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 06/21/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

28%

44%

28%

My opinion

Bearish under 32.17 EUR

My targets

30.19 EUR (-4.07%)

29.39 EUR (-6.61%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on BOUYGUES as long as the price remains well below 32.17 EUR. The sellers' bearish objective is set at 30.19 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 29.39 EUR. In case of crossing, the next objective would be the support located at 27.65 EUR. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

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

Force

5.9

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.

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Additional analysis

Quotes

BOUYGUES rating 31.47 EUR. The price is lower by -0.22% since the last closing and was between 31.17 EUR and 31.65 EUR. This implies that the price is at +0.96% from its lowest and at -0.57% from its highest.

31.17

31.65

31.47

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:

The Central Records scanner for higher/lower results shows the following items:

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of BOUYGUES in Daily shows a overall strongly bearish trend. 85.71% 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 market scanner currently does not detect any result that concerns moving averages.

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:

Bearish harami

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	27.65	29.39	30.19	31.47	31.51	32.17	33.03
Change (%)	-12.14%	-6.61%	-4.07%	-	+0.13%	+2.22%	+4.96%
Change	-3.82	-2.08	-1.28	-	+0.04	+0.70	+1.56
Level	Intermediate	Major	Intermediate	-	Major	Minor	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	30.71	30.92	31.23	31.44	31.75	31.96	32.27
Camarilla	31.40	31.45	31.49	31.54	31.59	31.64	31.68
Woodie	30.76	30.95	31.28	31.47	31.80	31.99	32.32
Fibonacci	30.92	31.12	31.24	31.44	31.64	31.76	31.96

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	25.67	28.05	29.43	31.81	33.19	35.57	36.95
Camarilla	29.77	30.11	30.46	30.80	31.15	31.49	31.83
Woodie	25.16	27.80	28.92	31.56	32.68	35.32	36.44
Fibonacci	28.05	29.49	30.38	31.81	33.25	34.14	35.57

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	31.16	32.34	34.17	35.35	37.18	38.36	40.19
Camarilla	35.17	35.45	35.72	36.00	36.28	36.55	36.83
Woodie	31.49	32.50	34.50	35.51	37.51	38.52	40.52
Fibonacci	32.34	33.49	34.20	35.35	36.50	37.21	38.36

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	31.17
MACD (12,26,9):	-1.1500
Directional Movement:	-28.82
AROON (14):	-64.29
DEMA (21):	31.68
Parabolic SAR (0,02-0,02-0,2):	32.98
Elder Ray (13):	-0.95
Super Trend (3,10):	33.06
Zig ZAG (10):	31.43
VORTEX (21):	0.7100
Stochastique (14,3,5):	14.98
TEMA (21):	30.78
Williams %R (14):	-83.28
Chande Momentum Oscillator (20):	-4.17
Repulse (5,40,3):	-0.3100
ROCnROLL:	2
TRIX (15,9):	-0.3500
Courbe Coppock:	24.70

MA7:	31.22
MA20:	33.69
MA50:	34.51
MA100:	34.24
MAexp7:	31.64
MAexp20:	33.02
MAexp50:	34.03
MAexp100:	34.00
Price / MA7:	+0.80%
Price / MA20:	-6.59%
Price / MA50:	-8.81%
Price / MA100:	-8.09%
Price / MAexp7:	-0.54%
Price / MAexp20:	-4.69%
Price / MAexp50:	-7.52%
Price / MAexp100:	-7.44%

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:

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

About author

Londinia AI

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