BNP PARIBAS ACT.A - 1H - Technical analysis published on 07/21/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
33%
22%
44%
My opinion
Bullish above 57.70 EUR
My targets
59.06 EUR (+1.77%)
61.84 EUR (+6.57%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on BNP PARIBAS ACT.A as long as the price remains well above 57.70 EUR. The buyers' bullish objective is set at 59.06 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 61.84 EUR. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
4.6
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BNP PARIBAS ACT.A price is 58.03 EUR. The price registered a decrease of -0.03% on the session with the lowest point at 57.62 EUR and the highest point at 58.47 EUR. The deviation from the price is +0.71% for the low point and -0.75% for the high point.57.62
58.47
58.03
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by BNP PARIBAS ACT.A:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of BNP PARIBAS ACT.A in 1H shows a strongly overall bullish trend. 82.14% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 8 are neutral and 4 are bearish. The Central Indicators scanner found this result concerning these indicators:
Pivot points : price is over resistance 1
Type : Neutral
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 support of channel
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 55.29 | 55.89 | 57.70 | 58.03 | 58.32 | 59.06 | 61.84 |
| Change (%) | -4.72% | -3.69% | -0.57% | - | +0.50% | +1.77% | +6.57% |
| Change | -2.74 | -2.14 | -0.33 | - | +0.29 | +1.03 | +3.81 |
| Level | Minor | Minor | Intermediate | - | Major | 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 | 57.05 | 57.44 | 57.75 | 58.14 | 58.45 | 58.84 | 59.15 |
| Camarilla | 57.86 | 57.92 | 57.99 | 58.05 | 58.11 | 58.18 | 58.24 |
| Woodie | 57.00 | 57.42 | 57.70 | 58.12 | 58.40 | 58.82 | 59.10 |
| Fibonacci | 57.44 | 57.71 | 57.88 | 58.14 | 58.41 | 58.58 | 58.84 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 52.65 | 53.72 | 55.18 | 56.25 | 57.71 | 58.78 | 60.24 |
| Camarilla | 55.95 | 56.19 | 56.42 | 56.65 | 56.88 | 57.11 | 57.35 |
| Woodie | 52.86 | 53.82 | 55.39 | 56.35 | 57.92 | 58.88 | 60.45 |
| Fibonacci | 53.72 | 54.68 | 55.28 | 56.25 | 57.21 | 57.81 | 58.78 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 50.18 | 51.94 | 54.83 | 56.59 | 59.48 | 61.24 | 64.13 |
| Camarilla | 56.44 | 56.87 | 57.29 | 57.72 | 58.15 | 58.57 | 59.00 |
| Woodie | 50.75 | 52.22 | 55.40 | 56.87 | 60.05 | 61.52 | 64.70 |
| Fibonacci | 51.94 | 53.72 | 54.81 | 56.59 | 58.37 | 59.46 | 61.24 |
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): | 54.26 | |
| MACD (12,26,9): | 0.1700 | |
| Directional Movement: | 16.35 | |
| AROON (14): | -71.43 | |
| DEMA (21): | 58.21 | |
| Parabolic SAR (0,02-0,02-0,2): | 58.44 | |
| Elder Ray (13): | 0 | |
| Super Trend (3,10): | 57.27 | |
| Zig ZAG (10): | 58.04 | |
| VORTEX (21): | 1.0300 | |
| Stochastique (14,3,5): | 50.36 | |
| TEMA (21): | 58.14 | |
| Williams %R (14): | -54.35 | |
| Chande Momentum Oscillator (20): | -0.23 | |
| Repulse (5,40,3): | 0.0700 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0600 | |
| Courbe Coppock: | 0.15 |
| MA7: | 57.43 | |
| MA20: | 56.75 | |
| MA50: | 56.34 | |
| MA100: | 55.00 | |
| MAexp7: | 58.05 | |
| MAexp20: | 57.94 | |
| MAexp50: | 57.53 | |
| MAexp100: | 57.15 | |
| Price / MA7: | +1.04% | |
| Price / MA20: | +2.26% | |
| Price / MA50: | +3.00% | |
| Price / MA100: | +5.51% | |
| Price / MAexp7: | -0.03% | |
| Price / MAexp20: | +0.16% | |
| Price / MAexp50: | +0.87% | |
| Price / MAexp100: | +1.54% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
The latest news and videos published on BNP PARIBAS ACT.A at the time of the analysis were as follows:
- BNP PARIBAS group: Share buyback - declaration of transactions in own shares from 3 July to 7 July 2023
- BNP PARIBAS group: Share buyback - declaration of transactions in own shares from 26 June to 30 June 2023
- BNP PARIBAS GROUP: Share buyback - declaration of transactions in own shares from 19 to 23 June 2023
- BNP PARIBAS GROUP: Share buyback - declaration of transactions in own shares from 12 to 16 June 2023
- BNP PARIBAS GROUP: Share buyback - declaration of transactions in own shares from 5 to 9 June 2023
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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