BENFICA

- EUR (-)

- 15 min delayed data - Euronext Lisbonne

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	SLBEN
ISIN:	PTSLB0AM0010

BENFICA - Daily - Technical analysis published on 05/27/2024 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

83%

17%

My opinion

Bullish above 3.10 EUR

My targets

3.33 EUR (+4.39%)

3.54 EUR (+10.97%)

My analysis

BENFICA is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 3.10 EUR. The next resistance located at 3.33 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 3.54 EUR. After this resistance, buyers could then target 4.07 EUR. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.4

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

BENFICA rating 3.19 EUR. The price has increased by +4.25% since the last closing with the lowest point at 3.07 EUR and the highest point at 3.19 EUR. The deviation from the price is +3.91% for the low point and 0% for the high point.

3.07

3.19

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

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

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of BENFICA in Daily shows a strongly overall bullish trend. 85.71% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

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

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

Aroon indicator bearish trend

Type : Bearish

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near support of channel

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	2.82	2.92	3.10	3.19	3.22	3.33	3.54
Change (%)	-11.60%	-8.46%	-2.82%	-	+0.94%	+4.39%	+10.97%
Change	-0.37	-0.27	-0.09	-	+0.03	+0.14	+0.35
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
Standard	3.06	3.06	3.06	3.06	3.06	3.06	3.06
Camarilla	3.06	3.06	3.06	3.06	3.06	3.06	3.06
Woodie	3.06	3.06	3.06	3.06	3.06	3.06	3.06
Fibonacci	3.06	3.06	3.06	3.06	3.06	3.06	3.06

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.77	2.89	2.98	3.10	3.19	3.31	3.40
Camarilla	3.00	3.02	3.04	3.06	3.08	3.10	3.12
Woodie	2.75	2.88	2.96	3.09	3.17	3.30	3.38
Fibonacci	2.89	2.97	3.02	3.10	3.18	3.23	3.31

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.32	2.47	2.67	2.82	3.02	3.17	3.37
Camarilla	2.77	2.81	2.84	2.87	2.90	2.93	2.97
Woodie	2.35	2.48	2.70	2.83	3.05	3.18	3.40
Fibonacci	2.47	2.60	2.69	2.82	2.95	3.04	3.17

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):	63.53
MACD (12,26,9):	0.0700
Directional Movement:	25.99
AROON (14):	-21.43
DEMA (21):	3.11
Parabolic SAR (0,02-0,02-0,2):	3.04
Elder Ray (13):	0.07
Super Trend (3,10):	2.89
Zig ZAG (10):	3.19
VORTEX (21):	1.0700
Stochastique (14,3,5):	58.14
TEMA (21):	3.15
Williams %R (14):	-15.15
Chande Momentum Oscillator (20):	0.14
Repulse (5,40,3):	4.7500
ROCnROLL:	1
TRIX (15,9):	0.3100
Courbe Coppock:	11.80

MA7:	3.13
MA20:	3.00
MA50:	2.88
MA100:	2.88
MAexp7:	3.11
MAexp20:	3.02
MAexp50:	2.94
MAexp100:	2.94
Price / MA7:	+1.92%
Price / MA20:	+6.33%
Price / MA50:	+10.76%
Price / MA100:	+10.76%
Price / MAexp7:	+2.57%
Price / MAexp20:	+5.63%
Price / MAexp50:	+8.50%
Price / MAexp100:	+8.50%

Quotes : - 15 min delayed data - Euronext Lisbonne

News

Don't forget to follow the news on BENFICA. At the time of publication of this analysis, the latest news was as follows:

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

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