Londinia Opportunities Analyses - 06/08/2023 (GMT) BONDUELLE - 1H

- EUR (-)

- 15 min delayed data - Euronext Paris

Type:	Stocks
Ticker:	BON
ISIN:	FR0000063935

Londinia

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 bullish

Underlying: Strongly bullish

Technical indicators

94%

My opinion

Bullish above 11.93 EUR

My targets

12.34 EUR (+1.98%)

12.81 EUR (+5.87%)

My analysis

BONDUELLE 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 11.93 EUR. The next resistance located at 12.34 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 12.81 EUR. After this resistance, buyers could then target 13.46 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, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

9.1

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Additional analysis

Quotes

BONDUELLE rating 12.10 EUR. The price has increased by +0.83% since the last closing with the lowest point at 12.06 EUR and the highest point at 12.10 EUR. The deviation from the price is +0.33% for the low point and 0% for the high point.

12.06

12.10

The Central Gaps scanner detects a bullish opening. A small advantage for buyers 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:

Technical

A technical analysis in 1H of this BONDUELLE chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 17 technical indicators on 18 studied are currently bullish. The Central Indicators scanner found no further results concerning independent technical indicators.

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near resistance of channel

Type : Bearish

Timeframe : 1 hour

Near horizontal support

Type : Bullish

Timeframe : 1 hour

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	11.51	11.72	11.93	12.10	12.34	12.81	13.46
Change (%)	-4.88%	-3.14%	-1.40%	-	+1.98%	+5.87%	+11.24%
Change	-0.59	-0.38	-0.17	-	+0.24	+0.71	+1.36
Level	Intermediate	Minor	Major	-	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	11.51	11.61	11.81	11.91	12.11	12.21	12.41
Camarilla	11.92	11.95	11.97	12.00	12.03	12.06	12.08
Woodie	11.55	11.64	11.85	11.94	12.15	12.24	12.45
Fibonacci	11.61	11.73	11.80	11.91	12.03	12.10	12.21

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11.05	11.27	11.49	11.71	11.93	12.15	12.37
Camarilla	11.60	11.64	11.68	11.72	11.76	11.80	11.84
Woodie	11.06	11.27	11.50	11.71	11.94	12.15	12.38
Fibonacci	11.27	11.44	11.54	11.71	11.88	11.98	12.15

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9.93	10.43	10.97	11.47	12.01	12.51	13.05
Camarilla	11.23	11.33	11.43	11.52	11.62	11.71	11.81
Woodie	9.96	10.44	11.00	11.48	12.04	12.52	13.08
Fibonacci	10.43	10.82	11.07	11.47	11.86	12.11	12.51

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):	66.43
MACD (12,26,9):	0.0600
Directional Movement:	26.00
AROON (14):	78.57
DEMA (21):	11.90
Parabolic SAR (0,02-0,02-0,2):	11.71
Elder Ray (13):	0.15
Super Trend (3,10):	11.82
Zig ZAG (10):	12.00
VORTEX (21):	0.9700
Stochastique (14,3,5):	95.24
TEMA (21):	11.94
Williams %R (14):	-4.76
Chande Momentum Oscillator (20):	0.28
Repulse (5,40,3):	0.4700
ROCnROLL:	1
TRIX (15,9):	0.0400
Courbe Coppock:	3.14

MA7:	11.71
MA20:	11.50
MA50:	11.56
MA100:	12.35
MAexp7:	11.92
MAexp20:	11.83
MAexp50:	11.75
MAexp100:	11.67
Price / MA7:	+3.33%
Price / MA20:	+5.22%
Price / MA50:	+4.67%
Price / MA100:	-2.02%
Price / MAexp7:	+1.51%
Price / MAexp20:	+2.28%
Price / MAexp50:	+2.98%
Price / MAexp100:	+3.68%

Quotes : - 15 min delayed data - Euronext Paris

News

Don't forget to follow the news on BONDUELLE. At the time of publication of this analysis, the latest news was as follows: