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 07/10/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Bullish

Underlying: Strongly bullish

Technical indicators

67%

17%

My opinion

Bullish above 31.51 EUR

My targets

33.03 EUR (+4.29%)

33.70 EUR (+6.41%)

My analysis

The basic bullish trend is very strong on BOUYGUES but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 31.51 EUR. Crossing the first resistance at 33.03 EUR would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 33.70 EUR as an objective. Crossing it would then enable buyers to target 34.31 EUR. Caution, a return to below 31.51 EUR would be a sign of a consolidation phase in the short-term basic trend. 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

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

The BOUYGUES rating is 31.67 EUR. The price registered an increase of +1.77% on the session with the lowest point at 31.24 EUR and the highest point at 31.82 EUR. The deviation from the price is +1.38% for the low point and -0.47% for the high point.

31.24

31.82

31.67

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

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 1H shows a strongly overall bullish trend. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators shows a moderate bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

Aroon indicator bullish trend

Type : Bullish

Timeframe : 1 hour

Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	30.45	31.01	31.51	31.67	31.82	33.03	33.70
Change (%)	-3.85%	-2.08%	-0.51%	-	+0.47%	+4.29%	+6.41%
Change	-1.22	-0.66	-0.16	-	+0.15	+1.36	+2.03
Level	Intermediate	Minor	Major	-	Intermediate	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	30.00	30.48	30.80	31.28	31.60	32.08	32.40
Camarilla	30.90	30.97	31.05	31.12	31.19	31.27	31.34
Woodie	29.92	30.44	30.72	31.24	31.52	32.04	32.32
Fibonacci	30.48	30.79	30.97	31.28	31.59	31.77	32.08

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	28.99	29.60	30.55	31.16	32.11	32.72	33.67
Camarilla	31.08	31.22	31.37	31.51	31.65	31.80	31.94
Woodie	29.17	29.69	30.73	31.25	32.29	32.81	33.85
Fibonacci	29.60	30.19	30.56	31.16	31.75	32.12	32.72

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	21.11	25.46	27.72	32.07	34.33	38.68	40.94
Camarilla	28.15	28.76	29.36	29.97	30.58	31.18	31.79
Woodie	20.06	24.94	26.67	31.55	33.28	38.16	39.89
Fibonacci	25.46	27.99	29.55	32.07	34.60	36.16	38.68

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):	55.36
MACD (12,26,9):	0.0300
Directional Movement:	4.20
AROON (14):	42.86
DEMA (21):	31.57
Parabolic SAR (0,02-0,02-0,2):	30.99
Elder Ray (13):	0.19
Super Trend (3,10):	31.15
Zig ZAG (10):	31.68
VORTEX (21):	0.8700
Stochastique (14,3,5):	89.44
TEMA (21):	31.51
Williams %R (14):	-16.28
Chande Momentum Oscillator (20):	-0.05
Repulse (5,40,3):	-0.0300
ROCnROLL:	1
TRIX (15,9):	0.0000
Courbe Coppock:	1.42

MA7:	31.30
MA20:	31.09
MA50:	33.65
MA100:	34.13
MAexp7:	31.58
MAexp20:	31.53
MAexp50:	31.39
MAexp100:	31.36
Price / MA7:	+1.18%
Price / MA20:	+1.87%
Price / MA50:	-5.88%
Price / MA100:	-7.21%
Price / MAexp7:	+0.28%
Price / MAexp20:	+0.44%
Price / MAexp50:	+0.89%
Price / MAexp100:	+0.99%

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.

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