B.COM.PORTUGUES

- EUR (-)

- 15 min delayed data - Euronext Lisbonne

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	BCP
ISIN:	PTBCP0AM0015

B.COM.PORTUGUES - Weekly - Technical analysis published on 08/05/2023 (GMT)

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Timeframe : Weekly
- Analysis generated on
Status : TARGET REACHED

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Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

72%

11%

17%

My opinion

Bullish above 0.2389 EUR

My targets

0.2724 EUR (+10.37%)

0.3245 EUR (+31.48%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on B.COM.PORTUGUES as long as the price remains well above 0.2389 EUR. The buyers' bullish objective is set at 0.2724 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.3245 EUR. If there is any crossing, the next objective would be the resistance located at 1.7923 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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

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 Tezouro. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The B.COM.PORTUGUES price is 0.2468 EUR. The price registered a decrease of -4.78% over 5 days and was traded between 0.2350 EUR and 0.2510 EUR over the period. The price is currently at +5.02% from its lowest point and -1.67% from its highest point.

0.2350

0.2510

0.2468

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.

Opening Gap UP

Type : Bullish

Timeframe : Openning

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

Technical

Technical analysis of B.COM.PORTUGUES in Weekly shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

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 : Weekly

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : Weekly

The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

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

Near resistance of channel

Type : Bearish

Timeframe : Weekly

For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Bearish engulfing lines

Type : Bearish

Timeframe : Weekly

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.1219	0.1975	0.2389	0.2468	1.7923	5.0964	20.1375
Change (%)	-50.61%	-19.98%	-3.20%	-	+626.22%	+1,964.99%	+8,059.44%
Change	-0.1249	-0.0493	-0.0079	-	+1.5455	+4.8496	+19.8907
Level	Minor	Major	Major	-	Minor	Minor	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.2400	0.2423	0.2446	0.2469	0.2492	0.2515	0.2538
Camarilla	0.2455	0.2460	0.2464	0.2468	0.2472	0.2476	0.2481
Woodie	0.2399	0.2423	0.2445	0.2469	0.2491	0.2515	0.2537
Fibonacci	0.2423	0.2441	0.2452	0.2469	0.2487	0.2498	0.2515

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.2256	0.2361	0.2476	0.2581	0.2696	0.2801	0.2916
Camarilla	0.2532	0.2552	0.2572	0.2592	0.2612	0.2632	0.2653
Woodie	0.2262	0.2364	0.2482	0.2584	0.2702	0.2804	0.2922
Fibonacci	0.2361	0.2445	0.2497	0.2581	0.2665	0.2717	0.2801

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.1682	0.1923	0.2203	0.2444	0.2724	0.2965	0.3245
Camarilla	0.2340	0.2388	0.2435	0.2483	0.2531	0.2579	0.2626
Woodie	0.1702	0.1933	0.2223	0.2454	0.2744	0.2975	0.3265
Fibonacci	0.1923	0.2122	0.2245	0.2444	0.2643	0.2766	0.2965

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):	62.51
MACD (12,26,9):	0.0146
Directional Movement:	13.3823
AROON (14):	28.5714
DEMA (21):	0.2417
Parabolic SAR (0,02-0,02-0,2):	0.2049
Elder Ray (13):	0.0174
Super Trend (3,10):	0.2036
Zig ZAG (10):	0.2468
VORTEX (21):	1.0483
Stochastique (14,3,5):	81.14
TEMA (21):	0.2447
Williams %R (14):	-32.20
Chande Momentum Oscillator (20):	0.0315
Repulse (5,40,3):	5.0598
ROCnROLL:	1
TRIX (15,9):	0.9525
Courbe Coppock:	16.51

MA7:	0.2488
MA20:	0.2433
MA50:	0.2262
MA100:	0.2203
MAexp7:	0.2387
MAexp20:	0.2226
MAexp50:	0.1989
MAexp100:	0.1809
Price / MA7:	-0.80%
Price / MA20:	+1.44%
Price / MA50:	+9.11%
Price / MA100:	+12.03%
Price / MAexp7:	+3.39%
Price / MAexp20:	+10.87%
Price / MAexp50:	+24.08%
Price / MAexp100:	+36.43%

Quotes : - 15 min delayed data - Euronext Lisbonne

News

The latest news and videos published on B.COM.PORTUGUES at the time of the analysis were as follows:

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

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