Beter Bed Holding NV (BBED.AS) Technical Analysis
AMS:BBED • NL0000339703
Current stock price
BBED.AS Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to BBED. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- Warning: BBED has an average volume of 15640 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- BBED is one of the better performing stocks in the Specialty Retail industry, it outperforms 96% of 57 stocks in the same industry.
- BBED is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so BBED is leading the market.
- When comparing the yearly performance of all stocks, we notice that BBED is one of the better performing stocks in the market, outperforming 98% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- In the last month BBED has a been trading in a tight range between 5.82 and 6.10.
- Considerably lower volume is observed in the last couple of days.
BBED.AS Weekly and Daily overview Charts
BBED.AS Setup Rating and Analysis
BBED has an average technical rating and the quality of the presented setup is also not ideal 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
BBED.AS Support and Resistance Analysis
3.01
3 important support areas can be observed.
- A support zone ranging from 5.86 to 5.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 5.73 to 5.75. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @3.04 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 6.01 to 6.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
BBED.AS 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 | UP | POSITIVE | The long term trend for BBED.AS is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BBED.AS is neutral. |
| ChartMill Relative Strength | 98.24 | POSITIVE | BBED.AS has a high relative strength, it outperformed 98.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BBED.AS is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BBED.AS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BBED.AS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.94 | NEUTRAL | The RSI value for BBED.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BBED.AS has a positive trend. |
| Stochastics (14,3) | 69.05 | NEUTRAL | The Stochastics value for BBED.AS is a neutral value. |
| Average True Range in percent/ATR (20) | 0.96 | LOW VOLATILITY | The low ATR as a percentage value for BBED.AS suggests low volalility. |
| Average Directional Index/ADX (14) | 23.58 | NEUTRAL | The ADX value for BBED.AS suggests a possible start of a new trend. |
BBED.AS Chart- and CandleStick Pattern Analysis
BBED.AS Technicals: Chart, Performance Metrics, Trend & Indicators
AMS:BBED (12/28/2023, 7:00:00 PM)
5.98
-0.02 (-0.33%)
Beter Bed Holding NV / BBED.AS TA FAQ
What is the technical rating for BBED stock?
ChartMill assigns a technical rating of 4 / 10 to BBED.AS.
What is the trend direction for BBED stock?
The current trend direction for Beter Bed Holding NV (BBED.AS) is Bullish.
What is the RSI signal for Beter Bed Holding NV (BBED.AS) stock?
Beter Bed Holding NV (BBED.AS) has an RSI value of 51.9397. This indicates that the stock is currently neutral.
Can you provide the MACD signal for Beter Bed Holding NV?
The MACD indicator for Beter Bed Holding NV (BBED.AS) has a value of 0.00968596, indicating a bearish trend.
What is the short term momentum for BBED stock?
The short term momentum for Beter Bed Holding NV (BBED.AS) is neutral.