BEKAERT - 1H - Technical analysis published on 11/27/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Additional analysis
Quotes
The BEKAERT price is 42.30 EUR. The price has increased by +1.68% since the last closing with the lowest point at 41.02 EUR and the highest point at 42.38 EUR. The deviation from the price is +3.12% for the low point and -0.19% for the high point.The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by BEKAERT:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of BEKAERT 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. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:
Bearish doji star
Type : Bearish
Timeframe : 1 hour
Doji
Type : Neutral
Timeframe : 1 hour
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 39.75 | 40.94 | 41.62 | 42.30 | 42.82 | 44.16 | 45.18 |
Change (%) | -6.03% | -3.22% | -1.61% | - | +1.23% | +4.40% | +6.81% |
Change | -2.55 | -1.36 | -0.68 | - | +0.52 | +1.86 | +2.88 |
Level | Intermediate | Minor | Major | - | Intermediate | Major | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 40.45 | 40.73 | 41.17 | 41.45 | 41.89 | 42.17 | 42.61 |
Camarilla | 41.40 | 41.47 | 41.53 | 41.60 | 41.67 | 41.73 | 41.80 |
Woodie | 40.52 | 40.77 | 41.24 | 41.49 | 41.96 | 42.21 | 42.68 |
Fibonacci | 40.73 | 41.01 | 41.18 | 41.45 | 41.73 | 41.90 | 42.17 |
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 38.21 | 38.95 | 40.27 | 41.01 | 42.33 | 43.07 | 44.39 |
Camarilla | 41.03 | 41.22 | 41.41 | 41.60 | 41.79 | 41.98 | 42.17 |
Woodie | 38.51 | 39.10 | 40.57 | 41.16 | 42.63 | 43.22 | 44.69 |
Fibonacci | 38.95 | 39.73 | 40.22 | 41.01 | 41.79 | 42.28 | 43.07 |
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 29.31 | 33.09 | 35.65 | 39.43 | 41.99 | 45.77 | 48.33 |
Camarilla | 36.46 | 37.04 | 37.62 | 38.20 | 38.78 | 39.36 | 39.94 |
Woodie | 28.69 | 32.79 | 35.03 | 39.13 | 41.37 | 45.47 | 47.71 |
Fibonacci | 33.09 | 35.52 | 37.01 | 39.43 | 41.86 | 43.35 | 45.77 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
RSI (14): | 77.17 | |
MACD (12,26,9): | 0.4200 | |
Directional Movement: | 6.40 | |
AROON (14): | 64.29 | |
DEMA (21): | 41.89 | |
Parabolic SAR (0,02-0,02-0,2): | 41.02 | |
Elder Ray (13): | 0.62 | |
Super Trend (3,10): | 41.20 | |
Zig ZAG (10): | 42.30 | |
VORTEX (21): | 1.3100 | |
Stochastique (14,3,5): | 93.55 | |
TEMA (21): | 42.06 | |
Williams %R (14): | -5.88 | |
Chande Momentum Oscillator (20): | 0.82 | |
Repulse (5,40,3): | 2.8600 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.1200 | |
Courbe Coppock: | 4.26 |
MA7: | 40.86 | |
MA20: | 39.71 | |
MA50: | 40.23 | |
MA100: | 41.74 | |
MAexp7: | 41.84 | |
MAexp20: | 41.36 | |
MAexp50: | 40.75 | |
MAexp100: | 40.17 | |
Price / MA7: | +3.52% | |
Price / MA20: | +6.52% | |
Price / MA50: | +5.15% | |
Price / MA100: | +1.34% | |
Price / MAexp7: | +1.10% | |
Price / MAexp20: | +2.27% | |
Price / MAexp50: | +3.80% | |
Price / MAexp100: | +5.30% |
News
Don't forget to follow the news on BEKAERT. At the time of publication of this analysis, the latest news was as follows:
- Bekaert - Update on the Share Buyback Program
- Bekaert announces the eighth tranche of its Share Buyback Program
- Bekaert completes the seventh tranche of its Share Buyback Program
- Bekaert - Update on the Share Buyback Program
- Bekaert - Update on the Share Buyback Program
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