BNP PARIBAS ACT.A - Daily - Technical analysis published on 03/02/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
17%
28%
56%
My opinion
Bullish above 62.38 EUR
My targets
65.80 EUR (+3.80%)
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 BNP PARIBAS ACT.A. As long as you are above the support located at 62.38 EUR, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 65.80 EUR would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. If the support 62.38 EUR were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
2.9
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
BNP PARIBAS ACT.A rating 63.39 EUR. The price is lower by -0.02% since the last closing and was between 62.16 EUR and 63.57 EUR. This implies that the price is at +1.98% from its lowest and at -0.28% from its highest.62.16
63.57
63.39
A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by BNP PARIBAS ACT.A:
New HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Daily of this BNP PARIBAS ACT.A chart shows a bullish trend. The signals given by moving averages are 75.00% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : Daily
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 3 are bullish, 10 are neutral and 5 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : Daily
Momentum indicator is back under 0
Type : Bearish
Timeframe : Daily
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 support of channel
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 45.63 | 50.55 | 62.38 | 63.39 | 65.80 |
| Change (%) | -28.02% | -20.26% | -1.59% | - | +3.80% |
| Change | -17.76 | -12.84 | -1.01 | - | +2.41 |
| Level | Minor | Major | Major | - | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 60.89 | 61.99 | 62.70 | 63.80 | 64.51 | 65.61 | 66.32 |
| Camarilla | 62.90 | 63.07 | 63.23 | 63.40 | 63.57 | 63.73 | 63.90 |
| Woodie | 60.69 | 61.89 | 62.50 | 63.70 | 64.31 | 65.51 | 66.12 |
| Fibonacci | 61.99 | 62.69 | 63.11 | 63.80 | 64.50 | 64.92 | 65.61 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 60.64 | 62.10 | 62.99 | 64.45 | 65.34 | 66.80 | 67.69 |
| Camarilla | 63.24 | 63.46 | 63.68 | 63.89 | 64.11 | 64.32 | 64.54 |
| Woodie | 60.37 | 61.96 | 62.72 | 64.31 | 65.07 | 66.66 | 67.42 |
| Fibonacci | 62.10 | 62.99 | 63.55 | 64.45 | 65.34 | 65.90 | 66.80 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 53.92 | 56.72 | 61.43 | 64.23 | 68.94 | 71.74 | 76.45 |
| Camarilla | 64.09 | 64.77 | 65.46 | 66.15 | 66.84 | 67.53 | 68.22 |
| Woodie | 54.89 | 57.20 | 62.40 | 64.71 | 69.91 | 72.22 | 77.42 |
| Fibonacci | 56.72 | 59.59 | 61.36 | 64.23 | 67.10 | 68.87 | 71.74 |
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): | 51.32 | |
| MACD (12,26,9): | 1.0400 | |
| Directional Movement: | 0.46 | |
| AROON (14): | -14.29 | |
| DEMA (21): | 65.43 | |
| Parabolic SAR (0,02-0,02-0,2): | 67.02 | |
| Elder Ray (13): | -1.43 | |
| Super Trend (3,10): | 61.93 | |
| Zig ZAG (10): | 63.50 | |
| VORTEX (21): | 0.9000 | |
| Stochastique (14,3,5): | 37.77 | |
| TEMA (21): | 64.90 | |
| Williams %R (14): | -72.84 | |
| Chande Momentum Oscillator (20): | -0.90 | |
| Repulse (5,40,3): | 1.9700 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.3300 | |
| Courbe Coppock: | 4.16 |
| MA7: | 64.44 | |
| MA20: | 64.09 | |
| MA50: | 60.79 | |
| MA100: | 55.68 | |
| MAexp7: | 64.36 | |
| MAexp20: | 63.82 | |
| MAexp50: | 60.97 | |
| MAexp100: | 57.28 | |
| Price / MA7: | -1.63% | |
| Price / MA20: | -1.09% | |
| Price / MA50: | +4.28% | |
| Price / MA100: | +13.85% | |
| Price / MAexp7: | -1.51% | |
| Price / MAexp20: | -0.67% | |
| Price / MAexp50: | +3.97% | |
| Price / MAexp100: | +10.67% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
Don't forget to follow the news on BNP PARIBAS ACT.A. At the time of publication of this analysis, the latest news was as follows:
- BMO Financial Group and BNP Paribas Announce Global Commercial Agreement
- BNP Paribas Cardif and Lemonade Join Forces to Offer 100% Online Renters Insurance
- BNP Paribas Group: receipt of all regulatory approvals for the completion of the sale of Bank of the West to BMO Financial Group
- BNP Paribas SA: NOTIFICATION BY THE ECB OF THE 2022 SUPERVISORY REVIEW AND EVALUATION PROCESS (SREP)
- AQMetrics appoints former BNP Paribas Securities Services and Caceis exec Vincent Marc in Luxembourg
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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