BANCA GENERALI

- EUR (-)

- 15 min delayed data - Italy Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	BGN
ISIN:	IT0001031084

BANCA GENERALI - Daily - Technical analysis published on 06/23/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

17%

28%

56%

My opinion

Bullish above 29.35 EUR

My targets

31.61 EUR (+3.33%)

33.47 EUR (+9.41%)

My analysis

In the short term, there could be an acceleration of the basic bullish trend on BANCA GENERALI. This is a positive signal for buyers. As long as the price remains above 29.35 EUR, a purchase could be considered. The first bullish objective is located at 31.61 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 33.47 EUR as an objective. Crossing it would then enable buyers to target 38.42 EUR. In the event of a return below 29.35 EUR, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.

Force

4.3

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.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The BANCA GENERALI rating is 30.59 EUR. The price registered a decrease of -0.16% on the session with the lowest point at 30.28 EUR and the highest point at 30.62 EUR. The deviation from the price is +1.02% for the low point and -0.10% for the high point.

30.28

30.62

30.59

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 an item:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of BANCA GENERALI indicates that the overall trend is bullish. The signals returned by the moving averages are 78.57% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:

Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : Daily

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

Momentum indicator is back under 0

Type : Bearish

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near horizontal support

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	27.10	29.35	30.52	30.59	31.61	33.47	38.42
Change (%)	-11.41%	-4.05%	-0.23%	-	+3.33%	+9.41%	+25.60%
Change	-3.49	-1.24	-0.07	-	+1.02	+2.88	+7.83
Level	Major	Major	Major	-	Minor	Major	Major

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	29.68	30.02	30.33	30.67	30.98	31.32	31.63
Camarilla	30.46	30.52	30.58	30.64	30.70	30.76	30.82
Woodie	29.67	30.01	30.32	30.66	30.97	31.31	31.62
Fibonacci	30.02	30.27	30.42	30.67	30.92	31.07	31.32

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	29.97	30.29	30.75	31.07	31.53	31.85	32.31
Camarilla	30.99	31.06	31.13	31.20	31.27	31.34	31.42
Woodie	30.03	30.33	30.81	31.11	31.59	31.89	32.37
Fibonacci	30.29	30.59	30.78	31.07	31.37	31.56	31.85

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	25.66	26.92	27.86	29.12	30.06	31.32	32.26
Camarilla	28.20	28.40	28.60	28.80	29.00	29.20	29.41
Woodie	25.50	26.84	27.70	29.04	29.90	31.24	32.10
Fibonacci	26.92	27.76	28.28	29.12	29.96	30.48	31.32

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	53.25
MACD (12,26,9):	0.3400
Directional Movement:	-3.40
AROON (14):	57.15
DEMA (21):	30.99
Parabolic SAR (0,02-0,02-0,2):	31.38
Elder Ray (13):	-0.25
Super Trend (3,10):	29.73
Zig ZAG (10):	30.54
VORTEX (21):	1.0900
Stochastique (14,3,5):	60.57
TEMA (21):	31.08
Williams %R (14):	-48.63
Chande Momentum Oscillator (20):	-0.14
Repulse (5,40,3):	0.2300
ROCnROLL:	-1
TRIX (15,9):	0.1900
Courbe Coppock:	7.19

MA7:	30.92
MA20:	30.44
MA50:	29.77
MA100:	30.06
MAexp7:	30.78
MAexp20:	30.52
MAexp50:	30.08
MAexp100:	29.98
Price / MA7:	-1.07%
Price / MA20:	+0.49%
Price / MA50:	+2.75%
Price / MA100:	+1.76%
Price / MAexp7:	-0.62%
Price / MAexp20:	+0.23%
Price / MAexp50:	+1.70%
Price / MAexp100:	+2.03%

Quotes : - 15 min delayed data - Italy Stocks

News

The last news published on BANCA GENERALI at the time of the generation of this analysis was as follows:

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

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