BIO-UV GROUP - Weekly - Technical analysis published on 07/19/2024 (GMT)
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- Timeframe : Weekly
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
61%
22%
My opinion
Bearish under 2.203 EUR
My targets
1.800 EUR (-11.33%)
1.670 EUR (-17.73%)
My analysis
The bearish trend is currently very strong for BIO-UV GROUP. As long as the price remains below the resistance at 2.203 EUR, you could try to take advantage of the bearish rally. The first bearish objective is located at 1.800 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 1.670 EUR as an objective. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
7.5
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This analysis was given by pierrott. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
BIO-UV GROUP rating 2.030 EUR. Over 5 days, this instrument gained +5.84% and was traded between 1.870 EUR and 2.080 EUR over the period. The price is currently at +8.56% from its lowest point and -2.40% from its highest point.1.870
2.080
2.030
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
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:
New LOW record (5 years)
Type : Bearish
Timeframe : Weekly
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
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 5 days
Technical
Technical analysis of this Weekly chart of BIO-UV GROUP indicates that the overall trend is strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
Technical indicators are bearish. There is still some doubt about the decline in the price.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Weekly
RSI indicator: bullish divergence
Type : Bullish
Timeframe : Weekly
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
R1
R2
R3
Price
| Price | R1 | R2 | R3 | |
|---|---|---|---|---|
| ProTrendLines | 2.030 | 2.203 | 3.879 | 5.393 |
| Change (%) | - | +8.52% | +91.08% | +165.67% |
| Change | - | +0.173 | +1.849 | +3.363 |
| Level | - | Intermediate | 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 | 1.828 | 1.860 | 1.876 | 1.908 | 1.924 | 1.956 | 1.972 |
| Camarilla | 1.879 | 1.883 | 1.888 | 1.892 | 1.896 | 1.901 | 1.905 |
| Woodie | 1.820 | 1.856 | 1.868 | 1.904 | 1.916 | 1.952 | 1.964 |
| Fibonacci | 1.860 | 1.878 | 1.890 | 1.908 | 1.926 | 1.938 | 1.956 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.535 | 1.719 | 1.818 | 2.002 | 2.101 | 2.285 | 2.384 |
| Camarilla | 1.840 | 1.866 | 1.892 | 1.918 | 1.944 | 1.970 | 1.996 |
| Woodie | 1.494 | 1.698 | 1.777 | 1.981 | 2.060 | 2.264 | 2.343 |
| Fibonacci | 1.719 | 1.827 | 1.894 | 2.002 | 2.110 | 2.177 | 2.285 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.670 | 1.800 | 2.010 | 2.140 | 2.350 | 2.480 | 2.690 |
| Camarilla | 2.127 | 2.158 | 2.189 | 2.220 | 2.251 | 2.282 | 2.314 |
| Woodie | 1.710 | 1.820 | 2.050 | 2.160 | 2.390 | 2.500 | 2.730 |
| Fibonacci | 1.800 | 1.930 | 2.010 | 2.140 | 2.270 | 2.350 | 2.480 |
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): | 38.72 | |
| MACD (12,26,9): | -0.1610 | |
| Directional Movement: | -20.045 | |
| AROON (14): | -92.857 | |
| DEMA (21): | 2.044 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.462 | |
| Elder Ray (13): | -0.209 | |
| Super Trend (3,10): | 2.548 | |
| Zig ZAG (10): | 2.030 | |
| VORTEX (21): | 0.8700 | |
| Stochastique (14,3,5): | 21.92 | |
| TEMA (21): | 2.075 | |
| Williams %R (14): | -71.93 | |
| Chande Momentum Oscillator (20): | -0.260 | |
| Repulse (5,40,3): | -3.6490 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.8220 | |
| Courbe Coppock: | 29.15 |
| MA7: | 1.933 | |
| MA20: | 2.096 | |
| MA50: | 2.163 | |
| MA100: | 2.344 | |
| MAexp7: | 2.107 | |
| MAexp20: | 2.262 | |
| MAexp50: | 2.663 | |
| MAexp100: | 3.258 | |
| Price / MA7: | +5.02% | |
| Price / MA20: | -3.15% | |
| Price / MA50: | -6.15% | |
| Price / MA100: | -13.40% | |
| Price / MAexp7: | -3.65% | |
| Price / MAexp20: | -10.26% | |
| Price / MAexp50: | -23.77% | |
| Price / MAexp100: | -37.69% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
The last news published on BIO-UV GROUP at the time of the generation of this analysis was as follows:
- BIO-UV Group strengthens its organisation to support its growth, promote sales of solutions and develop aftersales services
- Sharp increase in 2022 full-year results - Outlook
- Successful transaction for the sale of 1,395,962 shares in BIO-UV Group by its majority shareholder, Benoît Gillmann - Appointment of Laurent-Emmanuel Migeon as Chairman and Chief Executive Officer of BIO-UV Group
- Launch of the sale of 1,395,962 shares in BIO-UV Group initiated by its majority shareholder, Benoît Gillmann - Proposal to change BIO-UV Group's governance structure with the appointment of Laurent-Emmanuel Migeon as Chairman and Chief Executive Officer
- Full year turnover of EUR 51.5m with steep growth of +54% of which 16% organic
This member declared not having a position on this financial instrument or a related financial instrument.
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