B&S GROUP

- EUR (-)

- 15 min delayed data - Euronext Amsterdam

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	BSGR
ISIN:	LU1789205884

B&S GROUP - Daily - Technical analysis published on 10/03/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Neutral

Technical indicators

50%

17%

33%

My opinion

Bullish above 4.763 EUR

My targets

5.373 EUR (+5.35%)

6.117 EUR (+19.94%)

My analysis

The current short-term bullish trend should quickly fix the basic bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for B&S GROUP as long as the price remains well above 4.763 EUR. The buyers' bullish objective is set at 5.373 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 6.117 EUR. If there is any crossing, the next objective would be the resistance located at 6.598 EUR.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

2.1

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.

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Additional analysis

Quotes

The B&S GROUP price is 5.100 EUR. On the day, this instrument gained +12.96% and was between 4.540 EUR and 5.280 EUR. This implies that the price is at +12.33% from its lowest and at -3.41% from its highest.

4.540

5.280

5.100

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

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

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

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of B&S GROUP indicates that the overall trend is not clearly defined. The trend could quickly turn bullish due to the strong bullish signals currently being given by 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 adaptative moving average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily

In fact, only 9 technical indicators out of 18 studied are currently positioned bullish. Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 2

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

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Daily

SuperTrend indicator bullish reversal

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

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

Near resistance of channel

Type : Bearish

Timeframe : Daily

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Long white line

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	3.735	4.550	5.100	5.373	6.598	7.621
Change (%)	-26.76%	-10.78%	-	+5.35%	+29.37%	+49.43%
Change	-1.365	-0.550	-	+0.273	+1.498	+2.521
Level	Minor	Major	-	Intermediate	Intermediate	Intermediate

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	4.393	4.442	4.478	4.527	4.563	4.612	4.648
Camarilla	4.492	4.499	4.507	4.515	4.523	4.531	4.538
Woodie	4.388	4.439	4.473	4.524	4.558	4.609	4.643
Fibonacci	4.442	4.474	4.494	4.527	4.559	4.579	4.612

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3.935	4.165	4.340	4.570	4.745	4.975	5.150
Camarilla	4.404	4.441	4.478	4.515	4.552	4.589	4.626
Woodie	3.908	4.151	4.313	4.556	4.718	4.961	5.123
Fibonacci	4.165	4.320	4.415	4.570	4.725	4.820	4.975

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3.162	3.778	4.147	4.763	5.132	5.748	6.117
Camarilla	4.244	4.334	4.425	4.515	4.605	4.696	4.786
Woodie	3.038	3.716	4.023	4.701	5.008	5.686	5.993
Fibonacci	3.778	4.155	4.387	4.763	5.140	5.372	5.748

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):	54.81
MACD (12,26,9):	-0.0960
Directional Movement:	9.857
AROON (14):	-50.000
DEMA (21):	4.804
Parabolic SAR (0,02-0,02-0,2):	4.395
Elder Ray (13):	0.056
Super Trend (3,10):	4.216
Zig ZAG (10):	5.100
VORTEX (21):	0.8760
Stochastique (14,3,5):	36.80
TEMA (21):	4.724
Williams %R (14):	-21.23
Chande Momentum Oscillator (20):	0.060
Repulse (5,40,3):	9.2450
ROCnROLL:	1
TRIX (15,9):	-0.1570
Courbe Coppock:	15.48

MA7:	4.681
MA20:	4.999
MA50:	5.035
MA100:	5.115
MAexp7:	4.786
MAexp20:	4.909
MAexp50:	5.024
MAexp100:	5.285
Price / MA7:	+8.95%
Price / MA20:	+2.02%
Price / MA50:	+1.29%
Price / MA100:	-0.29%
Price / MAexp7:	+6.56%
Price / MAexp20:	+3.89%
Price / MAexp50:	+1.51%
Price / MAexp100:	-3.50%

Quotes : - 15 min delayed data - Euronext Amsterdam

News

The latest news and videos published on B&S GROUP at the time of the analysis were as follows:

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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