BANCA GENERALI
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)

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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
0
10
4.3

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:
15 min. 1H Weekly

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:

Central Records

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:

Central Indicators

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:

Central Indicators

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:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : Daily



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
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
Standard29.6830.0230.3330.6730.9831.3231.63
Camarilla30.4630.5230.5830.6430.7030.7630.82
Woodie29.6730.0130.3230.6630.9731.3131.62
Fibonacci30.0230.2730.4230.6730.9231.0731.32


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard29.9730.2930.7531.0731.5331.8532.31
Camarilla30.9931.0631.1331.2031.2731.3431.42
Woodie30.0330.3330.8131.1131.5931.8932.37
Fibonacci30.2930.5930.7831.0731.3731.5631.85


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard25.6626.9227.8629.1230.0631.3232.26
Camarilla28.2028.4028.6028.8029.0029.2029.41
Woodie25.5026.8427.7029.0429.9031.2432.10
Fibonacci26.9227.7628.2829.1229.9630.4831.32

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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