Londinia Opportunities Analyses - 05/06/2024 (GMT) BCA PROFILO - 1H

BCA PROFILO
- EUR (-)
- 15 min delayed data - Italy Stocks
Type: Stocks
Ticker: PRO
ISIN: IT0001073045

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
  • Europe Stocks
  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 0.211 EUR
My targets
0.215 EUR (+0.94%)
0.220 EUR (+3.43%)
My analysis
BCA PROFILO 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 0.211 EUR. The next resistance located at 0.215 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 0.220 EUR. After this resistance, buyers could then target 0.303 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.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.6

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.

Additional analysis

Quotes

The BCA PROFILO price is 0.213 EUR. On the day, this instrument gained +6.50% and was traded between 0.211 EUR and 0.213 EUR over the period. The price is currently at +0.95% from its lowest and 0% from its highest.

0.211
0.213
0.213

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Central Gaps

Opening Gap UP

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:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Abnormal volumes on BCA PROFILO were detected by the Central Volumes scanner:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of BCA PROFILO in 1H shows a strongly overall 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, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour


Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.208 0.210 0.211 0.213 0.214 0.303 0.350
Change (%) -2.35% -1.41% -0.94% - +0.47% +42.25% +64.32%
Change -0.005 -0.003 -0.002 - +0.001 +0.090 +0.137
Level Intermediate Minor Intermediate - Major Minor Intermediate



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
Standard0.2050.2060.2080.2090.2110.2120.214
Camarilla0.2080.2090.2090.2090.2090.2100.210
Woodie0.2050.2060.2080.2090.2110.2120.214
Fibonacci0.2060.2080.2080.2090.2110.2110.212


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.2030.2050.2070.2090.2110.2130.215
Camarilla0.2080.2080.2090.2090.2090.2100.210
Woodie0.2030.2050.2070.2090.2110.2130.215
Fibonacci0.2050.2070.2080.2090.2110.2120.213


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1930.1980.2020.2070.2110.2160.220
Camarilla0.2050.2050.2060.2070.2080.2090.210
Woodie0.1940.1980.2030.2070.2120.2160.221
Fibonacci0.1980.2010.2030.2070.2100.2120.216

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): 64.12
MACD (12,26,9): 0.0010
Directional Movement: 3.294
AROON (14): 57.143
DEMA (21): 0.212
Parabolic SAR (0,02-0,02-0,2): 0.209
Elder Ray (13): 0
Super Trend (3,10): 0.208
Zig ZAG (10): 0.213
VORTEX (21): 0.9390
Stochastique (14,3,5): 100.00
TEMA (21): 0.213
Williams %R (14): 0.00
Chande Momentum Oscillator (20): 0.005
Repulse (5,40,3): 1.1120
ROCnROLL: 1
TRIX (15,9): 0.0550
Courbe Coppock: 3.28
MA7: 0.208
MA20: 0.207
MA50: 0.201
MA100: 0.196
MAexp7: 0.212
MAexp20: 0.211
MAexp50: 0.210
MAexp100: 0.208
Price / MA7: +2.40%
Price / MA20: +2.90%
Price / MA50: +5.97%
Price / MA100: +8.67%
Price / MAexp7: +0.47%
Price / MAexp20: +0.95%
Price / MAexp50: +1.43%
Price / MAexp100: +2.40%

Quotes : - 15 min delayed data - Actions Italie