Believe SA (BLV.PA) Stock Technical Analysis
EPA:BLV • FR0014003FE9
Taking everything into account, BLV scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, BLV has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Warning: BLV has an average volume of 27632 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.
- When comparing the yearly performance of all stocks, we notice that BLV is one of the better performing stocks in the market, outperforming 84% of all stocks. We also observe that the gains produced by BLV over the past year are nicely spread over this period.
- BLV is part of the Entertainment industry. There are 45 other stocks in this industry. BLV outperforms 88% of them.
- BLV is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BLV is lagging the market slightly.
- In the last month BLV has a been trading in a tight range between 17.10 and 17.20.
- Volume is considerably higher in the last couple of days.
BLV has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 17.20. Right above this resistance zone may be a good entry point.
More info and screens
13.62
5 important support areas can be observed.
- A support zone ranging from 17.08 to 17.17. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @15.95 from a trend line in the daily time frame.
- A support zone ranging from 15.08 to 15.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 14.80 to 14.80. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @13.76 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 17.20 to 17.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for BLV.PA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BLV.PA is up. |
| ChartMill Relative Strength | 84.11 | POSITIVE | BLV.PA has a high relative strength, it outperformed 84.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BLV.PA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BLV.PA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BLV.PA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 78.73 | OVERBOUGHT | The high RSI value suggests BLV.PA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests BLV.PA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 100 | OVERBOUGHT | The high Stochastics value suggests BLV.PA may be overbought. |
| Average True Range in percent/ATR (20) | 0.09 | LOW VOLATILITY | The low ATR as a percentage value for BLV.PA suggests low volalility. |
| Average Directional Index/ADX (14) | 80.13 | POSITIVE | The high ADX value value for BLV.PA suggests a strong trend. |
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 17.22 | 17.19 | 0.03 (0.17%) | 25.00% |
| An entry @17.22. This is a Buy Stop order right above the resistance zone. | An exit @17.19. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.03 points, which is 0.17%. | For a 0.04% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
EPA:BLV (7/21/2025, 7:00:00 PM)
17.2
0 (0%)
Believe SA / BLV.PA FAQ
What is the technical rating for BLV stock?
ChartMill assigns a technical rating of 10 / 10 to BLV.PA.
What is the trend direction for BLV stock?
The current trend direction for Believe SA (BLV.PA) is Bullish.
What is the RSI signal for BLV stock?
Believe SA (BLV.PA) has an RSI value of 78.7261. This indicates that the stock is currently overbought.
What is the short term momentum for BLV stock?
The short term momentum for Believe SA (BLV.PA) is positive.
What is the support and resistance level for BLV stock?
Believe SA (BLV.PA) has a support level at 17.17 and a resistance level at 17.2. Check the full technical report for our detailed analysis of BLV.PA support and resistance levels.