BARCO - Daily - Technical analysis published on 11/20/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
67%
0%
33%
My opinion
Bullish above 196.2 EUR
My targets
210.0 EUR (+1.45%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on BARCO as long as the price remains well above 196.2 EUR. The buyers” bullish objective is set at 210.0 EUR. A bullish break in this resistance would boost the bullish momentum. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
8.2
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
BARCO rating 207.0 EUR. On the day, this instrument gained +0.24% and was traded between 203.5 EUR and 208.5 EUR over the period. The price is currently at +1.72% from its lowest and -0.72% from its highest.203.5
208.5
207.0
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of BARCO indicates that the overall trend is strongly bullish. 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. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Moving Average bullish crossovers : AMA50 & AMA100
Type : Bullish
Timeframe : Daily
An assessment of technical indicators shows a moderate bullish signal.
The Central Indicators scanner found this result concerning these indicators:
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 161.6 | 170.4 | 196.2 | 207.0 | 210.0 |
| Change (%) | -21.93% | -17.68% | -5.22% | - | +1.45% |
| Change | -45.4 | -36.6 | -10.8 | - | +3.0 |
| Level | Minor | Major | 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 | 201.2 | 202.8 | 204.7 | 206.3 | 208.2 | 209.8 | 211.7 |
| Camarilla | 205.5 | 205.9 | 206.2 | 206.5 | 206.8 | 207.1 | 207.5 |
| Woodie | 201.3 | 202.9 | 204.8 | 206.4 | 208.3 | 209.9 | 211.8 |
| Fibonacci | 202.8 | 204.2 | 205.0 | 206.3 | 207.7 | 208.5 | 209.8 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 194.8 | 199.2 | 201.8 | 206.2 | 208.8 | 213.2 | 215.8 |
| Camarilla | 202.6 | 203.2 | 203.9 | 204.5 | 205.1 | 205.8 | 206.4 |
| Woodie | 194.0 | 198.8 | 201.0 | 205.8 | 208.0 | 212.8 | 215.0 |
| Fibonacci | 199.2 | 201.8 | 203.5 | 206.2 | 208.8 | 210.5 | 213.2 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 147.2 | 158.2 | 176.6 | 187.6 | 206.0 | 217.0 | 235.4 |
| Camarilla | 186.9 | 189.6 | 192.3 | 195.0 | 197.7 | 200.4 | 203.1 |
| Woodie | 150.9 | 160.1 | 180.3 | 189.5 | 209.7 | 218.9 | 239.1 |
| Fibonacci | 158.2 | 169.4 | 176.4 | 187.6 | 198.8 | 205.8 | 217.0 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 66.40 | |
| MACD (12,26,9): | 6.0000 | |
| Directional Movement: | 14.0 | |
| AROON (14): | 57.1 | |
| DEMA (21): | 207.9 | |
| Parabolic SAR (0,02-0,02-0,2): | 203.5 | |
| Elder Ray (13): | 2.8 | |
| Super Trend (3,10): | 192.5 | |
| Zig ZAG (10): | 207.0 | |
| VORTEX (21): | 1.3000 | |
| Stochastique (14,3,5): | 75.80 | |
| TEMA (21): | 210.5 | |
| Williams %R (14): | -21.70 | |
| Chande Momentum Oscillator (20): | 9.8 | |
| Repulse (5,40,3): | 1.3000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.5000 | |
| Courbe Coppock: | 13.70 |
| MA7: | 206.4 | |
| MA20: | 200.9 | |
| MA50: | 188.0 | |
| MA100: | 185.9 | |
| MAexp7: | 205.6 | |
| MAexp20: | 200.1 | |
| MAexp50: | 192.0 | |
| MAexp100: | 184.1 | |
| Price / MA7: | +0.29% | |
| Price / MA20: | +3.04% | |
| Price / MA50: | +10.11% | |
| Price / MA100: | +11.35% | |
| Price / MAexp7: | +0.68% | |
| Price / MAexp20: | +3.45% | |
| Price / MAexp50: | +7.81% | |
| Price / MAexp100: | +12.44% |
This member declared not having a position on this financial instrument or a related financial instrument.
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