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 01/02/2024 (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

39%

11%

50%

My opinion

Bearish under 0.789 EUR

My targets

0.660 EUR (-8.33%)

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 0.789 EUR, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 0.660 EUR would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. If the resistance 0.789 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, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.

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 0.720 EUR. The price registered an increase of +7.46% on the session with the lowest point at 0.672 EUR and the highest point at 0.720 EUR. The deviation from the price is +7.14% for the low point and 0% for the high point.

0.672

0.720

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.

Bullish opening

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:

The Central Records scanner for higher/lower results shows the following items:

Near a new LOW record (5 years)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of BELYSSE GROUP in Daily shows an overall bearish trend. 67.86% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

An assessment of technical indicators shows a slightly bullish signal.
Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near resistance of channel

Type : Bearish

Timeframe : Daily

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

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	0.660	0.717	0.720	0.789	1.021	1.121
Change (%)	-8.33%	-0.42%	-	+9.58%	+41.81%	+55.69%
Change	-0.060	-0.003	-	+0.069	+0.301	+0.401
Level	Major	Minor	-	Minor	Intermediate	Intermediate

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.640	0.656	0.688	0.704	0.736	0.752	0.784
Camarilla	0.707	0.711	0.716	0.720	0.724	0.729	0.733
Woodie	0.648	0.660	0.696	0.708	0.744	0.756	0.792
Fibonacci	0.656	0.674	0.686	0.704	0.722	0.734	0.752

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.541	0.601	0.631	0.691	0.721	0.781	0.811
Camarilla	0.637	0.646	0.654	0.662	0.670	0.679	0.687
Woodie	0.527	0.594	0.617	0.684	0.707	0.774	0.797
Fibonacci	0.601	0.635	0.656	0.691	0.725	0.746	0.781

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.383	0.533	0.627	0.777	0.871	1.021	1.115
Camarilla	0.655	0.677	0.700	0.722	0.744	0.767	0.789
Woodie	0.356	0.519	0.600	0.763	0.844	1.007	1.088
Fibonacci	0.533	0.626	0.684	0.777	0.870	0.928	1.021

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	51.92
MACD (12,26,9):	-0.0200
Directional Movement:	0.531
AROON (14):	-28.571
DEMA (21):	0.671
Parabolic SAR (0,02-0,02-0,2):	0.740
Elder Ray (13):	0.008
Super Trend (3,10):	0.786
Zig ZAG (10):	0.720
VORTEX (21):	0.8930
Stochastique (14,3,5):	26.21
TEMA (21):	0.665
Williams %R (14):	-44.44
Chande Momentum Oscillator (20):	0.030
Repulse (5,40,3):	-4.0900
ROCnROLL:	-1
TRIX (15,9):	-0.4500
Courbe Coppock:	16.41

MA7:	0.671
MA20:	0.702
MA50:	0.739
MA100:	0.799
MAexp7:	0.682
MAexp20:	0.698
MAexp50:	0.737
MAexp100:	0.806
Price / MA7:	+7.30%
Price / MA20:	+2.56%
Price / MA50:	-2.57%
Price / MA100:	-9.89%
Price / MAexp7:	+5.57%
Price / MAexp20:	+3.15%
Price / MAexp50:	-2.31%
Price / MAexp100:	-10.67%

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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Londinia AI

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