BENETEAU

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	BEN
ISIN:	FR0000035164

BENETEAU - 1H - Technical analysis published on 10/12/2023 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

94%

My opinion

Bullish above 11.92 EUR

My targets

12.39 EUR (+1.56%)

12.73 EUR (+4.34%)

My analysis

BENETEAU 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 11.92 EUR. The next resistance located at 12.39 EUR is the next bullish target 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 12.73 EUR. After this resistance, buyers could then target 13.39 EUR.

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

7.3

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 BENETEAU price is 12.20 EUR. On the day, this instrument gained +2.87% and was between 11.98 EUR and 12.24 EUR. This implies that the price is at +1.84% from its lowest and at -0.33% from its highest.

11.98

12.24

12.20

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum 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 Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 20 days

Technical

A technical analysis in 1H of this BENETEAU chart shows a bullish trend. 75.00% of the signals given by moving averages are bullish. This 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.

The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

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

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour

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

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	11.06	11.38	11.92	12.20	12.39	12.73	13.39
Change (%)	-9.34%	-6.72%	-2.30%	-	+1.56%	+4.34%	+9.75%
Change	-1.14	-0.82	-0.28	-	+0.19	+0.53	+1.19
Level	Minor	Major	Intermediate	-	Intermediate	Minor	Intermediate

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11.61	11.71	11.79	11.89	11.97	12.07	12.15
Camarilla	11.81	11.83	11.84	11.86	11.88	11.89	11.91
Woodie	11.59	11.71	11.77	11.89	11.95	12.07	12.13
Fibonacci	11.71	11.78	11.83	11.89	11.96	12.01	12.07

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10.63	10.95	11.29	11.61	11.95	12.27	12.61
Camarilla	11.46	11.52	11.58	11.64	11.70	11.76	11.82
Woodie	10.65	10.96	11.31	11.62	11.97	12.28	12.63
Fibonacci	10.95	11.20	11.36	11.61	11.86	12.02	12.27

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	6.95	9.01	10.23	12.29	13.51	15.57	16.79
Camarilla	10.56	10.86	11.16	11.46	11.76	12.06	12.36
Woodie	6.54	8.80	9.82	12.08	13.10	15.36	16.38
Fibonacci	9.01	10.26	11.03	12.29	13.54	14.31	15.57

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):	67.43
MACD (12,26,9):	0.1000
Directional Movement:	22.66
AROON (14):	85.72
DEMA (21):	12.10
Parabolic SAR (0,02-0,02-0,2):	12.01
Elder Ray (13):	0.16
Super Trend (3,10):	11.95
Zig ZAG (10):	12.18
VORTEX (21):	1.1300
Stochastique (14,3,5):	93.65
TEMA (21):	12.15
Williams %R (14):	-14.29
Chande Momentum Oscillator (20):	0.24
Repulse (5,40,3):	0.5600
ROCnROLL:	1
TRIX (15,9):	0.1000
Courbe Coppock:	3.44

MA7:	11.76
MA20:	12.47
MA50:	13.35
MA100:	14.30
MAexp7:	12.10
MAexp20:	11.97
MAexp50:	11.86
MAexp100:	12.00
Price / MA7:	+3.74%
Price / MA20:	-2.17%
Price / MA50:	-8.61%
Price / MA100:	-14.69%
Price / MAexp7:	+0.83%
Price / MAexp20:	+1.92%
Price / MAexp50:	+2.87%
Price / MAexp100:	+1.67%

Quotes : - 15 min delayed data - Euronext Paris

News

Don't forget to follow the news on BENETEAU. 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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