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 07/10/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

22%

50%

28%

My opinion

Bearish under 10.39 EUR

My targets

8.77 EUR (-12.82%)

7.77 EUR (-22.76%)

My analysis

BENETEAU is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 10.39 EUR. The next support located at 8.77 EUR is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 7.77 EUR. Below this support, sellers could then target 6.49 EUR. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.

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 rating is 10.06 EUR. On the day, this instrument gained +2.65% and was between 9.79 EUR and 10.08 EUR. This implies that the price is at +2.76% from its lowest and at -0.20% from its highest.

9.79

10.08

10.06

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

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by BENETEAU:

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

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 BENETEAU in Daily shows a overall strongly bearish trend. 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:

MACD indicator: bullish divergence

Type : Bullish

Timeframe : Daily

RSI indicator: bullish divergence

Type : Bullish

Timeframe : Daily

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

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Near horizontal support

Type : Bullish

Timeframe : Daily

The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Bullish harami

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	6.49	8.71	9.94	10.06	10.39	10.82	11.10
Change (%)	-35.49%	-13.42%	-1.19%	-	+3.28%	+7.55%	+10.34%
Change	-3.57	-1.35	-0.12	-	+0.33	+0.76	+1.04
Level	Minor	Major	Major	-	Major	Minor	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	9.14	9.45	9.63	9.94	10.12	10.43	10.61
Camarilla	9.67	9.71	9.76	9.80	9.85	9.89	9.94
Woodie	9.07	9.42	9.56	9.91	10.05	10.40	10.54
Fibonacci	9.45	9.64	9.76	9.94	10.13	10.25	10.43

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9.23	9.51	9.95	10.23	10.67	10.95	11.39
Camarilla	10.18	10.25	10.31	10.38	10.45	10.51	10.58
Woodie	9.30	9.55	10.02	10.27	10.74	10.99	11.46
Fibonacci	9.51	9.79	9.96	10.23	10.51	10.68	10.95

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	5.80	7.77	8.77	10.74	11.74	13.71	14.71
Camarilla	8.95	9.23	9.50	9.77	10.04	10.32	10.59
Woodie	5.32	7.53	8.29	10.50	11.26	13.47	14.23
Fibonacci	7.77	8.91	9.61	10.74	11.88	12.58	13.71

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):	35.66
MACD (12,26,9):	-0.4900
Directional Movement:	-21.09
AROON (14):	-42.86
DEMA (21):	9.90
Parabolic SAR (0,02-0,02-0,2):	10.51
Elder Ray (13):	-0.38
Super Trend (3,10):	10.78
Zig ZAG (10):	10.06
VORTEX (21):	0.6600
Stochastique (14,3,5):	24.33
TEMA (21):	9.75
Williams %R (14):	-71.93
Chande Momentum Oscillator (20):	-0.44
Repulse (5,40,3):	-2.1000
ROCnROLL:	2
TRIX (15,9):	-0.6900
Courbe Coppock:	15.16

MA7:	10.19
MA20:	10.44
MA50:	11.71
MA100:	11.89
MAexp7:	10.14
MAexp20:	10.57
MAexp50:	11.26
MAexp100:	11.57
Price / MA7:	-1.28%
Price / MA20:	-3.64%
Price / MA50:	-14.09%
Price / MA100:	-15.39%
Price / MAexp7:	-0.79%
Price / MAexp20:	-4.82%
Price / MAexp50:	-10.66%
Price / MAexp100:	-13.05%

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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