BOUYGUES

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	EN
ISIN:	FR0000120503

BOUYGUES - 1H - Technical analysis published on 09/14/2023 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

78%

17%

My opinion

Bullish above 32.13 EUR

My targets

33.24 EUR (+2.43%)

My analysis

The bullish trend is currently very strong on BOUYGUES. As long as the price remains above the support at 32.13 EUR, you could try to benefit from the boom. The first bullish objective is located at 33.24 EUR. The bullish momentum would be boosted by a break in this resistance. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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

8.4

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

Additional analysis

Quotes

The BOUYGUES price is 32.45 EUR. The price has increased by +1.06% since the last closing and was traded between 32.40 EUR and 32.69 EUR over the period. The price is currently at +0.15% from its lowest and -0.73% from its highest.

32.40

32.69

32.45

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Opening Gap UP

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of BOUYGUES indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 14 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

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

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	31.87	32.13	32.41	32.45	33.24
Change (%)	-1.79%	-0.99%	-0.12%	-	+2.43%
Change	-0.58	-0.32	-0.04	-	+0.79
Level	Intermediate	Intermediate	Intermediate	-	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	31.31	31.59	31.85	32.13	32.39	32.67	32.93
Camarilla	31.96	32.01	32.06	32.11	32.16	32.21	32.26
Woodie	31.30	31.59	31.84	32.13	32.38	32.67	32.92
Fibonacci	31.59	31.80	31.92	32.13	32.34	32.46	32.67

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	30.21	30.61	31.18	31.58	32.15	32.55	33.12
Camarilla	31.49	31.58	31.67	31.76	31.85	31.94	32.03
Woodie	30.31	30.65	31.28	31.62	32.25	32.59	33.22
Fibonacci	30.61	30.98	31.21	31.58	31.95	32.18	32.55

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	28.89	29.82	30.86	31.79	32.83	33.76	34.80
Camarilla	31.36	31.54	31.72	31.90	32.08	32.26	32.44
Woodie	28.95	29.85	30.92	31.82	32.89	33.79	34.86
Fibonacci	29.82	30.57	31.04	31.79	32.54	33.01	33.76

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):	67.33
MACD (12,26,9):	0.1200
Directional Movement:	32.65
AROON (14):	35.72
DEMA (21):	32.30
Parabolic SAR (0,02-0,02-0,2):	31.89
Elder Ray (13):	0.36
Super Trend (3,10):	32.11
Zig ZAG (10):	32.53
VORTEX (21):	1.0800
Stochastique (14,3,5):	68.88
TEMA (21):	32.31
Williams %R (14):	-23.17
Chande Momentum Oscillator (20):	0.27
Repulse (5,40,3):	0.0000
ROCnROLL:	1
TRIX (15,9):	0.0400
Courbe Coppock:	0.20

MA7:	31.96
MA20:	31.65
MA50:	31.54
MA100:	31.05
MAexp7:	32.28
MAexp20:	32.16
MAexp50:	31.96
MAexp100:	31.82
Price / MA7:	+1.53%
Price / MA20:	+2.53%
Price / MA50:	+2.89%
Price / MA100:	+4.51%
Price / MAexp7:	+0.53%
Price / MAexp20:	+0.90%
Price / MAexp50:	+1.53%
Price / MAexp100:	+1.98%

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:

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

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