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 12/01/2023 (GMT)

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  • Timeframe : Weekly
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 0.2851 EUR
My targets
0.3567 EUR (+12.56%)
1.7924 EUR (+465.60%)
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 0.2851 EUR. The buyers' bullish objective is set at 0.3567 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.

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
9.1

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

B.COM.PORTUGUES rating 0.3169 EUR. The price is up +5.35% over 5 days and has been traded over the last 5 days between 0.2988 EUR and 0.3169 EUR. This implies that the 5 day price is +6.06% from its lowest point and 0% from its highest point.

0.2988
0.3169
0.3169

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

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:

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

An assessment of technical indicators shows a strong bullish signal.
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


Williams %R indicator is overbought : over -20

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 2

Type : Neutral

Timeframe : Weekly



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.1219 0.1975 0.2397 0.3169 1.7924 5.0964 20.1375
Change (%) -61.53% -37.68% -24.36% - +465.60% +1,508.20% +6,254.53%
Change -0.1950 -0.1194 -0.0772 - +1.4755 +4.7795 +19.8206
Level Minor Major Major - Minor Intermediate Intermediate



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.29940.30290.30990.31340.32040.32390.3309
Camarilla0.31400.31500.31590.31690.31790.31880.3198
Woodie0.30120.30380.31170.31430.32220.32480.3327
Fibonacci0.30290.30690.30940.31340.31740.31990.3239


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.27630.28190.29130.29690.30630.31190.3213
Camarilla0.29670.29810.29940.30080.30220.30360.3049
Woodie0.27830.28290.29330.29790.30830.31290.3233
Fibonacci0.28190.28760.29110.29690.30260.30610.3119


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.24930.26200.28510.29780.32090.33360.3567
Camarilla0.29840.30160.30490.30820.31150.31480.3181
Woodie0.25450.26460.29030.30040.32610.33620.3619
Fibonacci0.26200.27570.28410.29780.31150.31990.3336

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): 73.84
MACD (12,26,9): 0.0211
Directional Movement: 25.3180
AROON (14): 85.7143
DEMA (21): 0.2970
Parabolic SAR (0,02-0,02-0,2): 0.2737
Elder Ray (13): 0.0268
Super Trend (3,10): 0.2555
Zig ZAG (10): 0.3169
VORTEX (21): 1.2159
Stochastique (14,3,5): 85.07
TEMA (21): 0.3028
Williams %R (14): 0.00
Chande Momentum Oscillator (20): 0.0728
Repulse (5,40,3): 11.3871
ROCnROLL: 1
TRIX (15,9): 1.1157
Courbe Coppock: 35.57
MA7: 0.3055
MA20: 0.2928
MA50: 0.2828
MA100: 0.2668
MAexp7: 0.2931
MAexp20: 0.2700
MAexp50: 0.2365
MAexp100: 0.2078
Price / MA7: +3.73%
Price / MA20: +8.23%
Price / MA50: +12.06%
Price / MA100: +18.78%
Price / MAexp7: +8.12%
Price / MAexp20: +17.37%
Price / MAexp50: +34.00%
Price / MAexp100: +52.50%

Quotes : - 15 min delayed data - Euronext Lisbonne

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

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