Beter Bed Holding NV (BBED.AS) Stock Technical Analysis
Europe - Euronext Amsterdam - AMS:BBED - NL0000339703 - Common Stock
Overall BBED gets a technical rating of 5 out of 10. 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.
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
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. |
AMS:BBED (12/28/2023, 7:00:00 PM)
5.98
-0.02 (-0.33%)
Beter Bed Holding NV / BBED.AS FAQ
What is the technical rating for BBED stock?
ChartMill assigns a technical rating of 4 / 10 to BBED.AS.
Can you provide the trend direction for Beter Bed Holding NV?
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.
What is the short term momentum for BBED stock?
The short term momentum for Beter Bed Holding NV (BBED.AS) is neutral.
Can you provide the support and resistance levels for Beter Bed Holding NV?
Beter Bed Holding NV (BBED.AS) has a support level at 5.96 and a resistance level at 6.01. Check the full technical report for our detailed analysis of BBED.AS support and resistance levels.