Logo image of BLV.PA

BELIEVE SA (BLV.PA) Stock Technical Analysis

EPA:BLV - Euronext Paris - Matif - FR0014003FE9 - Common Stock - Currency: EUR

15.42  -0.06 (-0.39%)

Technical Rating and Analysis

7

Taking everything into account, BLV scores 7 out of 10 in our technical rating. Although BLV is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

Warning: BLV has an average volume of 4196 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
BLV is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so BLV is performing more or less in line with the market.
When compared to the yearly performance of all other stocks, BLV outperforms 51% of them, which is more or less in line with the market.
BLV is an average performer in the Entertainment industry, it outperforms 62% of 46 stocks in the same industry.
In the last month BLV has a been trading in a tight range between 15.18 and 15.66.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
BELIEVE SA / BLV Weekly stock chart
BELIEVE SA / BLV Daily stock chart
Setup Rating and Analysis

7

BLV has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 15.41, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BLV in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

13.51

15.83

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 15.10 to 15.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 14.66 to 14.80. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A support zone ranging from 13.65 to 13.76. This zone is formed by a combination of multiple trend lines in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 15.43 to 15.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for BLV.PA is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for BLV.PA is up.
ChartMill Relative Strength51.34NEUTRALBLV.PA is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of BLV.PA is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of BLV.PA is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of BLV.PA is above the rising SMA(200).
Relative Strength Index/RSI (14)55.66NEUTRALThe RSI value for BLV.PA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.01POSITIVEThe MACD value suggests BLV.PA has a positive trend, although the MACD value is declining.
Stochastics (14,3)63.89NEUTRALThe Stochastics value for BLV.PA is a neutral value.
Average True Range in percent/ATR (20)0.91LOW VOLATILITYThe low ATR as a percentage value for BLV.PA suggests low volalility.
Average Directional Index/ADX (14)31.8POSITIVEThe high ADX value value for BLV.PA suggests a strong trend.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
15.6815.170.51 (3.25%)25.00%
An entry @15.68. This is a Buy Stop order right above the resistance zone.An exit @15.17. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.51 points, which is 3.25%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.81%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BELIEVE SA / BLV Daily stock chart

BELIEVE SA

EPA:BLV (5/29/2025, 7:00:00 PM)

15.42

-0.06 (-0.39%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg-0.39%
1 Week0.78%
2 Weeks0.92%
1 Month0.92%
3 Month1.85%
6 Month8.44%
12 Month1.85%
2 Year37.43%
3 Year57.19%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%0.91%
ATR Inc57.84%
Range Today0.22
ADR(20)0.12
ADR(20)%0.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.34
Mansfield0.1
10 Day High15.66
10 Day Low15.18
20 Day High15.66
20 Day Low15.18
52 Week High16
52 Week Low12.8
CS1 End15.41
CR1 Start15.43
Volume & EV
DER(3)3.5%
DER(5)2.33%
Volume829
Volume Incr12.2%
Vol(5)2.55K
Vol(50)4.20K