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 02/07/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bearish

Technical indicators

44%

22%

33%

My opinion

Bearish under 0.703 EUR

My targets

0.647 EUR (-2.31%)

0.553 EUR (-16.42%)

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 0.703 EUR, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 0.647 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 0.553 EUR as an objective. Crossing it would then enable sellers to target 0.497 EUR. If the resistance 0.703 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.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.

Force

2.5

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 0.662 EUR. The price registered an increase of +5.08% on the session and was traded between 0.630 EUR and 0.678 EUR over the period. The price is currently at +5.08% from its lowest and -2.36% from its highest.

0.630

0.678

0.662

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, which identifies the highest / lowest, has detected an element:

Near a new LOW record (5 years)

Type : Bearish

Timeframe : Weekly

Abnormal volumes on BELYSSE GROUP were detected by the Central Volumes scanner:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Technical

Technical analysis of BELYSSE GROUP in Daily shows an overall bearish trend. The signals given by moving averages are 75.00% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

In fact, of the 18 technical indicators analysed by Central Analyzer, 8 are bullish, 6 are neutral and 4 are bearish. 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

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

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 horizontal resistance

Type : Bearish

Timeframe : Daily

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

ProTrendLines

Price

	S1	Price	R1	R2	R3
ProTrendLines	0.660	0.662	0.739	1.021	1.121
Change (%)	-0.30%	-	+11.63%	+54.23%	+69.34%
Change	-0.002	-	+0.077	+0.359	+0.459
Level	Intermediate	-	Intermediate	Intermediate	Minor

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.587	0.609	0.635	0.657	0.683	0.705	0.731
Camarilla	0.649	0.653	0.658	0.662	0.666	0.671	0.675
Woodie	0.590	0.610	0.638	0.658	0.686	0.706	0.734
Fibonacci	0.609	0.627	0.638	0.657	0.675	0.686	0.705

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.453	0.529	0.569	0.645	0.685	0.761	0.801
Camarilla	0.578	0.589	0.599	0.610	0.621	0.631	0.642
Woodie	0.436	0.520	0.552	0.636	0.668	0.752	0.784
Fibonacci	0.529	0.573	0.600	0.645	0.689	0.716	0.761

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.403	0.497	0.553	0.647	0.703	0.797	0.853
Camarilla	0.569	0.583	0.596	0.610	0.624	0.638	0.651
Woodie	0.385	0.488	0.535	0.638	0.685	0.788	0.835
Fibonacci	0.497	0.554	0.589	0.647	0.704	0.739	0.797

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):	49.61
MACD (12,26,9):	-0.0190
Directional Movement:	12.163
AROON (14):	14.286
DEMA (21):	0.631
Parabolic SAR (0,02-0,02-0,2):	0.705
Elder Ray (13):	0.008
Super Trend (3,10):	0.533
Zig ZAG (10):	0.662
VORTEX (21):	0.9240
Stochastique (14,3,5):	33.48
TEMA (21):	0.628
Williams %R (14):	-44.62
Chande Momentum Oscillator (20):	-0.004
Repulse (5,40,3):	3.9700
ROCnROLL:	-1
TRIX (15,9):	-0.3840
Courbe Coppock:	15.30

MA7:	0.639
MA20:	0.660
MA50:	0.691
MA100:	0.729
MAexp7:	0.639
MAexp20:	0.656
MAexp50:	0.691
MAexp100:	0.752
Price / MA7:	+3.60%
Price / MA20:	+0.30%
Price / MA50:	-4.20%
Price / MA100:	-9.19%
Price / MAexp7:	+3.60%
Price / MAexp20:	+0.91%
Price / MAexp50:	-4.20%
Price / MAexp100:	-11.97%

Quotes : - 15 min delayed data - Euronext Bruxelles

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

About author

Londinia AI

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