BPER BANCA
BPER BANCA
- EUR (-)
- 15 min delayed data - Italy Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: BPE
ISIN: IT0000066123

BPER BANCA - 1H - Technical analysis published on 07/10/2023 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Bullish
Technical indicators
89%
6%
6%
My opinion
Bullish above 2.731 EUR
My targets
2.813 EUR (+1.15%)
3.005 EUR (+8.05%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on BPER BANCA. This is a positive signal for buyers. As long as the price remains above 2.731 EUR, a purchase could be considered. The first bullish objective is located at 2.813 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 3.005 EUR as an objective. Crossing it would then enable buyers to target 4.471 EUR. In the event of a return below 2.731 EUR, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7

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. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The BPER BANCA rating is 2.781 EUR. The price registered an increase of +1.61% on the session and was between 2.717 EUR and 2.784 EUR. This implies that the price is at +2.36% from its lowest and at -0.11% from its highest.

2.717
2.784
2.781

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this BPER BANCA chart shows a bullish trend. The signals returned by the moving averages are 75.00% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 100

Type : Bullish

Timeframe : 1 hour



In fact, 16 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

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

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour


MACD indicator is back over 0

Type : Bullish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 2.656 2.731 2.780 2.781 2.813 3.005 4.471
Change (%) -4.49% -1.80% -0.04% - +1.15% +8.05% +60.77%
Change -0.125 -0.050 -0.001 - +0.032 +0.224 +1.690
Level Minor Intermediate Minor - Major Minor Major



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
Standard2.6302.6522.6942.7162.7582.7802.822
Camarilla2.7192.7252.7312.7372.7432.7492.755
Woodie2.6412.6572.7052.7212.7692.7852.833
Fibonacci2.6522.6762.6912.7162.7402.7552.780


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.4732.5652.6512.7432.8292.9213.007
Camarilla2.6882.7042.7212.7372.7532.7702.786
Woodie2.4702.5642.6482.7422.8262.9203.004
Fibonacci2.5652.6332.6752.7432.8112.8532.921


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.0952.2492.5152.6692.9353.0893.355
Camarilla2.6672.7052.7442.7822.8212.8592.898
Woodie2.1522.2772.5722.6972.9923.1173.412
Fibonacci2.2492.4092.5082.6692.8292.9283.089

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): 68.21
MACD (12,26,9): 0.0030
Directional Movement: 16.075
AROON (14): 78.571
DEMA (21): 2.727
Parabolic SAR (0,02-0,02-0,2): 2.682
Elder Ray (13): 0.041
Super Trend (3,10): 2.703
Zig ZAG (10): 2.782
VORTEX (21): 1.0830
Stochastique (14,3,5): 96.91
TEMA (21): 2.739
Williams %R (14): -3.94
Chande Momentum Oscillator (20): 0.110
Repulse (5,40,3): 2.1250
ROCnROLL: 1
TRIX (15,9): -0.0490
Courbe Coppock: 2.53
MA7: 2.749
MA20: 2.693
MA50: 2.583
MA100: 2.496
MAexp7: 2.744
MAexp20: 2.729
MAexp50: 2.734
MAexp100: 2.719
Price / MA7: +1.16%
Price / MA20: +3.27%
Price / MA50: +7.67%
Price / MA100: +11.42%
Price / MAexp7: +1.35%
Price / MAexp20: +1.91%
Price / MAexp50: +1.72%
Price / MAexp100: +2.28%

Quotes : - 15 min delayed data - Italy Stocks

News


The last news published on BPER BANCA at the time of the generation of this analysis was as follows:

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

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