BOUYGUES SA (EN.PA)       30.275  +0.04 (+0.12%)

30.275  +0.04 (+0.12%)

FR0000120503 - Common Stock

Technical Rating

6

We assign a technical rating of 6 out of 10 to EN. EN has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.



The long and short term trends are both positive. This is looking good!
In the last month EN has a been trading in the 28.76 - 31.05 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
EN has an average volume of 1077120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, EN outperforms 51% of them, which is more or less in line with the market.
EN is an average performer in the Construction & Engineering industry, it outperforms 61% of 18 stocks in the same industry.
EN is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.

Statistics

1 Month 3 Months 6 Months 12 Months 5.73% 2.40% 2.54% -3.32% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 51.73 25.73 - 33.72
EN Weekly chart
EN Daily chart

Support/Resistance Analysis


25.81

33.18
3 important support areas can be observed.
  • A support zone ranging from 28.49 to 28.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @27.65 from a horizontal line in the daily time frame.
  • A support zone ranging from 26.07 to 26.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
  • A resistance zone ranging from 30.37 to 30.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @32.85 from a horizontal line in the weekly time frame.

Setup Analysis

Setup Rating

7

EN has only a medium technical rating, but it does show 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 30.37. Right above this resistance zone may be a good entry point.


Possible Trading Setup

Given the decent technical rating and the setup score, we can suggest the following trade.


ENTRYEXITDISTANCECAPITAL
30.9129.281.63 (5.27%)18.96%
An entry @30.91. This is a Buy Stop order right above the resistance zone.An exit @29.28. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 1.63 points, which is 5.27%.For a 1.00% total portfolio risk, you can invest 18.96% 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.
EN Daily chart

BOUYGUES SA30.275

EPA:EN (2/1/2023, 1:04:22 PM)+0.04 (+0.12%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector Industrials
GICS Industry Construction & Engineering

Performance
Today 0.12% 1 Week 0.37%
2 Weeks 0.5% 1 Month 5.73%
3 Month 2.4% 6 Month 2.54%

Volatility
ATR(14) 0.46 ATR(20)% 1.54%
ATR Inc -43.96% Range Today 0.23

Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)

Relative Strength & Ranges
CRS 51.73 Mansfield -0.03
10 Day High 30.47 10 Day Low 29.29
20 Day High 31.05 20 Day Low 28.76
52 Week High 33.72 52 Week Low 25.73
CS1 End 28.9 CR1 Start 30.37

Volume & EV
DER(3) -0.06% DER(5) 1.04%
Volume 81.64K Volume Incr -21.01%
Vol(5) 802.13K Vol(50) 1.08M

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