Believe SA (BLV.PA) Stock Technical Analysis
Europe - Euronext Paris - EPA:BLV - FR0014003FE9 - Common Stock
We assign a technical rating of 10 out of 10 to BLV. 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.
Besides having an excellent technical rating, BLV 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
We found 5 important support areas.
- 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.
We found 1 important resistance 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.
Can you provide the trend direction for Believe SA?
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 MACD signal for BLV stock?
The MACD indicator for Believe SA (BLV.PA) has a value of -0.0514653, indicating a bearish trend.
What is the buy/sell signal for Believe SA (BLV.PA) stock?
The buy/sell signal for Believe SA (BLV.PA) is buy as both the short term and long term trends are positive.