BAINS MER MONACO
BAINS MER MONACO
- EUR (-)
- 15 min delayed data - Euronext Paris
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: BAIN
ISIN: MC0000031187

BAINS MER MONACO - Daily - Technical analysis published on 04/14/2023 (GMT)

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

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
67%
11%
22%
My opinion
Bullish above 94.9 EUR
My targets
99.0 EUR (+2.27%)
My analysis
The bullish trend is currently very strong on BAINS MER MONACO. As long as the price remains above the support at 94.9 EUR, you could try to benefit from the boom. The first bullish objective is located at 99.0 EUR. The bullish momentum would be boosted by a break in this resistance. 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
7.9

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 Londinia. Take part yourself by sharing additional analysis on another time unit:
Weekly

Additional analysis

Quotes

The BAINS MER MONACO rating is 96.8 EUR. The price has increased by +1.68% since the last closing and was between 96.8 EUR and 96.8 EUR. This implies that the price is at 0% from its lowest and at 0% from its highest.

96.8
96.8
96.8

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by BAINS MER MONACO:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


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


A technical analysis in Daily of this BAINS MER MONACO chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 12 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily


Ichimoku - Bearish crossover : Tenkan & Kijun

Type : Bearish

Timeframe : Daily


Momentum indicator is back under 0

Type : Bearish

Timeframe : Daily



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

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : Daily



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:

Central Candlesticks

Bullish harami cross

Type : Bullish

Timeframe : Daily


Doji

Type : Neutral

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 87.0 91.8 94.9 96.8 97.2 99.0
Change (%) -10.12% -5.17% -1.96% - +0.41% +2.27%
Change -9.8 -5.0 -1.9 - +0.4 +2.2
Level Intermediate Minor Major - Intermediate Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard92.894.094.695.896.497.698.2
Camarilla94.794.995.095.295.495.595.7
Woodie92.593.994.395.796.197.597.9
Fibonacci94.094.795.195.896.596.997.6


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard82.085.090.093.098.0101.0106.0
Camarilla92.893.594.395.095.796.597.2
Woodie83.085.591.093.599.0101.5107.0
Fibonacci85.088.189.993.096.197.9101.0


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard70.577.784.791.998.9106.1113.1
Camarilla87.989.290.591.893.194.495.7
Woodie70.577.784.791.998.9106.1113.1
Fibonacci77.783.186.491.997.3100.6106.1

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 56.60
MACD (12,26,9): 0.8000
Directional Movement: 0.4
AROON (14): -57.1
DEMA (21): 95.2
Parabolic SAR (0,02-0,02-0,2): 88.4
Elder Ray (13): 2.4
Super Trend (3,10): 88.5
Zig ZAG (10): 96.8
VORTEX (21): 1.0000
Stochastique (14,3,5): 81.80
TEMA (21): 94.9
Williams %R (14): -8.30
Chande Momentum Oscillator (20): -0.4
Repulse (5,40,3): 0.6000
ROCnROLL: 1
TRIX (15,9): 0.1000
Courbe Coppock: 3.50
MA7: 94.0
MA20: 94.6
MA50: 92.2
MA100: 88.4
MAexp7: 95.0
MAexp20: 94.1
MAexp50: 92.1
MAexp100: 89.8
Price / MA7: +2.98%
Price / MA20: +2.33%
Price / MA50: +4.99%
Price / MA100: +9.50%
Price / MAexp7: +1.89%
Price / MAexp20: +2.87%
Price / MAexp50: +5.10%
Price / MAexp100: +7.80%

Quotes : - 15 min delayed data - Euronext Paris

News


The latest news and videos published on BAINS MER MONACO 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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