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 02/27/2024 (GMT)

Timeframe : Daily
- Analysis generated on
Status : NEUTRAL

Summary of the analysis

Trends

Short term: Bullish

Underlying: Slightly bearish

Technical indicators

72%

28%

My opinion

Neutral between 0.660 EUR and 0.719 EUR

My targets

My analysis

The short-term increase on BELYSSE GROUP remains moderate but could challenge the slightly bearish basic trend. It is difficult to advise a trading direction under these conditions. The first resistance is located at 0.719 EUR. The first support is located at 0.660 EUR. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.

In the very short term, despite the neutral opinion of this analysis, technical indicators are bullish and could soon allow change to a bullish sentiment.

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 0.700 EUR. The price registered an increase of +6.71% on the session with the lowest point at 0.652 EUR and the highest point at 0.700 EUR. The deviation from the price is +7.36% for the low point and 0% for the high point.

0.652

0.700

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

Opening Gap DOWN

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows an item:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of BELYSSE GROUP indicates that the overall trend is slightly bearish. 53.57% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently being given by short-term moving averages indicate that this overall trend could be reversed. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily

An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

MACD indicator: bullish divergence

Type : Bullish

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

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 : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

MACD indicator is back over 0

Type : Bullish

Timeframe : Daily

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Bullish engulfing lines

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	0.600	0.660	0.700	0.719	1.021	1.121
Change (%)	-14.29%	-5.71%	-	+2.71%	+45.86%	+60.14%
Change	-0.100	-0.040	-	+0.019	+0.321	+0.421
Level	Major	Intermediate	-	Minor	Intermediate	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	0.620	0.636	0.668	0.684	0.716	0.732	0.764
Camarilla	0.687	0.691	0.696	0.700	0.704	0.709	0.713
Woodie	0.628	0.640	0.676	0.688	0.724	0.736	0.772
Fibonacci	0.636	0.654	0.666	0.684	0.702	0.714	0.732

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.620	0.636	0.668	0.684	0.716	0.732	0.764
Camarilla	0.687	0.691	0.696	0.700	0.704	0.709	0.713
Woodie	0.628	0.640	0.676	0.688	0.724	0.736	0.772
Fibonacci	0.636	0.654	0.666	0.684	0.702	0.714	0.732

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 is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	56.92
MACD (12,26,9):	0.0020
Directional Movement:	13.361
AROON (14):	64.286
DEMA (21):	0.663
Parabolic SAR (0,02-0,02-0,2):	0.612
Elder Ray (13):	0.010
Super Trend (3,10):	0.597
Zig ZAG (10):	0.700
VORTEX (21):	1.0270
Stochastique (14,3,5):	61.99
TEMA (21):	0.675
Williams %R (14):	0.00
Chande Momentum Oscillator (20):	0.060
Repulse (5,40,3):	5.0310
ROCnROLL:	1
TRIX (15,9):	-0.0850
Courbe Coppock:	10.60

MA7:	0.673
MA20:	0.652
MA50:	0.670
MA100:	0.709
MAexp7:	0.672
MAexp20:	0.664
MAexp50:	0.680
MAexp100:	0.731
Price / MA7:	+4.01%
Price / MA20:	+7.36%
Price / MA50:	+4.48%
Price / MA100:	-1.27%
Price / MAexp7:	+4.17%
Price / MAexp20:	+5.42%
Price / MAexp50:	+2.94%
Price / MAexp100:	-4.24%

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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