Londinia Opportunities Analyses - 09/23/2022 (GMT) BIC - 1H

- EUR (-)

- 15 min delayed data - Euronext Paris

Type:	Stocks
Ticker:	BB
ISIN:	FR0000120966

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 bullish

Underlying: Strongly bullish

Technical indicators

78%

17%

My opinion

Bullish above 58.65 EUR

My targets

60.57 EUR (+2.06%)

64.07 EUR (+7.95%)

My analysis

BIC 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 58.65 EUR. The next resistance located at 60.57 EUR is the next bullish objective 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 64.07 EUR. After this resistance, buyers could then target 69.95 EUR. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

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

8.4

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

The BIC rating is 59.35 EUR. On the day, this instrument gained +2.42% and was traded between 58.75 EUR and 59.90 EUR over the period. The price is currently at +1.02% from its lowest and -0.92% from its highest.

58.75

59.90

59.35

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Opening Gap UP

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 Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in 1H of this BIC chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour

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

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

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	58.05	58.65	59.20	59.35	60.57	69.95	73.70
Change (%)	-2.19%	-1.18%	-0.25%	-	+2.06%	+17.86%	+24.18%
Change	-1.30	-0.70	-0.15	-	+1.22	+10.60	+14.35
Level	Intermediate	Minor	Minor	-	Major	Minor	Minor

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	56.45	56.75	57.35	57.65	58.25	58.55	59.15
Camarilla	57.70	57.79	57.87	57.95	58.03	58.12	58.20
Woodie	56.60	56.83	57.50	57.73	58.40	58.63	59.30
Fibonacci	56.75	57.09	57.31	57.65	57.99	58.21	58.55

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	53.13	54.17	55.38	56.42	57.63	58.67	59.88
Camarilla	55.98	56.19	56.39	56.60	56.81	57.01	57.22
Woodie	53.23	54.21	55.48	56.46	57.73	58.71	59.98
Fibonacci	54.17	55.03	55.56	56.42	57.28	57.81	58.67

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	46.78	50.47	53.58	57.27	60.38	64.07	67.18
Camarilla	54.83	55.45	56.08	56.70	57.32	57.95	58.57
Woodie	46.50	50.33	53.30	57.13	60.10	63.93	66.90
Fibonacci	50.47	53.06	54.67	57.27	59.86	61.47	64.07

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):	59.10
MACD (12,26,9):	0.4200
Directional Movement:	14.72
AROON (14):	28.57
DEMA (21):	58.92
Parabolic SAR (0,02-0,02-0,2):	57.99
Elder Ray (13):	0.31
Super Trend (3,10):	57.76
Zig ZAG (10):	59.00
VORTEX (21):	1.0600
Stochastique (14,3,5):	68.00
TEMA (21):	59.12
Williams %R (14):	-28.30
Chande Momentum Oscillator (20):	1.40
Repulse (5,40,3):	-0.0500
ROCnROLL:	1
TRIX (15,9):	0.0800
Courbe Coppock:	4.64

MA7:	57.51
MA20:	57.07
MA50:	57.40
MA100:	55.54
MAexp7:	58.97
MAexp20:	58.39
MAexp50:	57.79
MAexp100:	57.44
Price / MA7:	+3.20%
Price / MA20:	+4.00%
Price / MA50:	+3.40%
Price / MA100:	+6.86%
Price / MAexp7:	+0.64%
Price / MAexp20:	+1.64%
Price / MAexp50:	+2.70%
Price / MAexp100:	+3.33%

Quotes : - 15 min delayed data - Euronext Paris

News

The latest news and videos published on BIC at the time of the analysis were as follows: