BOLLORE

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	BOL
ISIN:	FR0000039299

BOLLORE - Daily - Technical analysis published on 11/19/2019 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Strongly bullish

Technical indicators

39%

22%

39%

My opinion

Bullish above 3.922 EUR

My targets

4.026 EUR (+1.36%)

4.166 EUR (+4.88%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on BOLLORE as long as the price remains well above 3.922 EUR. The buyers” bullish objective is set at 4.026 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 4.166 EUR. If there is any crossing, the next objective would be the resistance located at 4.236 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.

FORCE

6.3

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

Additional analysis

Quotes

BOLLORE rating 3.972 EUR. The price registered an increase of +0.61% on the session and was between 3.954 EUR and 4.000 EUR. This implies that the price is at +0.46% from its lowest and at -0.70% from its highest.

3.954

4.000

3.972

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of BOLLORE 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. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : Daily

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : Daily

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near support of channel

Type : Bullish

Timeframe : Daily

Horizontal support is broken

Type : Bearish

Timeframe : Daily

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	3.744	3.835	3.922	3.972	4.026	4.166	4.236
Change (%)	-5.74%	-3.45%	-1.26%	-	+1.36%	+4.88%	+6.65%
Change	-0.228	-0.137	-0.050	-	+0.054	+0.194	+0.264
Level	Major	Major	Major	-	Major	Minor	Minor

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	3.767	3.847	3.897	3.977	4.027	4.107	4.157
Camarilla	3.912	3.924	3.936	3.948	3.960	3.972	3.984
Woodie	3.753	3.840	3.883	3.970	4.013	4.100	4.143
Fibonacci	3.847	3.896	3.927	3.977	4.026	4.057	4.107

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3.915	3.957	4.001	4.043	4.087	4.129	4.173
Camarilla	4.020	4.028	4.036	4.044	4.052	4.060	4.068
Woodie	3.915	3.958	4.001	4.044	4.087	4.130	4.173
Fibonacci	3.957	3.990	4.011	4.043	4.076	4.097	4.129

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3.103	3.291	3.585	3.773	4.067	4.255	4.549
Camarilla	3.747	3.792	3.836	3.880	3.924	3.968	4.013
Woodie	3.157	3.318	3.639	3.800	4.121	4.282	4.603
Fibonacci	3.291	3.475	3.589	3.773	3.957	4.071	4.255

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):	55.22
MACD (12,26,9):	0.0550
Directional Movement:	7.641
AROON (14):	28.571
DEMA (21):	4.030
Parabolic SAR (0,02-0,02-0,2):	4.104
Elder Ray (13):	-0.006
Super Trend (3,10):	3.855
Zig ZAG (10):	3.982
VORTEX (21):	1.1540
Stochastique (14,3,5):	48.91
TEMA (21):	4.050
Williams %R (14):	-54.92
Chande Momentum Oscillator (20):	0.054
Repulse (5,40,3):	-1.2120
ROCnROLL:	-1
TRIX (15,9):	0.2510
Courbe Coppock:	5.41

MA7:	4.010
MA20:	3.968
MA50:	3.826
MA100:	3.849
MAexp7:	3.997
MAexp20:	3.954
MAexp50:	3.883
MAexp100:	3.863
Price / MA7:	-0.95%
Price / MA20:	+0.10%
Price / MA50:	+3.82%
Price / MA100:	+3.20%
Price / MAexp7:	-0.63%
Price / MAexp20:	+0.46%
Price / MAexp50:	+2.29%
Price / MAexp100:	+2.82%

News

The last news published on BOLLORE at the time of the generation of this analysis was as follows:

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

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