BOUYGUES

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	EN
ISIN:	FR0000120503

BOUYGUES - Daily - Technical analysis published on 08/25/2020 (GMT)

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Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Strongly bullish

Technical indicators

78%

22%

My opinion

Bullish above 30.71 EUR

My targets

36.28 EUR (+8.27%)

39.34 EUR (+17.40%)

My analysis

BOUYGUES 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 30.71 EUR. The next resistance located at 36.28 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 39.34 EUR. After this resistance, buyers could then target 41.20 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, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

8.6

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

Additional analysis

Quotes

BOUYGUES rating 33.51 EUR. The price registered an increase of +0.30% on the session with the lowest point at 33.38 EUR and the highest point at 33.84 EUR. The deviation from the price is +0.39% for the low point and -0.98% for the high point.

33.38

33.84

33.51

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Opening Gap UP

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:

Technical

Technical analysis of this Daily chart of BOUYGUES indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

MACD indicator: bullish divergence

Type : Bullish

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

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

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily

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

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Near resistance of triangle

Type : Bearish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	27.05	30.71	33.25	33.51	36.28	39.34	41.20
Change (%)	-19.28%	-8.36%	-0.78%	-	+8.27%	+17.40%	+22.95%
Change	-6.46	-2.80	-0.26	-	+2.77	+5.83	+7.69
Level	Minor	Major	Intermediate	-	Intermediate	Major	Intermediate

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	32.20	32.46	32.93	33.19	33.66	33.92	34.39
Camarilla	33.21	33.28	33.34	33.41	33.48	33.54	33.61
Woodie	32.32	32.51	33.05	33.24	33.78	33.97	34.51
Fibonacci	32.46	32.74	32.91	33.19	33.47	33.64	33.92

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	30.63	31.30	31.87	32.54	33.11	33.78	34.35
Camarilla	32.10	32.21	32.33	32.44	32.55	32.67	32.78
Woodie	30.58	31.28	31.82	32.52	33.06	33.76	34.30
Fibonacci	31.30	31.77	32.07	32.54	33.01	33.31	33.78

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	25.51	27.75	28.88	31.12	32.25	34.49	35.62
Camarilla	29.07	29.38	29.69	30.00	30.31	30.62	30.93
Woodie	24.95	27.47	28.32	30.84	31.69	34.21	35.06
Fibonacci	27.75	29.04	29.84	31.12	32.41	33.21	34.49

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):	61.62
MACD (12,26,9):	0.4800
Directional Movement:	11.25
AROON (14):	85.71
DEMA (21):	33.14
Parabolic SAR (0,02-0,02-0,2):	31.80
Elder Ray (13):	0.87
Super Trend (3,10):	31.43
Zig ZAG (10):	33.56
VORTEX (21):	1.0800
Stochastique (14,3,5):	76.35
TEMA (21):	33.13
Williams %R (14):	-12.93
Chande Momentum Oscillator (20):	1.74
Repulse (5,40,3):	1.9300
ROCnROLL:	1
TRIX (15,9):	0.1900
Courbe Coppock:	9.13

MA7:	32.88
MA20:	32.29
MA50:	31.53
MA100:	29.50
MAexp7:	32.97
MAexp20:	32.50
MAexp50:	31.56
MAexp100:	31.13
Price / MA7:	+1.92%
Price / MA20:	+3.78%
Price / MA50:	+6.28%
Price / MA100:	+13.59%
Price / MAexp7:	+1.64%
Price / MAexp20:	+3.11%
Price / MAexp50:	+6.18%
Price / MAexp100:	+7.65%

Quotes : 2020-08-25 13:12:53 - 15 min delayed data - Euronext Paris

News

Don"t forget to follow the news on BOUYGUES. At the time of publication of this analysis, the latest news was as follows:

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

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