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 12/08/2023 (GMT)

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Timeframe : Weekly
- Analysis generated on
Status : INVALID

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Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

83%

11%

My opinion

Bullish above 0.3039 EUR

My targets

0.3567 EUR (+13.56%)

1.7924 EUR (+470.65%)

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 0.3039 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.

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

8.6

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 0.3141 EUR. The price registered a decrease of -0.88% over 5 days with the lowest point at 0.3045 EUR and the highest point at 0.3343 EUR. The deviation from the price is +3.15% for the low point and -6.04% for the high point.

0.3045

0.3343

0.3141

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

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

The Central Records scanner for higher/lower results shows an item:

New HIGH record (5 years)

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. 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.
But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Weekly

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Weekly

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : Weekly

CCI indicator: bearish divergence

Type : Bearish

Timeframe : Weekly

RSI indicator: bearish divergence

Type : Bearish

Timeframe : Weekly

The Central Indicators scanner found no further results concerning independent technical indicators.

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

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.1975	0.2397	0.3039	0.3141	1.7924	5.0964	20.1375
Change (%)	-37.12%	-23.69%	-3.25%	-	+470.65%	+1,522.54%	+6,311.17%
Change	-0.1166	-0.0744	-0.0102	-	+1.4783	+4.7823	+19.8234
Level	Major	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	0.2990	0.3023	0.3082	0.3115	0.3174	0.3207	0.3266
Camarilla	0.3116	0.3124	0.3133	0.3141	0.3149	0.3158	0.3166
Woodie	0.3003	0.3030	0.3095	0.3122	0.3187	0.3214	0.3279
Fibonacci	0.3023	0.3058	0.3080	0.3115	0.3150	0.3172	0.3207

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.2867	0.2928	0.3048	0.3109	0.3229	0.3290	0.3410
Camarilla	0.3119	0.3136	0.3152	0.3169	0.3186	0.3202	0.3219
Woodie	0.2898	0.2943	0.3079	0.3124	0.3260	0.3305	0.3441
Fibonacci	0.2928	0.2997	0.3040	0.3109	0.3178	0.3221	0.3290

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.2493	0.2620	0.2851	0.2978	0.3209	0.3336	0.3567
Camarilla	0.2984	0.3016	0.3049	0.3082	0.3115	0.3148	0.3181
Woodie	0.2545	0.2646	0.2903	0.3004	0.3261	0.3362	0.3619
Fibonacci	0.2620	0.2757	0.2841	0.2978	0.3115	0.3199	0.3336

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):	72.13
MACD (12,26,9):	0.0220
Directional Movement:	29.1757
AROON (14):	92.8571
DEMA (21):	0.3023
Parabolic SAR (0,02-0,02-0,2):	0.2806
Elder Ray (13):	0.0336
Super Trend (3,10):	0.2633
Zig ZAG (10):	0.3141
VORTEX (21):	1.2141
Stochastique (14,3,5):	88.79
TEMA (21):	0.3087
Williams %R (14):	-20.98
Chande Momentum Oscillator (20):	0.0542
Repulse (5,40,3):	4.4077
ROCnROLL:	1
TRIX (15,9):	1.1473
Courbe Coppock:	36.62

MA7:	0.3187
MA20:	0.3024
MA50:	0.2888
MA100:	0.2705
MAexp7:	0.2984
MAexp20:	0.2742
MAexp50:	0.2395
MAexp100:	0.2098
Price / MA7:	-1.44%
Price / MA20:	+3.87%
Price / MA50:	+8.76%
Price / MA100:	+16.12%
Price / MAexp7:	+5.26%
Price / MAexp20:	+14.55%
Price / MAexp50:	+31.15%
Price / MAexp100:	+49.71%

Quotes : - 15 min delayed data - Euronext Lisbonne

News

Don't forget to follow the news on B.COM.PORTUGUES. At the time of publication of this analysis, the latest news was as follows:

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

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