BAM GROEP KON

- EUR (-)

- 15 min delayed data - Euronext Amsterdam

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	BAMNB
ISIN:	NL0000337319

BAM GROEP KON - Daily - Technical analysis published on 10/31/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Slightly bullish

Technical indicators

72%

22%

My opinion

Bullish above 1.901 EUR

My targets

2.014 EUR (+2.81%)

2.120 EUR (+8.22%)

My analysis

The strong short-term increase for BAM GROEP KON reinforces the current slightly bullish trend. As long as the price remains above 1.901 EUR, you could take advantage of this bullish acceleration. The first bullish objective is located at 2.014 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 2.120 EUR as an objective. Crossing it would then enable buyers to target 2.235 EUR. A return to 1.901 EUR would be a sign of a possible correction of short-term bullish excesses. In this case, you could stay away while waiting for signals indicating a reversal of the trend.

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

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.

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Additional analysis

Quotes

BAM GROEP KON rating 1.959 EUR. The price has increased by +2.51% since the last closing and was traded between 1.916 EUR and 1.959 EUR over the period. The price is currently at +2.24% from its lowest and 0% from its highest.

1.916

1.959

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical

Technical analysis of BAM GROEP KON in Daily shows an overall slightly bullish trend. 60.71% of the signals given by moving averages are bullish. The overall trend could accelerate as strong bullish signals from short-term moving averages are expected. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily

The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

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

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

Resistance of triangle is broken

Type : Bullish

Timeframe : Daily

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1.762	1.830	1.901	1.959	2.014	2.120	2.235
Change (%)	-10.06%	-6.58%	-2.96%	-	+2.81%	+8.22%	+14.09%
Change	-0.197	-0.129	-0.058	-	+0.055	+0.161	+0.276
Level	Minor	Major	Major	-	Major	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	1.881	1.896	1.903	1.918	1.925	1.940	1.947
Camarilla	1.905	1.907	1.909	1.911	1.913	1.915	1.917
Woodie	1.878	1.894	1.900	1.916	1.922	1.938	1.944
Fibonacci	1.896	1.904	1.909	1.918	1.926	1.931	1.940

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.736	1.771	1.833	1.868	1.930	1.965	2.027
Camarilla	1.867	1.876	1.885	1.894	1.903	1.912	1.921
Woodie	1.749	1.778	1.846	1.875	1.943	1.972	2.040
Fibonacci	1.771	1.808	1.831	1.868	1.905	1.928	1.965

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.781	1.834	1.924	1.977	2.067	2.120	2.210
Camarilla	1.975	1.988	2.001	2.014	2.027	2.040	2.053
Woodie	1.800	1.843	1.943	1.986	2.086	2.129	2.229
Fibonacci	1.834	1.889	1.922	1.977	2.032	2.065	2.120

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	57.35
MACD (12,26,9):	-0.0080
Directional Movement:	2.472
AROON (14):	-57.143
DEMA (21):	1.888
Parabolic SAR (0,02-0,02-0,2):	1.814
Elder Ray (13):	0.038
Super Trend (3,10):	1.966
Zig ZAG (10):	1.956
VORTEX (21):	0.8830
Stochastique (14,3,5):	73.76
TEMA (21):	1.892
Williams %R (14):	0.00
Chande Momentum Oscillator (20):	0.075
Repulse (5,40,3):	3.3750
ROCnROLL:	1
TRIX (15,9):	-0.1100
Courbe Coppock:	3.38

MA7:	1.886
MA20:	1.900
MA50:	1.921
MA100:	1.941
MAexp7:	1.903
MAexp20:	1.902
MAexp50:	1.923
MAexp100:	1.944
Price / MA7:	+3.87%
Price / MA20:	+3.11%
Price / MA50:	+1.98%
Price / MA100:	+0.93%
Price / MAexp7:	+2.94%
Price / MAexp20:	+3.00%
Price / MAexp50:	+1.87%
Price / MAexp100:	+0.77%

Quotes : - 15 min delayed data - Euronext Amsterdam

News

The last news published on BAM GROEP KON at the time of the generation of this analysis was as follows:

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

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