B&S GROUP

- EUR (-)

- 15 min delayed data - Euronext Amsterdam

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	BSGR
ISIN:	LU1789205884

B&S GROUP - Daily - Technical analysis published on 01/17/2020 (GMT)

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Timeframe : Daily
- Analysis generated on
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Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Neutral

Technical indicators

78%

22%

My opinion

Bullish above 10.08 EUR

My targets

10.70 EUR (+3.88%)

12.20 EUR (+18.45%)

My analysis

The current short-term bullish acceleration on B&S GROUP should quickly allow the basic trend to return to bullish. To avoid contradicting the short term, traders may prefer long positions (at the time of purchase) as long as the price remains well above 10.08 EUR. Short-term buyers will use the resistance located at 10.70 EUR as an objective. A bullish break in this resistance would boost the bullish momentum. The next bullish objective would then be set at 12.20 EUR. Crossing this resistance would then open the door for buyers to target 13.38 EUR. Caution, if there is a return to under 10.08 EUR, it should not be forgotten that the basic trend is not yet clearly defined. Beware of against the trend sellers, many of whom will certainly benefit from this movement.

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

3.9

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

Additional analysis

Quotes

The B&S GROUP price is 10.30 EUR. On the day, this instrument gained +0.78% and was traded between 10.22 EUR and 10.42 EUR over the period. The price is currently at +0.78% from its lowest and -1.15% from its highest.

10.22

10.42

10.30

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

Bullish opening

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 study of the highest / lowest by the Central Records scanner shows the following results:

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 B&S GROUP chart shows a neutral trend. This indecision could turn into a bullish trend due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 14 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

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

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	9.34	10.08	10.30	10.70	12.20	13.38
Change (%)	-9.32%	-2.14%	-	+3.88%	+18.45%	+29.90%
Change	-0.96	-0.22	-	+0.40	+1.90	+3.08
Level	Major	Intermediate	-	Minor	Minor	Minor

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9.79	9.97	10.09	10.27	10.39	10.57	10.69
Camarilla	10.14	10.17	10.19	10.22	10.25	10.28	10.30
Woodie	9.77	9.96	10.07	10.26	10.37	10.56	10.67
Fibonacci	9.97	10.08	10.15	10.27	10.38	10.45	10.57

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9.15	9.35	9.69	9.89	10.23	10.43	10.77
Camarilla	9.87	9.92	9.97	10.02	10.07	10.12	10.17
Woodie	9.21	9.39	9.75	9.93	10.29	10.47	10.83
Fibonacci	9.35	9.56	9.69	9.89	10.10	10.23	10.43

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	8.24	8.76	9.18	9.70	10.12	10.64	11.06
Camarilla	9.34	9.43	9.51	9.60	9.69	9.77	9.86
Woodie	8.19	8.74	9.13	9.68	10.07	10.62	11.01
Fibonacci	8.76	9.12	9.34	9.70	10.06	10.28	10.64

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):	65.67
MACD (12,26,9):	0.1100
Directional Movement:	19.32
AROON (14):	50.00
DEMA (21):	10.02
Parabolic SAR (0,02-0,02-0,2):	9.64
Elder Ray (13):	0.32
Super Trend (3,10):	9.62
Zig ZAG (10):	10.32
VORTEX (21):	1.1000
Stochastique (14,3,5):	80.74
TEMA (21):	10.23
Williams %R (14):	-15.56
Chande Momentum Oscillator (20):	0.72
Repulse (5,40,3):	-0.9900
ROCnROLL:	1
TRIX (15,9):	0.0500
Courbe Coppock:	10.10

MA7:	10.10
MA20:	9.81
MA50:	9.80
MA100:	10.55
MAexp7:	10.12
MAexp20:	9.92
MAexp50:	10.05
MAexp100:	10.61
Price / MA7:	+1.98%
Price / MA20:	+4.99%
Price / MA50:	+5.10%
Price / MA100:	-2.37%
Price / MAexp7:	+1.78%
Price / MAexp20:	+3.83%
Price / MAexp50:	+2.49%
Price / MAexp100:	-2.92%

News

The last news published on B&S GROUP at the time of the generation of this analysis was as follows:

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

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