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 07/05/2023 (GMT)

Londinia

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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

50%

22%

28%

My opinion

Bullish above 102.5 EUR

My targets

110.8 EUR (+2.62%)

115.2 EUR (+6.64%)

My analysis

The bullish trend is currently very strong on BAINS MER MONACO. As long as the price remains above the support at 102.5 EUR, you could try to benefit from the boom. The first bullish objective is located at 110.8 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 115.2 EUR as an objective. Crossing it would then enable buyers to target 120.3 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, the general bullish sentiment is not called into question, despite technical indicators being indecisive.

Force

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

Additional analysis

Quotes

The BAINS MER MONACO price is 108.0 EUR. On the day, this instrument gained +2.86% with the lowest point at 108.0 EUR and the highest point at 108.0 EUR. The deviation from the price is 0% for the low point and 0% for the high point.

108.0

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

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 for higher/lower results shows the following items:

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

Technical analysis of BAINS MER MONACO in Daily 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. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

In fact, of the 18 technical indicators analysed by Central Analyzer, 9 are bullish, 5 are neutral and 4 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near support of channel

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Doji

Type : Neutral

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	99.0	102.5	106.5	108.0	109.5
Change (%)	-8.33%	-5.09%	-1.39%	-	+1.39%
Change	-9.0	-5.5	-1.5	-	+1.5
Level	Intermediate	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	101.0	103.0	104.0	106.0	107.0	109.0	110.0
Camarilla	104.2	104.5	104.7	105.0	105.3	105.6	105.8
Woodie	100.5	102.8	103.5	105.8	106.5	108.8	109.5
Fibonacci	103.0	104.2	104.9	106.0	107.2	107.9	109.0

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	99.3	102.2	104.3	107.2	109.3	112.2	114.3
Camarilla	105.1	105.6	106.0	106.5	107.0	107.4	107.9
Woodie	99.0	102.0	104.0	107.0	109.0	112.0	114.0
Fibonacci	102.2	104.1	105.3	107.2	109.1	110.3	112.2

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	91.8	96.2	101.3	105.7	110.8	115.2	120.3
Camarilla	103.9	104.8	105.6	106.5	107.4	108.2	109.1
Woodie	92.3	96.4	101.8	105.9	111.3	115.4	120.8
Fibonacci	96.2	99.8	102.0	105.7	109.3	111.5	115.2

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):	55.30
MACD (12,26,9):	0.6000
Directional Movement:	-7.8
AROON (14):	35.7
DEMA (21):	107.6
Parabolic SAR (0,02-0,02-0,2):	109.9
Elder Ray (13):	1.2
Super Trend (3,10):	112.3
Zig ZAG (10):	108.0
VORTEX (21):	0.9000
Stochastique (14,3,5):	54.90
TEMA (21):	106.9
Williams %R (14):	-28.60
Chande Momentum Oscillator (20):	3.0
Repulse (5,40,3):	-3.1000
ROCnROLL:	1
TRIX (15,9):	0.1000
Courbe Coppock:	3.40

MA7:	106.8
MA20:	106.5
MA50:	104.6
MA100:	99.1
MAexp7:	106.9
MAexp20:	106.5
MAexp50:	104.2
MAexp100:	100.1
Price / MA7:	+1.12%
Price / MA20:	+1.41%
Price / MA50:	+3.25%
Price / MA100:	+8.98%
Price / MAexp7:	+1.03%
Price / MAexp20:	+1.41%
Price / MAexp50:	+3.65%
Price / MAexp100:	+7.89%

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:

BAINS DE MER MONACO : STRATEGIC PARTNERSHIP BETWEEN S.B.M. AND GEG

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

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