Londinia Opportunities Analyses - 01/26/2023 (GMT) BEFESA S.A. ORD. O.N. - 1H
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EUR
(-)
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15 min delayed data - Germany Stocks
| Type: | Stocks |
| Ticker: | BFSA |
| ISIN: | LU1704650164 |
- Europe Stocks
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 53.56 EUR
My targets
56.82 EUR (+3.12%)
60.56 EUR (+9.91%)
My analysis
BEFESA S.A. ORD. O.N. 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 53.56 EUR. The next resistance located at 56.82 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 60.56 EUR. After this resistance, buyers could then target 64.81 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
0
10
8.8
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
The BEFESA S.A. ORD. O.N. rating is 55.10 EUR. On the day, this instrument gained +1.29% and was traded between 54.70 EUR and 56.15 EUR over the period. The price is currently at +0.73% from its lowest and -1.87% from its highest.54.70
56.15
55.10
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
Here is a more detailed summary of the historical variations registered by BEFESA S.A. ORD. O.N.:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of BEFESA S.A. ORD. O.N. indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly 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.
In fact, 15 technical indicators on 18 studied are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
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
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 49.30 | 52.49 | 53.56 | 55.10 | 55.31 | 56.82 | 60.56 |
| Change (%) | -10.53% | -4.74% | -2.79% | - | +0.38% | +3.12% | +9.91% |
| Change | -5.80 | -2.61 | -1.54 | - | +0.21 | +1.72 | +5.46 |
| Level | Minor | Major | Intermediate | - | Intermediate | Major | Major |
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 | 52.85 | 53.20 | 53.80 | 54.15 | 54.75 | 55.10 | 55.70 |
| Camarilla | 54.14 | 54.23 | 54.31 | 54.40 | 54.49 | 54.57 | 54.66 |
| Woodie | 52.98 | 53.26 | 53.93 | 54.21 | 54.88 | 55.16 | 55.83 |
| Fibonacci | 53.20 | 53.56 | 53.79 | 54.15 | 54.51 | 54.74 | 55.10 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 48.32 | 49.98 | 51.97 | 53.63 | 55.62 | 57.28 | 59.27 |
| Camarilla | 52.95 | 53.28 | 53.62 | 53.95 | 54.29 | 54.62 | 54.95 |
| Woodie | 48.48 | 50.06 | 52.13 | 53.71 | 55.78 | 57.36 | 59.43 |
| Fibonacci | 49.98 | 51.38 | 52.24 | 53.63 | 55.03 | 55.89 | 57.28 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 36.61 | 38.35 | 41.71 | 43.45 | 46.81 | 48.55 | 51.91 |
| Camarilla | 43.66 | 44.13 | 44.59 | 45.06 | 45.53 | 46.00 | 46.46 |
| Woodie | 37.41 | 38.76 | 42.51 | 43.86 | 47.61 | 48.96 | 52.71 |
| Fibonacci | 38.35 | 40.30 | 41.51 | 43.45 | 45.40 | 46.61 | 48.55 |
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): | 60.35 | |
| MACD (12,26,9): | 0.2800 | |
| Directional Movement: | 16.21 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 54.81 | |
| Parabolic SAR (0,02-0,02-0,2): | 53.75 | |
| Elder Ray (13): | 0.27 | |
| Super Trend (3,10): | 53.94 | |
| Zig ZAG (10): | 55.05 | |
| VORTEX (21): | 1.0600 | |
| Stochastique (14,3,5): | 58.33 | |
| TEMA (21): | 54.93 | |
| Williams %R (14): | -40.38 | |
| Chande Momentum Oscillator (20): | 1.25 | |
| Repulse (5,40,3): | 0.1300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0400 | |
| Courbe Coppock: | 3.29 |
| MA7: | 54.06 | |
| MA20: | 50.80 | |
| MA50: | 45.83 | |
| MA100: | 40.20 | |
| MAexp7: | 54.86 | |
| MAexp20: | 54.49 | |
| MAexp50: | 53.99 | |
| MAexp100: | 52.81 | |
| Price / MA7: | +1.92% | |
| Price / MA20: | +8.46% | |
| Price / MA50: | +20.23% | |
| Price / MA100: | +37.06% | |
| Price / MAexp7: | +0.44% | |
| Price / MAexp20: | +1.12% | |
| Price / MAexp50: | +2.06% | |
| Price / MAexp100: | +4.34% |
Quotes :
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15 min delayed data
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Actions Allemagne
News
Don't forget to follow the news on BEFESA S.A. ORD. O.N.. At the time of publication of this analysis, the latest news was as follows:
- EQS-News: Befesa S.A.: Befesa continues to deliver strong results with 9M’22 up 20% yoy and confirms FY guidance towards lower end
- DGAP-News: Befesa S.A.: Befesa continues to deliver with 25% yoy EBITDA growth and €118m in H1, despite volatile market environment
- DGAP-Adhoc: Befesa S.A.: 5-year Sustainable Global Growth Plan and personnel changes within the Board of Directors
- DGAP-News: Befesa S.A.: Invitation to the Annual General Meeting on 16 June 2022
- DGAP-News: Befesa S.A.: Befesa delivers record €61m EBITDA up 25% in Q1 and guides towards strong full-year growth, despite volatile market environment