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 10/18/2024 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 25.10 EUR
My targets
26.30 EUR (+4.03%)
27.29 EUR (+7.95%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on BASIC-FIT. This is a positive signal for buyers. As long as the price remains above 25.10 EUR, a purchase could be considered. The first bullish objective is located at 26.30 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 27.29 EUR as an objective. Crossing it would then enable buyers to target 28.29 EUR. In the event of a return below 25.10 EUR, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be 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
6.6

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.

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 25.28 EUR. The price has increased by +5.33% since the last closing with the lowest point at 24.68 EUR and the highest point at 25.44 EUR. The deviation from the price is +2.43% for the low point and -0.63% for the high point.

24.68
25.44
25.28

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



Here is a more detailed summary of the historical variations registered by BASIC-FIT:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of BASIC-FIT indicates that the overall trend is bullish. The signals returned by the moving averages are 75.00% bullish. This 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 price crossover with Moving Average 50

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 1 hour



In fact, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

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

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour


Ichimoku : price is over the cloud

Type : Bullish

Timeframe : 1 hour


SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : 1 hour


MACD indicator is back over 0

Type : Bullish

Timeframe : 1 hour



The analysis of the price chart with Central Patterns scanners does not return any result.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:

Central Candlesticks

Upside gap

Type : Bullish

Timeframe : 1 hour


Doji

Type : Neutral

Timeframe : 1 hour


Long white line

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 24.08 24.62 25.10 25.28 26.30 27.29 28.29
Change (%) -4.75% -2.61% -0.71% - +4.03% +7.95% +11.91%
Change -1.20 -0.66 -0.18 - +1.02 +2.01 +3.01
Level Intermediate Minor Major - Minor Minor Intermediate



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
Standard23.1423.4823.7424.0824.3424.6824.94
Camarilla23.8423.8923.9524.0024.0624.1124.17
Woodie23.1023.4623.7024.0624.3024.6624.90
Fibonacci23.4823.7123.8524.0824.3124.4524.68


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard22.9923.6123.9924.6124.9925.6125.99
Camarilla24.0924.1824.2724.3624.4524.5424.64
Woodie22.8623.5523.8624.5524.8625.5525.86
Fibonacci23.6124.0024.2324.6125.0025.2325.61


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard19.7620.6822.0622.9824.3625.2826.66
Camarilla22.8123.0223.2323.4423.6523.8624.07
Woodie19.9920.8022.2923.1024.5925.4026.89
Fibonacci20.6821.5622.1022.9823.8624.4025.28

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): 66.61
MACD (12,26,9): 0.0300
Directional Movement: 26.12
AROON (14): 100.00
DEMA (21): 24.11
Parabolic SAR (0,02-0,02-0,2): 23.82
Elder Ray (13): 0.72
Super Trend (3,10): 24.04
Zig ZAG (10): 24.80
VORTEX (21): 1.0000
Stochastique (14,3,5): 50.48
TEMA (21): 24.32
Williams %R (14): -2.82
Chande Momentum Oscillator (20): 1.00
Repulse (5,40,3): 0.1300
ROCnROLL: 1
TRIX (15,9): -0.0300
Courbe Coppock: 2.76
MA7: 24.33
MA20: 23.98
MA50: 23.05
MA100: 22.13
MAexp7: 24.31
MAexp20: 24.10
MAexp50: 24.18
MAexp100: 24.14
Price / MA7: +3.90%
Price / MA20: +5.42%
Price / MA50: +9.67%
Price / MA100: +14.23%
Price / MAexp7: +3.99%
Price / MAexp20: +4.90%
Price / MAexp50: +4.55%
Price / MAexp100: +4.72%

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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