Londinia Opportunities Analyses - 09/16/2021 (GMT) BOSKALIS WESTMIN - 1H

Type:	Stocks
Ticker:	BOKA
ISIN:	NL0000852580

Londinia

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.

Europe Stocks
Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

11%

67%

22%

My opinion

Bearish under 27.05 EUR

My targets

26.70 EUR (-0.67%)

26.44 EUR (-1.64%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on BOSKALIS WESTMIN as long as the price remains well below 27.05 EUR. The sellers' bearish objective is set at 26.70 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 26.44 EUR. In case of crossing, the next objective would be the support located at 25.13 EUR. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.

Force

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.

Additional analysis

Quotes

The BOSKALIS WESTMIN rating is 26.88 EUR. The price has increased by +0.07% since the last closing and was traded between 26.80 EUR and 26.90 EUR over the period. The price is currently at +0.30% from its lowest and -0.07% from its highest.

26.80

26.90

26.88

A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.

Opening Gap DOWN

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows an item:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of BOSKALIS WESTMIN in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a bearish signal.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

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

Pivot points : price is under support 3

Type : Neutral

Timeframe : 1 hour

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal support

Type : Bullish

Timeframe : 1 hour

Support of channel is broken

Type : Bearish

Timeframe : 1 hour

Support of triangle is broken

Type : Bearish

Timeframe : 1 hour

For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Bearish engulfing lines

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	25.13	26.44	26.70	26.88	27.05	27.26	27.48
Change (%)	-6.51%	-1.64%	-0.67%	-	+0.63%	+1.41%	+2.23%
Change	-1.75	-0.44	-0.18	-	+0.17	+0.38	+0.60
Level	Major	Major	Minor	-	Minor	Major	Major

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	26.25	26.53	26.69	26.97	27.13	27.41	27.57
Camarilla	26.74	26.78	26.82	26.86	26.90	26.94	26.98
Woodie	26.20	26.50	26.64	26.94	27.08	27.38	27.52
Fibonacci	26.53	26.70	26.80	26.97	27.14	27.24	27.41

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	25.59	26.31	26.69	27.41	27.79	28.51	28.89
Camarilla	26.76	26.86	26.96	27.06	27.16	27.26	27.36
Woodie	25.41	26.23	26.51	27.33	27.61	28.43	28.71
Fibonacci	26.31	26.73	26.99	27.41	27.83	28.09	28.51

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	23.79	24.99	26.43	27.63	29.07	30.27	31.71
Camarilla	27.15	27.40	27.64	27.88	28.12	28.36	28.61
Woodie	23.92	25.05	26.56	27.69	29.20	30.33	31.84
Fibonacci	24.99	26.00	26.62	27.63	28.64	29.26	30.27

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):	32.40
MACD (12,26,9):	-0.1100
Directional Movement:	-17.45
AROON (14):	-92.86
DEMA (21):	26.93
Parabolic SAR (0,02-0,02-0,2):	27.12
Elder Ray (13):	-0.18
Super Trend (3,10):	27.18
Zig ZAG (10):	26.86
VORTEX (21):	0.8200
Stochastique (14,3,5):	15.98
TEMA (21):	26.90
Williams %R (14):	-90.00
Chande Momentum Oscillator (20):	-0.52
Repulse (5,40,3):	-0.3400
ROCnROLL:	2
TRIX (15,9):	-0.0400
Courbe Coppock:	2.95

MA7:	27.32
MA20:	27.51
MA50:	26.99
MA100:	27.37
MAexp7:	26.94
MAexp20:	27.09
MAexp50:	27.25
MAexp100:	27.38
Price / MA7:	-1.61%
Price / MA20:	-2.29%
Price / MA50:	-0.41%
Price / MA100:	-1.79%
Price / MAexp7:	-0.22%
Price / MAexp20:	-0.78%
Price / MAexp50:	-1.36%
Price / MAexp100:	-1.83%

Quotes : - 15 min delayed data - Euronext Amsterdam

News

The last news published on BOSKALIS WESTMIN at the time of the generation of this analysis was as follows: