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 09/24/2023 (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 (+11.51%)

1.7924 EUR (+582.30%)

My analysis

B.COM.PORTUGUES is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.2389 EUR. The next resistance located at 0.2929 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 1.7924 EUR. After this resistance, buyers could then target 5.0964 EUR. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem 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

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

B.COM.PORTUGUES rating 0.2627 EUR. Over 5 days, this instrument gained +1.08% and has been traded over the last 5 days between 0.2527 EUR and 0.2659 EUR. This implies that the 5 day price is +3.96% from its lowest point and -1.20% from its highest point.

0.2527

0.2659

0.2627

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

So that you have an overall view of the price change, here is a table showing the variations over several periods:

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

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of B.COM.PORTUGUES in Weekly shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Weekly

No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near resistance of channel

Type : Bearish

Timeframe : Weekly

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.1219	0.1975	0.2389	0.2627	1.7924	5.0964	20.1375
Change (%)	-53.60%	-24.82%	-9.06%	-	+582.30%	+1,840.01%	+7,565.59%
Change	-0.1408	-0.0652	-0.0238	-	+1.5297	+4.8337	+19.8748
Level	Minor	Major	Major	-	Minor	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	0.2514	0.2550	0.2588	0.2624	0.2662	0.2698	0.2736
Camarilla	0.2607	0.2613	0.2620	0.2627	0.2634	0.2641	0.2647
Woodie	0.2516	0.2551	0.2590	0.2625	0.2664	0.2699	0.2738
Fibonacci	0.2550	0.2578	0.2595	0.2624	0.2652	0.2669	0.2698

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.2306	0.2376	0.2488	0.2558	0.2670	0.2740	0.2852
Camarilla	0.2549	0.2566	0.2582	0.2599	0.2616	0.2632	0.2649
Woodie	0.2326	0.2387	0.2508	0.2569	0.2690	0.2751	0.2872
Fibonacci	0.2376	0.2446	0.2489	0.2558	0.2628	0.2671	0.2740

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 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):	63.23
MACD (12,26,9):	0.0153
Directional Movement:	9.4727
AROON (14):	28.5714
DEMA (21):	0.2585
Parabolic SAR (0,02-0,02-0,2):	0.2207
Elder Ray (13):	0.0122
Super Trend (3,10):	0.2084
Zig ZAG (10):	0.2627
VORTEX (21):	1.0635
Stochastique (14,3,5):	80.81
TEMA (21):	0.2609
Williams %R (14):	-8.61
Chande Momentum Oscillator (20):	0.0431
Repulse (5,40,3):	5.5964
ROCnROLL:	1
TRIX (15,9):	0.9887
Courbe Coppock:	34.43

MA7:	0.2578
MA20:	0.2550
MA50:	0.2507
MA100:	0.2341
MAexp7:	0.2534
MAexp20:	0.2383
MAexp50:	0.2121
MAexp100:	0.1905
Price / MA7:	+1.90%
Price / MA20:	+3.02%
Price / MA50:	+4.79%
Price / MA100:	+12.22%
Price / MAexp7:	+3.67%
Price / MAexp20:	+10.24%
Price / MAexp50:	+23.86%
Price / MAexp100:	+37.90%

Quotes : - 15 min delayed data - Euronext Lisbonne

News

Don't forget to follow the news on B.COM.PORTUGUES. At the time of publication of this analysis, the latest news was as follows:

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

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