BASIC-FIT
BASIC-FIT
- EUR (-)
- 15 min delayed data - Euronext Amsterdam
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: BFIT
ISIN: NL0011872650

BASIC-FIT - 1H - Technical analysis published on 08/01/2023 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Slightly bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 31.08 EUR
My targets
33.93 EUR (+4.53%)
34.40 EUR (+5.98%)
My analysis
BASIC-FIT is currently trying to strengthen its basic trend with a very bullish short term. As long as the price remains above 31.08 EUR, traders may consider taking advantage of this bullish acceleration and setting themselves to trade only long positions (at the time of purchase). Buyers will encounter the resistance at 33.93 EUR. A bullish break in this resistance would confirm a continuation of the bullish acceleration. The next resistance located at 34.40 EUR would then be the next bullish objective for buyers. Crossing it would then enable buyers to target 35.42 EUR. Beware of a possible return to under the support located at 31.08 EUR which would be the sign of a correction of the bullish excesses registered in the short term.

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
5.9

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 Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

BASIC-FIT rating 32.46 EUR. The price registered an increase of +5.60% on the session with the lowest point at 31.70 EUR and the highest point at 32.66 EUR. The deviation from the price is +2.40% for the low point and -0.61% for the high point.

31.70
32.66
32.46

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand 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:

Technical


Technical analysis of this 1H chart of BASIC-FIT indicates that the overall trend is slightly bullish. Only 60.71% of the signals given by moving averages are bullish. This slightly bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : Moving Average 50

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : 1 hour



Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour


Ichimoku : price is under the cloud

Type : Bearish

Timeframe : 1 hour


MACD indicator is back over 0

Type : Bullish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



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:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:

Central Candlesticks

Bearish harami

Type : Bearish

Timeframe : 1 hour


Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 29.90 30.50 31.08 32.46 32.47 33.93 34.40
Change (%) -7.89% -6.04% -4.25% - +0.03% +4.53% +5.98%
Change -2.56 -1.96 -1.38 - +0.01 +1.47 +1.94
Level Intermediate Minor Minor - Major Major Major



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard29.9730.2330.4930.7531.0131.2731.53
Camarilla30.6030.6530.6930.7430.7930.8430.88
Woodie29.9630.2330.4830.7531.0031.2731.52
Fibonacci30.2330.4330.5630.7530.9531.0831.27


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard23.5326.8128.8532.1334.1737.4539.49
Camarilla29.4229.9130.3930.8831.3731.8632.34
Woodie22.9026.5028.2231.8233.5437.1438.86
Fibonacci26.8128.8530.1032.1334.1735.4237.45


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard23.4326.7728.7532.0934.0737.4139.39
Camarilla29.2829.7730.2530.7431.2331.7232.20
Woodie22.7626.4328.0831.7533.4037.0738.72
Fibonacci26.7728.8030.0532.0934.1235.3737.41

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 64.50
MACD (12,26,9): 0.0400
Directional Movement: 24.37
AROON (14): 64.29
DEMA (21): 31.15
Parabolic SAR (0,02-0,02-0,2): 30.15
Elder Ray (13): 1.11
Super Trend (3,10): 31.06
Zig ZAG (10): 32.30
VORTEX (21): 1.0700
Stochastique (14,3,5): 73.98
TEMA (21): 31.43
Williams %R (14): -16.67
Chande Momentum Oscillator (20): 1.48
Repulse (5,40,3): 0.9600
ROCnROLL: 1
TRIX (15,9): -0.0900
Courbe Coppock: 3.78
MA7: 31.65
MA20: 32.70
MA50: 34.17
MA100: 35.63
MAexp7: 31.51
MAexp20: 31.20
MAexp50: 31.51
MAexp100: 32.04
Price / MA7: +2.56%
Price / MA20: -0.73%
Price / MA50: -5.00%
Price / MA100: -8.90%
Price / MAexp7: +3.01%
Price / MAexp20: +4.04%
Price / MAexp50: +3.01%
Price / MAexp100: +1.31%

Quotes : - 15 min delayed data - Euronext Amsterdam

News


The last news published on BASIC-FIT 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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