Londinia Opportunities Analyses - 09/26/2022 (GMT) BNP PARIBAS ACT.A - 1H

BNP PARIBAS ACT.A
- EUR (-)
- 15 min delayed data - Euronext Paris
Type: Stocks
Ticker: BNP
ISIN: FR0000131104

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • Europe Stocks
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
11%
78%
11%
My opinion
Bearish under 46.599 EUR
My targets
45.712 EUR (-1.26%)
44.980 EUR (-2.84%)
My analysis
The bearish trend is currently very strong for BNP PARIBAS ACT.A. As long as the price remains below the resistance at 46.599 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 45.712 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 44.980 EUR as an objective. Crossing it would then enable sellers to target 43.442 EUR. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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.

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
0
10
8.2

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

The BNP PARIBAS ACT.A rating is 46.295 EUR. On the day, this instrument lost -1.30% and was traded between 46.150 EUR and 46.990 EUR over the period. The price is currently at +0.31% from its lowest and -1.48% from its highest.

46.150
46.990
46.295

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.

Central Gaps

Opening Gap DOWN

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by BNP PARIBAS ACT.A:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of BNP PARIBAS ACT.A indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

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

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Near support of triangle

Type : Bullish

Timeframe : 1 hour



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 43.442 44.980 45.712 46.295 46.599 47.665 48.210
Change (%) -6.16% -2.84% -1.26% - +0.66% +2.96% +4.14%
Change -2.853 -1.315 -0.583 - +0.304 +1.370 +1.915
Level Major Minor Major - Major Major Intermediate



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
Standard44.32545.40546.15547.23547.98549.06549.815
Camarilla46.40246.57046.73746.90547.07347.24147.408
Woodie44.16045.32345.99047.15347.82048.98349.650
Fibonacci45.40546.10446.53647.23547.93448.36649.065


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard42.27844.38245.64347.74749.00851.11252.373
Camarilla45.98046.28846.59746.90547.21447.52247.830
Woodie41.85844.17145.22347.53648.58850.90151.953
Fibonacci44.38245.66746.46147.74749.03249.82651.112


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard38.27741.62844.05747.40849.83753.18855.617
Camarilla44.89645.42545.95546.48547.01547.54548.075
Woodie37.81541.39843.59547.17849.37552.95855.155
Fibonacci41.62843.83645.20047.40849.61650.98053.188

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): 36.98
MACD (12,26,9): -0.4710
Directional Movement: -22.333
AROON (14): -100.000
DEMA (21): 46.910
Parabolic SAR (0,02-0,02-0,2): 48.179
Elder Ray (13): -0.688
Super Trend (3,10): 48.183
Zig ZAG (10): 46.760
VORTEX (21): 0.8860
Stochastique (14,3,5): 14.78
TEMA (21): 46.689
Williams %R (14): -81.84
Chande Momentum Oscillator (20): -1.575
Repulse (5,40,3): 0.2210
ROCnROLL: 2
TRIX (15,9): -0.1130
Courbe Coppock: 6.08
MA7: 48.104
MA20: 48.028
MA50: 47.375
MA100: 47.851
MAexp7: 46.897
MAexp20: 47.526
MAexp50: 48.167
MAexp100: 48.386
Price / MA7: -3.76%
Price / MA20: -3.61%
Price / MA50: -2.28%
Price / MA100: -3.25%
Price / MAexp7: -1.28%
Price / MAexp20: -2.59%
Price / MAexp50: -3.89%
Price / MAexp100: -4.32%

Quotes : - 15 min delayed data - Euronext Paris