BENETEAU

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	BEN
ISIN:	FR0000035164

BENETEAU - 1H - Technical analysis published on 04/09/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

50%

17%

33%

My opinion

Bullish above 13.39 EUR

My targets

13.78 EUR (+1.17%)

14.08 EUR (+3.38%)

My analysis

BENETEAU is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 13.39 EUR. The next resistance located at 13.78 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 14.08 EUR. After this resistance, buyers could then target 15.30 EUR. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

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

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 BENETEAU price is 13.62 EUR. On the day, this instrument lost -0.15% and was traded between 13.58 EUR and 13.66 EUR over the period. The price is currently at +0.29% from its lowest and -0.29% from its highest.

13.58

13.66

13.62

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.

Bearish opening

Type : Bearish

Timeframe : Openning

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

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of BENETEAU indicates that the overall trend is strongly bullish. 89.29% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, only 9 technical indicators out of 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

MACD indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour

Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near resistance of channel

Type : Bearish

Timeframe : 1 hour

Near resistance of triangle

Type : Bearish

Timeframe : 1 hour

Near horizontal support

Type : Bullish

Timeframe : 1 hour

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	12.78	13.39	13.60	13.62	13.78	14.08	15.30
Change (%)	-6.17%	-1.69%	-0.15%	-	+1.17%	+3.38%	+12.33%
Change	-0.84	-0.23	-0.02	-	+0.16	+0.46	+1.68
Level	Minor	Major	Minor	-	Intermediate	Major	Major

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13.33	13.43	13.53	13.63	13.73	13.83	13.93
Camarilla	13.59	13.60	13.62	13.64	13.66	13.68	13.70
Woodie	13.34	13.43	13.54	13.63	13.74	13.83	13.94
Fibonacci	13.43	13.50	13.55	13.63	13.70	13.75	13.83

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12.65	12.91	13.21	13.47	13.77	14.03	14.33
Camarilla	13.37	13.42	13.47	13.52	13.57	13.62	13.67
Woodie	12.68	12.92	13.24	13.48	13.80	14.04	14.36
Fibonacci	12.91	13.12	13.25	13.47	13.68	13.81	14.03

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10.67	11.35	12.51	13.19	14.35	15.03	16.19
Camarilla	13.17	13.34	13.51	13.68	13.85	14.02	14.19
Woodie	10.92	11.47	12.76	13.31	14.60	15.15	16.44
Fibonacci	11.35	12.05	12.48	13.19	13.89	14.32	15.03

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	56.04
MACD (12,26,9):	0.0400
Directional Movement:	10.53
AROON (14):	14.29
DEMA (21):	13.66
Parabolic SAR (0,02-0,02-0,2):	13.58
Elder Ray (13):	0.02
Super Trend (3,10):	13.48
Zig ZAG (10):	13.64
VORTEX (21):	1.1900
Stochastique (14,3,5):	57.62
TEMA (21):	13.67
Williams %R (14):	-57.14
Chande Momentum Oscillator (20):	-0.06
Repulse (5,40,3):	0.3500
ROCnROLL:	1
TRIX (15,9):	0.0500
Courbe Coppock:	1.07

MA7:	13.55
MA20:	13.18
MA50:	12.38
MA100:	11.91
MAexp7:	13.63
MAexp20:	13.60
MAexp50:	13.54
MAexp100:	13.41
Price / MA7:	+0.52%
Price / MA20:	+3.34%
Price / MA50:	+10.02%
Price / MA100:	+14.36%
Price / MAexp7:	-0.07%
Price / MAexp20:	+0.15%
Price / MAexp50:	+0.59%
Price / MAexp100:	+1.57%

Quotes : - 15 min delayed data - Euronext Paris

News

The latest news and videos published on BENETEAU 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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