B.COM.PORTUGUES
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 11/04/2023 (GMT)

  • 166
  • 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
  • Timeframe : Weekly
  • - Analysis generated on
  • Status : INVALID

One daily analysis for free from ProRealTime

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 0.2654 EUR
My targets
0.3428 EUR (+16.81%)
1.7924 EUR (+510.70%)
My analysis
B.COM.PORTUGUES 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 0.2654 EUR. The next resistance located at 0.3428 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 1.7924 EUR. After this resistance, buyers could then target 5.0964 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
0
10
8.6

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:
15 min. 1H Daily

Additional analysis

Quotes

The B.COM.PORTUGUES price is 0.2935 EUR. The price registered an increase of +2.73% over 5 days and was traded between 0.2795 EUR and 0.3099 EUR over the period. The price is currently at +5.01% from its lowest point and -5.29% from its highest point.

0.2795
0.3099
0.2935

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

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by B.COM.PORTUGUES:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

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 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.

In fact, 14 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Weekly


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Weekly

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : Weekly


Resistance of channel is broken

Type : Bullish

Timeframe : Weekly



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.1219 0.1975 0.2397 0.2935 1.7924 5.0964 20.1375
Change (%) -58.47% -32.71% -18.33% - +510.70% +1,636.42% +6,761.16%
Change -0.1716 -0.0960 -0.0538 - +1.4989 +4.8029 +19.8440
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
Standard0.26910.28060.28700.29850.30490.31640.3228
Camarilla0.28860.29020.29190.29350.29510.29680.2984
Woodie0.26670.27930.28460.29720.30250.31510.3204
Fibonacci0.28060.28740.29160.29850.30530.30950.3164


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.25810.26520.27540.28250.29270.29980.3100
Camarilla0.28090.28250.28410.28570.28730.28890.2905
Woodie0.25980.26600.27710.28330.29440.30060.3117
Fibonacci0.26520.27180.27590.28250.28910.29320.2998


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.22670.24130.26540.28000.30410.31870.3428
Camarilla0.27900.28250.28610.28960.29320.29670.3002
Woodie0.23160.24370.27030.28240.30900.32110.3477
Fibonacci0.24130.25610.26520.28000.29480.30390.3187

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 71.76
MACD (12,26,9): 0.0186
Directional Movement: 21.6111
AROON (14): 92.8571
DEMA (21): 0.2803
Parabolic SAR (0,02-0,02-0,2): 0.2437
Elder Ray (13): 0.0287
Super Trend (3,10): 0.2403
Zig ZAG (10): 0.2935
VORTEX (21): 1.1973
Stochastique (14,3,5): 83.26
TEMA (21): 0.2848
Williams %R (14): -21.90
Chande Momentum Oscillator (20): 0.0505
Repulse (5,40,3): 3.8228
ROCnROLL: 1
TRIX (15,9): 1.0455
Courbe Coppock: 32.77
MA7: 0.2921
MA20: 0.2831
MA50: 0.2677
MA100: 0.2523
MAexp7: 0.2764
MAexp20: 0.2562
MAexp50: 0.2259
MAexp100: 0.2003
Price / MA7: +0.48%
Price / MA20: +3.67%
Price / MA50: +9.64%
Price / MA100: +16.33%
Price / MAexp7: +6.19%
Price / MAexp20: +14.56%
Price / MAexp50: +29.92%
Price / MAexp100: +46.53%

Quotes : - 15 min delayed data - Euronext Lisbonne

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

About author

Online

Overall rating :
15603
Number of analyses :
Followers :
0
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

Add a comment

Comments

0 comments on the analysis B.COM.PORTUGUES - Weekly