BNP PARIBAS ACT.A

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	BNP
ISIN:	FR0000131104

BNP PARIBAS ACT.A - 1H - Technical analysis published on 05/15/2023 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

61%

33%

My opinion

Bullish above 58.18 EUR

My targets

58.90 EUR (+0.70%)

59.60 EUR (+1.90%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on BNP PARIBAS ACT.A as long as the price remains well above 58.18 EUR. The buyers' bullish objective is set at 58.90 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 59.60 EUR. If there is any crossing, the next objective would be the resistance located at 60.39 EUR. 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, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

7.5

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by paf333. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The BNP PARIBAS ACT.A rating is 58.49 EUR. The price registered an increase of +1.99% on the session and was between 57.81 EUR and 58.89 EUR. This implies that the price is at +1.18% from its lowest and at -0.68% from its highest.

57.81

58.89

58.49

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

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:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in 1H of this BNP PARIBAS ACT.A chart shows a strongly bullish trend. 89.29% 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 market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators shows a moderate bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	56.52	57.15	58.18	58.49	58.90	59.60	60.39
Change (%)	-3.37%	-2.29%	-0.53%	-	+0.70%	+1.90%	+3.25%
Change	-1.97	-1.34	-0.31	-	+0.41	+1.11	+1.90
Level	Major	Minor	Intermediate	-	Minor	Major	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	56.82	57.32	57.90	58.40	58.98	59.48	60.06
Camarilla	58.19	58.29	58.39	58.49	58.59	58.69	58.79
Woodie	56.87	57.34	57.95	58.42	59.03	59.50	60.11
Fibonacci	57.32	57.73	57.98	58.40	58.81	59.06	59.48

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	52.11	53.83	55.86	57.58	59.61	61.33	63.36
Camarilla	56.86	57.20	57.55	57.89	58.23	58.58	58.92
Woodie	52.27	53.91	56.02	57.66	59.77	61.41	63.52
Fibonacci	53.83	55.26	56.15	57.58	59.01	59.90	61.33

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	50.66	52.96	55.78	58.08	60.90	63.20	66.02
Camarilla	57.18	57.65	58.12	58.59	59.06	59.53	60.00
Woodie	50.91	53.09	56.03	58.21	61.15	63.33	66.27
Fibonacci	52.96	54.92	56.13	58.08	60.04	61.25	63.20

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):	54.52
MACD (12,26,9):	0.1600
Directional Movement:	5.03
AROON (14):	35.71
DEMA (21):	58.44
Parabolic SAR (0,02-0,02-0,2):	57.36
Elder Ray (13):	0.30
Super Trend (3,10):	57.30
Zig ZAG (10):	58.49
VORTEX (21):	0.9800
Stochastique (14,3,5):	85.25
TEMA (21):	58.52
Williams %R (14):	-17.02
Chande Momentum Oscillator (20):	1.63
Repulse (5,40,3):	-0.4200
ROCnROLL:	1
TRIX (15,9):	0.0200
Courbe Coppock:	2.27

MA7:	57.76
MA20:	58.17
MA50:	57.40
MA100:	58.89
MAexp7:	58.49
MAexp20:	58.27
MAexp50:	58.08
MAexp100:	57.96
Price / MA7:	+1.26%
Price / MA20:	+0.55%
Price / MA50:	+1.90%
Price / MA100:	-0.68%
Price / MAexp7:	-0%
Price / MAexp20:	+0.38%
Price / MAexp50:	+0.71%
Price / MAexp100:	+0.91%

Quotes : - 15 min delayed data - Euronext Paris

News

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

This member declared not having a position on this financial instrument or a related financial instrument.

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