2599	0.2604	0.2608	0.2613
Woodie	0.2524	0.2552	0.2574	0.2602	0.2624	0.2652	0.2674
Fibonacci	0.2552	0.2571	0.2583	0.2602	0.2621	0.2633	0.2652

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.2063	0.2222	0.2331	0.2490	0.2599	0.2758	0.2867
Camarilla	0.2367	0.2392	0.2416	0.2441	0.2466	0.2490	0.2515
Woodie	0.2039	0.2210	0.2307	0.2478	0.2575	0.2746	0.2843
Fibonacci	0.2222	0.2324	0.2387	0.2490	0.2592	0.2655	0.2758

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.2155	0.2253	0.2413	0.2511	0.2671	0.2769	0.2929
Camarilla	0.2503	0.2527	0.2550	0.2574	0.2598	0.2621	0.2645
Woodie	0.2187	0.2269	0.2445	0.2527	0.2703	0.2785	0.2961
Fibonacci	0.2253	0.2351	0.2412	0.2511	0.2609	0.2670	0.2769

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

News

The latest news and videos published on B.COM.PORTUGUES at the time of the analysis were as follows:

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

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