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 10/29/2023 (GMT)

Londinia

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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 0.2555 EUR

My targets

0.3033 EUR (+6.15%)

1.7924 EUR (+527.37%)

My analysis

The bullish trend is currently very strong on B.COM.PORTUGUES. As long as the price remains above the support at 0.2555 EUR, you could try to benefit from the boom. The first bullish objective is located at 0.3033 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1.7924 EUR as an objective. Crossing it would then enable buyers to target 5.0964 EUR. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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

The B.COM.PORTUGUES rating is 0.2857 EUR. The price registered an increase of +3.51% over 5 days and was traded between 0.2723 EUR and 0.2895 EUR over the period. The price is currently at +4.92% from its lowest point and -1.31% from its highest point.

0.2723

0.2895

0.2857

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

Here is a more detailed summary of the historical variations registered by B.COM.PORTUGUES:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

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 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 scanner does not detect any result on moving averages that would impact this trend.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Weekly

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Weekly

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

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

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	0.2397	0.2857	1.7924	5.0964	20.1375
Change (%)	-57.33%	-30.87%	-16.10%	-	+527.37%	+1,683.83%	+6,948.48%
Change	-0.1638	-0.0882	-0.0460	-	+1.5067	+4.8107	+19.8518
Level	Minor	Major	Major	-	Minor	Intermediate	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	0.2766	0.2800	0.2828	0.2862	0.2890	0.2924	0.2952
Camarilla	0.2840	0.2846	0.2851	0.2857	0.2863	0.2868	0.2874
Woodie	0.2764	0.2799	0.2826	0.2861	0.2888	0.2923	0.2950
Fibonacci	0.2800	0.2823	0.2838	0.2862	0.2885	0.2900	0.2924

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.2523	0.2622	0.2691	0.2790	0.2859	0.2958	0.3027
Camarilla	0.2714	0.2729	0.2745	0.2760	0.2775	0.2791	0.2806
Woodie	0.2508	0.2615	0.2676	0.2783	0.2844	0.2951	0.3012
Fibonacci	0.2622	0.2686	0.2726	0.2790	0.2854	0.2894	0.2958

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 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):	69.67
MACD (12,26,9):	0.0175
Directional Movement:	15.2846
AROON (14):	100.0000
DEMA (21):	0.2751
Parabolic SAR (0,02-0,02-0,2):	0.2375
Elder Ray (13):	0.0195
Super Trend (3,10):	0.2305
Zig ZAG (10):	0.2857
VORTEX (21):	1.2005
Stochastique (14,3,5):	84.53
TEMA (21):	0.2788
Williams %R (14):	-6.97
Chande Momentum Oscillator (20):	0.0389
Repulse (5,40,3):	5.1549
ROCnROLL:	1
TRIX (15,9):	1.0220
Courbe Coppock:	33.21

MA7:	0.2793
MA20:	0.2750
MA50:	0.2630
MA100:	0.2483
MAexp7:	0.2707
MAexp20:	0.2523
MAexp50:	0.2232
MAexp100:	0.1984
Price / MA7:	+2.29%
Price / MA20:	+3.89%
Price / MA50:	+8.63%
Price / MA100:	+15.06%
Price / MAexp7:	+5.54%
Price / MAexp20:	+13.24%
Price / MAexp50:	+28.00%
Price / MAexp100:	+44.00%

Quotes : - 15 min delayed data - Euronext Lisbonne

News

The last news published on B.COM.PORTUGUES 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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