BOUYGUES - 1H - Technical analysis published on 07/10/2024 (GMT)
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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%
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
0
10
7
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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.
![Central Gaps Central Gaps](/medias/screeners/logo/CentralGaps.png)
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:
![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 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:
![Central Indicators Central Indicators](/medias/screeners/logo/CentralIndicators.png)
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
![Central Indicators Central Indicators](/medias/screeners/logo/CentralIndicators.png)
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
S3
S2
S1
R1
R2
R3
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:
- Bouygues: Monthly disclosure of the total number of shares and voting rights
- 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
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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