Logo image of BLV.PA

BELIEVE SA (BLV.PA) Stock Technical Analysis

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

14.28  -0.02 (-0.14%)

Technical Rating and Analysis

2

Taking everything into account, BLV scores 2 out of 10 in our technical rating. BLV has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
Warning: BLV has an average volume of 4501 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
BLV is part of the Entertainment industry. There are 44 other stocks in this industry. BLV outperforms 76% of them.
In the last month BLV has a been trading in the 13.00 - 14.38 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
When compared to the yearly performance of all other stocks, BLV outperforms 55% of them, which is more or less in line with the market.
BLV is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BLV is lagging the market.
Weekly and Daily overview Charts
BELIEVE SA / BLV Weekly stock chart
BELIEVE SA / BLV Daily stock chart
Setup Rating and Analysis

9

BLV has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 14.34. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 14.28, 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. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • 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

13.46

15.32

We found 2 important support areas.

  • A support zone ranging from 14.12 to 14.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 13.60 to 13.76. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 14.34 to 14.40. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Resistance @14.70 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 15.00 to 15.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.83
Mansfield-1.15
10 Day High14.3
10 Day Low13.76
20 Day High14.38
20 Day Low13
52 Week High16.92
52 Week Low12.8
Performance
1 Week0.85%
2 Weeks2%
1 Month4.23%
3 Month0.56%
6 Month0.56%
12 Month15.16%
2 Year22.79%
3 Year10.7%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.04
RSI(14)53.03
LBB13.88
UBB14.4
BELIEVE SA / BLV Daily stock chart

BELIEVE SA

EPA:BLV (2/4/2025, 7:00:00 PM)

14.28

-0.02 (-0.14%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg-0.14%
1 Week0.85%
2 Weeks2%
1 Month4.23%
3 Month0.56%
6 Month0.56%
12 Month15.16%
2 Year22.79%
3 Year10.7%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%2.51%
ATR Inc-22.22%
Range Today0.24
ADR(20)0.35
ADR(20)%2.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.83
Mansfield-1.15
10 Day High14.3
10 Day Low13.76
20 Day High14.38
20 Day Low13
52 Week High16.92
52 Week Low12.8
CS1 End14.28
CR1 Start14.34
Volume & EV
DER(3)0%
DER(5)5.04%
Volume182
Volume Incr-91.8%
Vol(5)529.2
Vol(50)4.50K