BOUYGUES - 1H - Technical analysis published on 12/15/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 29.23 EUR
My targets
28.39 EUR (-2.07%)
27.66 EUR (-4.59%)
My analysis
BOUYGUES is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 29.23 EUR. The next support located at 28.39 EUR is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 27.66 EUR. Below this support, sellers could then target 26.07 EUR. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
7.1
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
BOUYGUES rating 28.99 EUR. The price is lower by -0.14% since the last closing and was traded between 28.90 EUR and 29.12 EUR over the period. The price is currently at +0.31% from its lowest and -0.45% from its highest.28.90
29.12
28.99
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 BOUYGUES:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of BOUYGUES in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near support of channel
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 27.66 | 28.39 | 28.93 | 28.99 | 29.23 | 29.92 | 30.42 |
| Change (%) | -4.59% | -2.07% | -0.21% | - | +0.83% | +3.21% | +4.93% |
| Change | -1.33 | -0.60 | -0.06 | - | +0.24 | +0.93 | +1.43 |
| Level | Intermediate | Minor | Intermediate | - | Major | Intermediate | Minor |
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 | 28.47 | 28.69 | 28.86 | 29.08 | 29.25 | 29.47 | 29.64 |
| Camarilla | 28.92 | 28.96 | 28.99 | 29.03 | 29.07 | 29.10 | 29.14 |
| Woodie | 28.45 | 28.68 | 28.84 | 29.07 | 29.23 | 29.46 | 29.62 |
| Fibonacci | 28.69 | 28.84 | 28.93 | 29.08 | 29.23 | 29.32 | 29.47 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 27.40 | 27.89 | 28.67 | 29.16 | 29.94 | 30.43 | 31.21 |
| Camarilla | 29.09 | 29.21 | 29.32 | 29.44 | 29.56 | 29.67 | 29.79 |
| Woodie | 27.54 | 27.96 | 28.81 | 29.23 | 30.08 | 30.50 | 31.35 |
| Fibonacci | 27.89 | 28.38 | 28.68 | 29.16 | 29.65 | 29.95 | 30.43 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 25.67 | 26.97 | 28.26 | 29.56 | 30.85 | 32.15 | 33.44 |
| Camarilla | 28.85 | 29.09 | 29.32 | 29.56 | 29.80 | 30.04 | 30.27 |
| Woodie | 25.68 | 26.97 | 28.27 | 29.56 | 30.86 | 32.15 | 33.45 |
| Fibonacci | 26.97 | 27.96 | 28.57 | 29.56 | 30.55 | 31.16 | 32.15 |
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): | 40.46 | |
| MACD (12,26,9): | -0.0700 | |
| Directional Movement: | -8.54 | |
| AROON (14): | -71.43 | |
| DEMA (21): | 29.01 | |
| Parabolic SAR (0,02-0,02-0,2): | 29.18 | |
| Elder Ray (13): | -0.07 | |
| Super Trend (3,10): | 29.30 | |
| Zig ZAG (10): | 28.98 | |
| VORTEX (21): | 0.9800 | |
| Stochastique (14,3,5): | 25.69 | |
| TEMA (21): | 28.98 | |
| Williams %R (14): | -80.00 | |
| Chande Momentum Oscillator (20): | -0.17 | |
| Repulse (5,40,3): | -0.0900 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0300 | |
| Courbe Coppock: | 1.54 |
| MA7: | 29.23 | |
| MA20: | 29.42 | |
| MA50: | 28.81 | |
| MA100: | 28.96 | |
| MAexp7: | 29.03 | |
| MAexp20: | 29.09 | |
| MAexp50: | 29.20 | |
| MAexp100: | 29.32 | |
| Price / MA7: | -0.82% | |
| Price / MA20: | -1.46% | |
| Price / MA50: | +0.62% | |
| Price / MA100: | +0.10% | |
| Price / MAexp7: | -0.14% | |
| Price / MAexp20: | -0.34% | |
| Price / MAexp50: | -0.72% | |
| Price / MAexp100: | -1.13% |
Quotes :
-
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:
- Bouygues: Disclosure of trading in own shares
- Bouygues: Nine-month 2022 results
- Bouygues: Monthly disclosure of the total number of shares and voting rights
- Bouygues successfully completes €2.25 billion bond issue
- Bouygues completes acquisition of Equans
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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