Beter Bed Holding NV (BBED.AS) Stock Technical Analysis
Europe - AMS:BBED - NL0000339703 - Common Stock
5.98 EUR
-0.02 (-0.33%)
Taking everything into account, BBED scores 5 out of 10 in our technical rating. In the last year, BBED was one of the better performers, but we do observe some doubts in the very recent evolution.
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 gets the benefit of the doubt for now.
BBED is part of the Specialty Retail industry. There are 47 other stocks in this industry. BBED outperforms 93% of them.
BBED is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with 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 has an average technical rating and also the quality of the setup is only medium 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
3.01
6.16
When analyzing the support we can see 3 important areas.
- 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.
When analyzing the resistance we notice one important 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.
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. |
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)
AMS:BBED (12/28/2023, 7:00:00 PM)
5.98
-0.02 (-0.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-0.33%
1 Week0.17%
2 Weeks2.05%
1 Month-1.32%
3 Month4%
6 Month104.1%
12 Month111.31%
2 Year18.89%
3 Year39.07%
5 Year66.11%
10 Year-66.03%
15 Year-29.73%
Volatility
ATR(14)0.06
ATR(20)%0.96%
ATR Inc187.18%
Range Today0.15
ADR(20)0.05
ADR(20)%0.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.24
Mansfield2.25
10 Day High6.1
10 Day Low5.83
20 Day High6.1
20 Day Low5.82
52 Week High6.1
52 Week Low2.84
CS1 End5.96
CR1 Start6.01
Volume & EV
DER(3)0.01%
DER(5)0.01%
Volume9.81K
Volume Incr-16.62%
Vol(5)9.17K
Vol(50)15.64K