BOUYGUES - Daily - Technical analysis published on 09/13/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 29.58 EUR
My targets
30.95 EUR (+1.51%)
32.24 EUR (+5.74%)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on BOUYGUES as long as the price remains well above 29.58 EUR. The buyers' bullish objective is set at 30.95 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 32.24 EUR. If there is any crossing, the next objective would be the resistance located at 32.76 EUR. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
5.2
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Additional analysis
Quotes
The BOUYGUES rating is 30.49 EUR. The price is lower by -0.07% since the last closing and was between 30.43 EUR and 30.87 EUR. This implies that the price is at +0.20% from its lowest and at -1.23% from its highest.30.43
30.87
30.49
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
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of BOUYGUES indicates that the overall trend is bullish. 64.29% of the signals given by moving averages are bullish. The overall trend seems to be showing some signs of weakness, as do the tentative bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish trend reversal : adaptative moving average 100
Type : Bullish
Timeframe : Daily
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
RSI indicator: bearish divergence
Type : Bearish
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
Resistance of channel is broken
Type : Bullish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 28.67 | 29.58 | 30.29 | 30.49 | 30.95 | 32.24 | 32.76 |
Change (%) | -5.97% | -2.98% | -0.66% | - | +1.51% | +5.74% | +7.45% |
Change | -1.82 | -0.91 | -0.20 | - | +0.46 | +1.75 | +2.27 |
Level | Intermediate | Major | Minor | - | Major | Intermediate | 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 | 29.27 | 29.54 | 30.02 | 30.29 | 30.77 | 31.04 | 31.52 |
Camarilla | 30.30 | 30.37 | 30.44 | 30.51 | 30.58 | 30.65 | 30.72 |
Woodie | 29.39 | 29.59 | 30.14 | 30.34 | 30.89 | 31.09 | 31.64 |
Fibonacci | 29.54 | 29.82 | 30.00 | 30.29 | 30.57 | 30.75 | 31.04 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 27.67 | 28.18 | 28.96 | 29.47 | 30.25 | 30.76 | 31.54 |
Camarilla | 29.39 | 29.50 | 29.62 | 29.74 | 29.86 | 29.98 | 30.10 |
Woodie | 27.81 | 28.25 | 29.10 | 29.54 | 30.39 | 30.83 | 31.68 |
Fibonacci | 28.18 | 28.67 | 28.98 | 29.47 | 29.96 | 30.27 | 30.76 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 26.15 | 27.43 | 28.37 | 29.65 | 30.59 | 31.87 | 32.81 |
Camarilla | 28.69 | 28.89 | 29.10 | 29.30 | 29.50 | 29.71 | 29.91 |
Woodie | 25.97 | 27.35 | 28.19 | 29.57 | 30.41 | 31.79 | 32.63 |
Fibonacci | 27.43 | 28.28 | 28.81 | 29.65 | 30.50 | 31.03 | 31.87 |
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): | 59.99 | |
MACD (12,26,9): | 0.0800 | |
Directional Movement: | 7.47 | |
AROON (14): | 42.86 | |
DEMA (21): | 29.87 | |
Parabolic SAR (0,02-0,02-0,2): | 29.01 | |
Elder Ray (13): | 0.82 | |
Super Trend (3,10): | 28.98 | |
Zig ZAG (10): | 30.45 | |
VORTEX (21): | 0.9400 | |
Stochastique (14,3,5): | 84.83 | |
TEMA (21): | 29.93 | |
Williams %R (14): | -17.43 | |
Chande Momentum Oscillator (20): | 1.27 | |
Repulse (5,40,3): | 1.6600 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.0100 | |
Courbe Coppock: | 0.90 |
MA7: | 29.81 | |
MA20: | 29.79 | |
MA50: | 29.38 | |
MA100: | 30.24 | |
MAexp7: | 29.97 | |
MAexp20: | 29.79 | |
MAexp50: | 29.78 | |
MAexp100: | 29.96 | |
Price / MA7: | +2.28% | |
Price / MA20: | +2.35% | |
Price / MA50: | +3.78% | |
Price / MA100: | +0.83% | |
Price / MAexp7: | +1.74% | |
Price / MAexp20: | +2.35% | |
Price / MAexp50: | +2.38% | |
Price / MAexp100: | +1.77% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
The latest news and videos published on BOUYGUES at the time of the analysis were as follows:
- Bouygues: Monthly Disclosure of the Total Number of Shares and Voting Rights
- Bouygues: Disclosure of trading in own shares
- Bouygues: Disclosure of trading in own shares
- Bouygues: liquidity contract
- Bouygues: Monthly disclosure of the total number of shares and voting rights
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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