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 07/21/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bearish

Technical indicators

50%

11%

39%

My opinion

Bearish under 1.140 EUR

My targets

1.024 EUR (-8.16%)

0.930 EUR (-16.59%)

My analysis

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on BELYSSE GROUP. As long as you are under the resistance located at 1.140 EUR, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 1.024 EUR would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 0.930 EUR as an objective. Crossing it would then enable sellers to target 0.792 EUR. If the resistance 1.140 EUR were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.

In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.

Force

1.6

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 Londinia.

Additional analysis

Quotes

The BELYSSE GROUP rating is 1.115 EUR. The price has increased by +5.19% since the last closing and was between 1.100 EUR and 1.135 EUR. This implies that the price is at +1.36% from its lowest and at -1.76% from its highest.

1.100

1.135

1.115

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

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by BELYSSE GROUP:

Technical

Technical analysis of BELYSSE GROUP in Daily shows an overall bearish trend. 71.43% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. An assessment of moving averages reveals a bullish signal that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

The probability of a further increase is slight given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

MACD indicator: bullish divergence

Type : Bullish

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily

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

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

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	0.792	1.024	1.115	1.140	1.208	1.291
Change (%)	-28.97%	-8.16%	-	+2.24%	+8.34%	+15.78%
Change	-0.323	-0.091	-	+0.025	+0.093	+0.176
Level	Minor	Major	-	Intermediate	Minor	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.063	1.082	1.098	1.117	1.133	1.152	1.168
Camarilla	1.105	1.109	1.112	1.115	1.118	1.121	1.125
Woodie	1.063	1.081	1.098	1.116	1.133	1.151	1.168
Fibonacci	1.082	1.095	1.103	1.117	1.130	1.138	1.152

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.890	0.940	1.040	1.090	1.190	1.240	1.340
Camarilla	1.099	1.113	1.126	1.140	1.154	1.168	1.181
Woodie	0.915	0.953	1.065	1.103	1.215	1.253	1.365
Fibonacci	0.940	0.997	1.033	1.090	1.147	1.183	1.240

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.930	1.015	1.060	1.145	1.190	1.275	1.320
Camarilla	1.069	1.081	1.093	1.105	1.117	1.129	1.141
Woodie	0.910	1.005	1.040	1.135	1.170	1.265	1.300
Fibonacci	1.015	1.065	1.095	1.145	1.195	1.225	1.275

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):	50.77
MACD (12,26,9):	-0.0170
Directional Movement:	1.492
AROON (14):	-28.572
DEMA (21):	1.074
Parabolic SAR (0,02-0,02-0,2):	0.993
Elder Ray (13):	0.029
Super Trend (3,10):	1.160
Zig ZAG (10):	1.115
VORTEX (21):	0.8680
Stochastique (14,3,5):	57.02
TEMA (21):	1.068
Williams %R (14):	-34.21
Chande Momentum Oscillator (20):	-0.030
Repulse (5,40,3):	-4.4050
ROCnROLL:	-1
TRIX (15,9):	-0.2820
Courbe Coppock:	8.80

MA7:	1.076
MA20:	1.095
MA50:	1.143
MA100:	1.127
MAexp7:	1.087
MAexp20:	1.097
MAexp50:	1.121
MAexp100:	1.150
Price / MA7:	+3.62%
Price / MA20:	+1.83%
Price / MA50:	-2.45%
Price / MA100:	-1.06%
Price / MAexp7:	+2.58%
Price / MAexp20:	+1.64%
Price / MAexp50:	-0.54%
Price / MAexp100:	-3.04%

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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