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 10/06/2023 (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

83%

17%

My opinion

Bullish above 0.2389 EUR

My targets

0.3033 EUR (+12.82%)

1.7924 EUR (+566.82%)

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 0.3033 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.7924 EUR. If there is any crossing, the next objective would be the resistance located at 5.0964 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

8.8

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

B.COM.PORTUGUES rating 0.2688 EUR. Over 5 days, this instrument gained +3.23% with the lowest point at 0.2558 EUR and the highest point at 0.2695 EUR. The deviation from the price is +5.08% for the low point and -0.26% for the high point.

0.2558

0.2695

0.2688

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

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

The Central Records scanner for higher/lower results shows the following items:

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Weekly chart of B.COM.PORTUGUES indicates that the overall trend is strongly bullish. 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Weekly

The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal resistance

Type : Bearish

Timeframe : Weekly

Resistance of channel is broken

Type : Bullish

Timeframe : Weekly

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.1219	0.1975	0.2389	0.2688	1.7924	5.0964	20.1375
Change (%)	-54.65%	-26.53%	-11.12%	-	+566.82%	+1,795.98%	+7,391.63%
Change	-0.1469	-0.0713	-0.0299	-	+1.5236	+4.8276	+19.8687
Level	Minor	Major	Major	-	Minor	Intermediate	Intermediate

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.2532	0.2566	0.2627	0.2661	0.2722	0.2756	0.2817
Camarilla	0.2662	0.2671	0.2679	0.2688	0.2697	0.2705	0.2714
Woodie	0.2546	0.2573	0.2641	0.2668	0.2736	0.2763	0.2831
Fibonacci	0.2566	0.2602	0.2625	0.2661	0.2697	0.2720	0.2756

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.2423	0.2491	0.2547	0.2615	0.2671	0.2739	0.2795
Camarilla	0.2570	0.2581	0.2593	0.2604	0.2615	0.2627	0.2638
Woodie	0.2418	0.2488	0.2542	0.2612	0.2666	0.2736	0.2790
Fibonacci	0.2491	0.2538	0.2567	0.2615	0.2662	0.2691	0.2739

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.2127	0.2253	0.2429	0.2555	0.2731	0.2857	0.3033
Camarilla	0.2521	0.2549	0.2576	0.2604	0.2632	0.2659	0.2687
Woodie	0.2151	0.2266	0.2453	0.2568	0.2755	0.2870	0.3057
Fibonacci	0.2253	0.2369	0.2440	0.2555	0.2671	0.2742	0.2857

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):	64.65
MACD (12,26,9):	0.0156
Directional Movement:	9.9250
AROON (14):	100.0000
DEMA (21):	0.2638
Parabolic SAR (0,02-0,02-0,2):	0.2244
Elder Ray (13):	0.0116
Super Trend (3,10):	0.2136
Zig ZAG (10):	0.2688
VORTEX (21):	1.1243
Stochastique (14,3,5):	92.69
TEMA (21):	0.2662
Williams %R (14):	-1.32
Chande Momentum Oscillator (20):	0.0386
Repulse (5,40,3):	6.5881
ROCnROLL:	1
TRIX (15,9):	0.9916
Courbe Coppock:	34.90

MA7:	0.2623
MA20:	0.2594
MA50:	0.2529
MA100:	0.2381
MAexp7:	0.2586
MAexp20:	0.2431
MAexp50:	0.2161
MAexp100:	0.1934
Price / MA7:	+2.48%
Price / MA20:	+3.62%
Price / MA50:	+6.29%
Price / MA100:	+12.89%
Price / MAexp7:	+3.94%
Price / MAexp20:	+10.57%
Price / MAexp50:	+24.39%
Price / MAexp100:	+38.99%

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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