BOUYGUES - Daily - Technical analysis published on 06/21/2024 (GMT)
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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
0
10
5.9
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
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.
![Central Gaps Central Gaps](/medias/screeners/logo/CentralGaps.png)
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by BOUYGUES:
![Central Records Central Records](/medias/screeners/logo/CentralRecords.png)
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:
![Central Indicators Central Indicators](/medias/screeners/logo/CentralIndicators.png)
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
![Central Indicators Central Indicators](/medias/screeners/logo/CentralIndicators.png)
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:
![Central Candlesticks Central Candlesticks](/medias/screeners/logo/CentralCandlesticks.png)
Bearish harami
Type : Bearish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
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:
- Bouygues: Disclosure of trading in own shares
- 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: First-quarter 2024 results
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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