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 12/17/2023 (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
50%
22%
28%
My opinion
Bullish above 0.2397 EUR
My targets
0.3039 EUR (+8.23%)
0.3567 EUR (+27.03%)
My analysis
The bullish trend is currently very strong on B.COM.PORTUGUES. As long as the price remains above the support at 0.2397 EUR, you could try to benefit from the boom. The first bullish objective is located at 0.3039 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.3567 EUR as an objective. Crossing it would then enable buyers to target 1.7924 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 are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
7

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 0.2808 EUR. Over 5 days, this instrument lost -10.60% and has been traded over the last 5 days between 0.2801 EUR and 0.3053 EUR. This implies that the 5 day price is +0.25% from its lowest point and -8.02% from its highest point.

0.2801
0.3053
0.2808

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new LOW record (1 month)

Type : Bearish

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.

In fact, of the 18 technical indicators analysed by Central Analyzer, 9 are bullish, 5 are neutral and 4 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly


Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : Weekly


Williams %R indicator is back under -50

Type : Bearish

Timeframe : Weekly



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Central Candlesticks

Black evening star

Type : Bearish

Timeframe : Weekly




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.1210 0.1975 0.2397 0.2808 0.3039 1.7924 5.0964
Change (%) -56.91% -29.67% -14.64% - +8.23% +538.32% +1,714.96%
Change -0.1598 -0.0833 -0.0411 - +0.0231 +1.5116 +4.8156
Level Intermediate Major Major - Major Minor 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
Standard0.26070.27040.27560.28530.29050.30020.3054
Camarilla0.27670.27810.27940.28080.28220.28350.2849
Woodie0.25850.26930.27340.28420.28830.29910.3032
Fibonacci0.27040.27610.27960.28530.29100.29450.3002


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.27120.28780.30100.31760.33080.34740.3606
Camarilla0.30590.30860.31140.31410.31680.31960.3223
Woodie0.26940.28700.29920.31680.32900.34660.3588
Fibonacci0.28780.29920.30630.31760.32900.33610.3474


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): 55.64
MACD (12,26,9): 0.0198
Directional Movement: 16.4069
AROON (14): 92.8571
DEMA (21): 0.3010
Parabolic SAR (0,02-0,02-0,2): 0.3343
Elder Ray (13): 0.0130
Super Trend (3,10): 0.2633
Zig ZAG (10): 0.2808
VORTEX (21): 1.1248
Stochastique (14,3,5): 73.10
TEMA (21): 0.3050
Williams %R (14): -59.71
Chande Momentum Oscillator (20): 0.0181
Repulse (5,40,3): -13.0397
ROCnROLL: -1
TRIX (15,9): 1.1487
Courbe Coppock: 34.59
MA7: 0.3011
MA20: 0.3053
MA50: 0.2922
MA100: 0.2726
MAexp7: 0.2940
MAexp20: 0.2749
MAexp50: 0.2411
MAexp100: 0.2112
Price / MA7: -6.74%
Price / MA20: -8.02%
Price / MA50: -3.90%
Price / MA100: +3.01%
Price / MAexp7: -4.49%
Price / MAexp20: +2.15%
Price / MAexp50: +16.47%
Price / MAexp100: +32.95%

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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