BENETEAU

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	BEN
ISIN:	FR0000035164

BENETEAU - Daily - Technical analysis published on 12/14/2023 (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 11.83 EUR

My targets

10.77 EUR (-3.84%)

9.22 EUR (-17.68%)

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 BENETEAU. As long as you are under the resistance located at 11.83 EUR, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 10.77 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 9.22 EUR as an objective. Crossing it would then enable sellers to target 6.87 EUR. If the resistance 11.83 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.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.

Force

2.9

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. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The BENETEAU price is 11.20 EUR. On the day, this instrument gained +6.46% with the lowest point at 10.64 EUR and the highest point at 11.24 EUR. The deviation from the price is +5.26% for the low point and -0.36% for the high point.

10.64

11.24

11.20

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

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 HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of BENETEAU in Daily shows an overall bearish trend. 75.00% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. An assessment of moving averages reveals a bullish signal that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

On the 18 technical indicators analysed, 8 are bullish, 6 are neutral and 4 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : Daily

CCI indicator: bullish divergence

Type : Bullish

Timeframe : Daily

RSI indicator: bullish divergence

Type : Bullish

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 3

Type : Neutral

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 resistance of channel

Type : Bearish

Timeframe : Daily

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

White morning star

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	6.87	9.22	10.77	11.20	12.39	14.08	15.10
Change (%)	-38.66%	-17.68%	-3.84%	-	+10.63%	+25.71%	+34.82%
Change	-4.33	-1.98	-0.43	-	+1.19	+2.88	+3.90
Level	Intermediate	Major	Intermediate	-	Intermediate	Major	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10.17	10.35	10.43	10.61	10.69	10.87	10.95
Camarilla	10.45	10.47	10.50	10.52	10.54	10.57	10.59
Woodie	10.13	10.33	10.39	10.59	10.65	10.85	10.91
Fibonacci	10.35	10.45	10.51	10.61	10.71	10.77	10.87

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9.58	10.08	10.52	11.02	11.46	11.96	12.40
Camarilla	10.70	10.79	10.87	10.96	11.05	11.13	11.22
Woodie	9.55	10.07	10.49	11.01	11.43	11.95	12.37
Fibonacci	10.08	10.44	10.66	11.02	11.38	11.60	11.96

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9.75	10.35	10.79	11.39	11.83	12.43	12.87
Camarilla	10.95	11.05	11.15	11.24	11.34	11.43	11.53
Woodie	9.68	10.31	10.72	11.35	11.76	12.39	12.80
Fibonacci	10.35	10.74	10.99	11.39	11.78	12.03	12.43

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):	48.65
MACD (12,26,9):	-0.1700
Directional Movement:	-6.04
AROON (14):	-50.00
DEMA (21):	10.93
Parabolic SAR (0,02-0,02-0,2):	11.36
Elder Ray (13):	-0.13
Super Trend (3,10):	11.54
Zig ZAG (10):	11.20
VORTEX (21):	0.8800
Stochastique (14,3,5):	25.50
TEMA (21):	10.95
Williams %R (14):	-32.00
Chande Momentum Oscillator (20):	-0.14
Repulse (5,40,3):	2.7100
ROCnROLL:	-1
TRIX (15,9):	-0.1600
Courbe Coppock:	6.15

MA7:	10.96
MA20:	11.20
MA50:	11.40
MA100:	12.53
MAexp7:	10.98
MAexp20:	11.15
MAexp50:	11.57
MAexp100:	12.34
Price / MA7:	+2.19%
Price / MA20:	-0%
Price / MA50:	-1.75%
Price / MA100:	-10.61%
Price / MAexp7:	+2.00%
Price / MAexp20:	+0.45%
Price / MAexp50:	-3.20%
Price / MAexp100:	-9.24%

Quotes : - 15 min delayed data - Euronext Paris

News

Don't forget to follow the news on BENETEAU. At the time of publication of this analysis, the latest news was as follows:

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

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