BAR Technical Analysis - BARCO N.V.

Technical Rating and Analysis

Overall BAR gets a technical rating of 1 out of 10. BAR 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.

In the last month BAR has a been trading in the 12.33 - 14.37 range, which is quite wide. It is currently trading near the lows of this range.

The long term trend is neutral, but the short term trend is negative. Better to stay away from this!

When compared to the yearly performance of all other stocks, BAR outperforms 52% of them, which is more or less in line with the market.

BAR is part of the Electronic Equipment, Instruments & Components industry. There are 55 other stocks in this industry, BAR did better than 57% of them.

BAR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BAR is lagging the market.

Volume is considerably higher in the last couple of days.

More info and screens

Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

Show peers with best TA rating

Weekly and Daily overview Charts

Setup Rating and Analysis

The technical rating of BAR is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

More info and screens

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

12.69

14.65

We found 1 important support area.

A support zone ranging from 12.82 to 12.97. 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 13.72 to 14.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A resistance zone ranging from 14.49 to 14.50. This zone is formed by a combination of multiple trend lines in the daily time frame.

More info

What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

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.

Indicator	Value	Signal	Comment
ChartMill Long Term Trend Indicator	NEUTRAL	NEUTRAL	The long term trend for BAR.BR is neutral.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for BAR.BR is down.
ChartMill Relative Strength	52.72	NEUTRAL	BAR.BR is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of BAR.BR is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of BAR.BR is below a declining SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of BAR.BR is above the rising SMA(200).
Relative Strength Index/RSI (14)	36.13	NEUTRAL	The RSI value for BAR.BR is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.06	NEGATIVE	The MACD value suggests BAR.BR has a negative trend, although the MACD value is rising.
Stochastics (14,3)	42.37	NEUTRAL	The Stochastics value for BAR.BR is a neutral value.
Average True Range in percent/ATR (20)	2.44	MEDIUM VOLATILITY	The ATR as a percentage value for BAR.BR suggests some volalility.
Average Directional Index/ADX (14)	21.18	NEUTRAL	The ADX value for BAR.BR suggests a possible start of a new trend.