BELYSSE GROUP

- EUR (-)

- 15 min delayed data - Euronext Bruxelles

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	BELYS
ISIN:	BE0974314461

BELYSSE GROUP - Daily - Technical analysis published on 06/28/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

61%

17%

22%

My opinion

Bullish above 1.140 EUR

My targets

1.291 EUR (+8.03%)

1.415 EUR (+18.41%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on BELYSSE GROUP as long as the price remains well above 1.140 EUR. The buyers' bullish objective is set at 1.291 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.415 EUR. If there is any crossing, the next objective would be the resistance located at 1.520 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

6.8

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 Londinia.

Additional analysis

Quotes

The BELYSSE GROUP price is 1.195 EUR. The price registered an increase of +7.18% on the session and was between 1.195 EUR and 1.200 EUR. This implies that the price is at 0% from its lowest and at -0.42% from its highest.

1.195

1.200

1.195

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Opening Gap UP

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical

A technical analysis in Daily of this BELYSSE GROUP chart shows a strongly bullish trend. 85.71% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily

In fact, 11 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Daily

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near resistance of channel

Type : Bearish

Timeframe : Daily

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.792	1.024	1.140	1.195	1.291	1.415	1.520
Change (%)	-33.72%	-14.31%	-4.60%	-	+8.03%	+18.41%	+27.20%
Change	-0.403	-0.171	-0.055	-	+0.096	+0.220	+0.325
Level	Minor	Major	Intermediate	-	Intermediate	Minor	Minor

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	1.188	1.192	1.193	1.197	1.198	1.202	1.203
Camarilla	1.194	1.194	1.195	1.195	1.196	1.196	1.196
Woodie	1.188	1.191	1.193	1.196	1.198	1.201	1.203
Fibonacci	1.192	1.194	1.195	1.197	1.199	1.200	1.202

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.957	1.033	1.072	1.148	1.187	1.263	1.302
Camarilla	1.078	1.089	1.100	1.110	1.121	1.131	1.142
Woodie	0.938	1.024	1.053	1.139	1.168	1.254	1.283
Fibonacci	1.033	1.077	1.104	1.148	1.192	1.219	1.263

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.780	0.920	1.045	1.185	1.310	1.450	1.575
Camarilla	1.097	1.121	1.146	1.170	1.194	1.219	1.243
Woodie	0.773	0.916	1.038	1.181	1.303	1.446	1.568
Fibonacci	0.920	1.021	1.084	1.185	1.286	1.349	1.450

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):	54.47
MACD (12,26,9):	-0.0030
Directional Movement:	9.341
AROON (14):	57.143
DEMA (21):	1.158
Parabolic SAR (0,02-0,02-0,2):	1.241
Elder Ray (13):	0.041
Super Trend (3,10):	1.229
Zig ZAG (10):	1.195
VORTEX (21):	0.9150
Stochastique (14,3,5):	32.00
TEMA (21):	1.148
Williams %R (14):	-24.00
Chande Momentum Oscillator (20):	0.075
Repulse (5,40,3):	-2.5280
ROCnROLL:	1
TRIX (15,9):	0.0050
Courbe Coppock:	2.28

MA7:	1.154
MA20:	1.165
MA50:	1.150
MA100:	1.142
MAexp7:	1.153
MAexp20:	1.159
MAexp50:	1.156
MAexp100:	1.176
Price / MA7:	+3.55%
Price / MA20:	+2.58%
Price / MA50:	+3.91%
Price / MA100:	+4.64%
Price / MAexp7:	+3.64%
Price / MAexp20:	+3.11%
Price / MAexp50:	+3.37%
Price / MAexp100:	+1.62%

Quotes : - 15 min delayed data - Euronext Bruxelles

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

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