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 09/05/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

89%

11%

My opinion

Bullish above 32.42 EUR

My targets

33.80 EUR (+3.43%)

34.31 EUR (+4.99%)

My analysis

The bullish trend is currently very strong on BOUYGUES. As long as the price remains above the support at 32.42 EUR, you could try to benefit from the boom. The first bullish objective is located at 33.80 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 34.31 EUR as an objective. Crossing it would then enable buyers to target 35.40 EUR. 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, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

8.6

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 32.68 EUR. The price has increased by +2.19% since the last closing and was between 31.95 EUR and 32.73 EUR. This implies that the price is at +2.28% from its lowest and at -0.15% from its highest.

31.95

32.73

32.68

Here is a more detailed summary of the historical variations registered by BOUYGUES:

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

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in 1H of this BOUYGUES chart shows a strongly bullish trend. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, according to the parameters integrated into the Central Analyzer system, 16 technical indicators out of 18 analysed 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

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour

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

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	31.69	32.10	32.42	32.68	32.81	33.80	34.31
Change (%)	-3.03%	-1.77%	-0.80%	-	+0.40%	+3.43%	+4.99%
Change	-0.99	-0.58	-0.26	-	+0.13	+1.12	+1.63
Level	Major	Minor	Intermediate	-	Intermediate	Intermediate	Minor

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	31.46	31.63	31.81	31.98	32.16	32.33	32.51
Camarilla	31.88	31.92	31.95	31.98	32.01	32.04	32.08
Woodie	31.46	31.63	31.81	31.98	32.16	32.33	32.51
Fibonacci	31.63	31.77	31.85	31.98	32.12	32.20	32.33

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	31.45	31.67	32.04	32.26	32.63	32.85	33.22
Camarilla	32.25	32.30	32.36	32.41	32.46	32.52	32.57
Woodie	31.53	31.71	32.12	32.30	32.71	32.89	33.30
Fibonacci	31.67	31.90	32.04	32.26	32.49	32.63	32.85

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	28.73	29.50	30.95	31.72	33.17	33.94	35.39
Camarilla	31.80	32.00	32.21	32.41	32.61	32.82	33.02
Woodie	29.08	29.67	31.30	31.89	33.52	34.11	35.74
Fibonacci	29.50	30.35	30.87	31.72	32.57	33.09	33.94

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):	70.11
MACD (12,26,9):	0.0800
Directional Movement:	18.33
AROON (14):	78.57
DEMA (21):	32.35
Parabolic SAR (0,02-0,02-0,2):	31.96
Elder Ray (13):	0.32
Super Trend (3,10):	32.24
Zig ZAG (10):	32.70
VORTEX (21):	1.0900
Stochastique (14,3,5):	96.17
TEMA (21):	32.45
Williams %R (14):	-3.26
Chande Momentum Oscillator (20):	0.81
Repulse (5,40,3):	1.0100
ROCnROLL:	1
TRIX (15,9):	-0.0100
Courbe Coppock:	1.63

MA7:	32.29
MA20:	31.83
MA50:	31.73
MA100:	32.99
MAexp7:	32.46
MAexp20:	32.29
MAexp50:	32.23
MAexp100:	32.11
Price / MA7:	+1.21%
Price / MA20:	+2.67%
Price / MA50:	+2.99%
Price / MA100:	-0.94%
Price / MAexp7:	+0.68%
Price / MAexp20:	+1.21%
Price / MAexp50:	+1.40%
Price / MAexp100:	+1.78%

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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