JPMORGAN BETABUILDERS EUROPE (BBEU) Stock Technical Analysis
USA - NYSEARCA:BBEU - US46641Q1913 - ETF
Taking everything into account, BBEU scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BBEU is showing a nice and steady performance.
BBEU has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 69.70, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BBEU in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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54.46
When analyzing the support we can see 4 important areas.
- A support zone ranging from 68.01 to 69.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 65.41 to 66.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @57.15 from a horizontal line in the weekly time frame.
- Support @55.01 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 70.34 to 71.37. 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 BBEU is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BBEU is neutral. |
| ChartMill Relative Strength | 76.84 | POSITIVE | BBEU has a high relative strength, it outperformed 76.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BBEU is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BBEU is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BBEU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.47 | NEUTRAL | The RSI value for BBEU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests BBEU has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 32.95 | NEUTRAL | The Stochastics value for BBEU is a neutral value. |
| Average True Range in percent/ATR (20) | 0.82 | LOW VOLATILITY | The low ATR as a percentage value for BBEU suggests low volalility. |
| Average Directional Index/ADX (14) | 15.03 | NEGATIVE | The low ADX value for BBEU suggests a weak or negative 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 |
|---|---|---|---|
| 70.35 | 69.23 | 1.12 (1.60%) | 25.00% |
| An entry @70.35. This is a Buy Stop order right above the 10 day moving average. | An exit @69.23. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.12 points, which is 1.60%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.40%. |
- 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.
70.19
+0.49 (+0.7%)
JPMORGAN BETABUILDERS EUROPE / BBEU FAQ
What is the technical rating for BBEU stock?
ChartMill assigns a technical rating of 8 / 10 to BBEU.
What is the current trend direction of JPMORGAN BETABUILDERS EUROPE (BBEU) stock?
The current trend direction for JPMORGAN BETABUILDERS EUROPE (BBEU) is Bullish.
Can you provide the RSI signal for JPMORGAN BETABUILDERS EUROPE?
JPMORGAN BETABUILDERS EUROPE (BBEU) has an RSI value of 50.4712. This indicates that the stock is currently neutral.
Can you provide the MACD signal for JPMORGAN BETABUILDERS EUROPE?
The MACD indicator for JPMORGAN BETABUILDERS EUROPE (BBEU) has a value of -0.157542, indicating a bearish trend.
What is the short term momentum for BBEU stock?
The short term momentum for JPMORGAN BETABUILDERS EUROPE (BBEU) is neutral.