BQUE NAT. BELGIQUE

- EUR (-)

- 15 min delayed data - Euronext Bruxelles

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	BNB
ISIN:	BE0003008019

BQUE NAT. BELGIQUE - Daily - Technical analysis published on 03/14/2024 (GMT)

Londinia

I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Bearish

Underlying: Bearish

Technical indicators

50%

44%

My opinion

Bearish under 491.7 EUR

My targets

422.0 EUR (-6.22%)

My analysis

All elements being rather bearish, it would be possible for traders to trade only short positions (for sale) on BQUE NAT. BELGIQUE as long as the price remains well below 491.7 EUR. The next bearish objective for sellers is set at 422.0 EUR. A bearish break of this support would revive the bearish momentum. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bearish, basic trend. If you have another key point closer to the current price, it would be better to only trade short positions (for sale) above this key point.

In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.

Force

2.1

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.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

BQUE NAT. BELGIQUE rating 450.0 EUR. On the day, this instrument gained +2.98% and was traded between 435.0 EUR and 465.0 EUR over the period. The price is currently at +3.45% from its lowest and -3.23% from its highest.

435.0

465.0

450.0

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by BQUE NAT. BELGIQUE:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new LOW record (5 years)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of BQUE NAT. BELGIQUE indicates that the overall trend is bearish. The signals given by moving averages are at 71.43% bearish. This bearish trend shows slight signs of slowing down given the slightly bearish signals of short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily

In fact, only 9 technical indicators out of 18 studied are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Near resistance of channel

Type : Bearish

Timeframe : Daily

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

ProTrendLines

Price

	S1	Price	R1	R2	R3
ProTrendLines	422.0	450.0	451.0	517.7	564.0
Change (%)	-6.22%	-	+0.22%	+15.04%	+25.33%
Change	-28.0	-	+1.0	+67.7	+114.0
Level	Major	-	Minor	Intermediate	Minor

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
Standard	413.7	422.3	429.7	438.3	445.7	454.3	461.7
Camarilla	432.6	434.1	435.5	437.0	438.5	439.9	441.4
Woodie	413.0	422.0	429.0	438.0	445.0	454.0	461.0
Fibonacci	422.3	428.5	432.2	438.3	444.5	448.2	454.3

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	400.0	414.0	427.0	441.0	454.0	468.0	481.0
Camarilla	432.6	435.1	437.5	440.0	442.5	445.0	447.4
Woodie	399.5	413.8	426.5	440.8	453.5	467.8	480.5
Fibonacci	414.0	424.3	430.7	441.0	451.3	457.7	468.0

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	309.7	369.3	400.7	460.3	491.7	551.3	582.7
Camarilla	407.0	415.3	423.7	432.0	440.3	448.7	457.0
Woodie	295.5	362.3	386.5	453.3	477.5	544.3	568.5
Fibonacci	369.3	404.1	425.6	460.3	495.1	516.6	551.3

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):	43.10
MACD (12,26,9):	-13.5000
Directional Movement:	-3.2
AROON (14):	-42.9
DEMA (21):	432.7
Parabolic SAR (0,02-0,02-0,2):	430.6
Elder Ray (13):	4.2
Super Trend (3,10):	467.2
Zig ZAG (10):	450.0
VORTEX (21):	0.8000
Stochastique (14,3,5):	37.80
TEMA (21):	432.7
Williams %R (14):	-40.50
Chande Momentum Oscillator (20):	10.0
Repulse (5,40,3):	0.4000
ROCnROLL:	-1
TRIX (15,9):	-0.5000
Courbe Coppock:	9.30

MA7:	442.0
MA20:	449.5
MA50:	494.2
MA100:	490.1
MAexp7:	443.1
MAexp20:	452.4
MAexp50:	475.6
MAexp100:	489.1
Price / MA7:	+1.81%
Price / MA20:	+0.11%
Price / MA50:	-8.94%
Price / MA100:	-8.18%
Price / MAexp7:	+1.56%
Price / MAexp20:	-0.53%
Price / MAexp50:	-5.38%
Price / MAexp100:	-7.99%

Quotes : - 15 min delayed data - Euronext Bruxelles

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

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