BLOOM ENERGY CORP- A (BE) Technical Analysis
NYSE:BE • US0937121079
Current stock price
BE Technical Rating and Analysis
Overall BE gets a technical rating of 4 out of 10. In the last year, BE was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
- In the last month BE has a been trading in the 116.50 - 169.09 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that BE is one of the better performing stocks in the market, outperforming 99% of all stocks.
- BE is part of the Electrical Equipment industry. There are 92 other stocks in this industry. BE outperforms 97% of them.
- BE has an average volume of 10925100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- BE is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BE is lagging the market slightly.
BE Weekly and Daily overview Charts
BE Setup Rating and Analysis
BE has an average technical rating and the quality of the presented setup is also not ideal at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
BE Support and Resistance Analysis
111.29
3 important support areas can be observed.
- Support @133.23 from a horizontal line in the weekly time frame.
- A support zone ranging from 119.50 to 121.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @112.41 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 135.64 to 137.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @161.64 from a trend line in the daily time frame.
BE 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 BE is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BE is down. |
| ChartMill Relative Strength | 99.41 | POSITIVE | BE has a high relative strength, it outperformed 99.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.46 | NEUTRAL | The RSI value for BE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.36 | NEGATIVE | The MACD value suggests BE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 34.27 | NEUTRAL | The Stochastics value for BE is a neutral value. |
| Average True Range in percent/ATR (20) | 10.7 | HIGH VOLATILITY | The high ATR as a percentage value for BE suggests high volalility. |
| Average Directional Index/ADX (14) | 19.96 | NEGATIVE | The low ADX value for BE suggests a weak or negative trend. |
BE Chart- and CandleStick Pattern Analysis
BE Technicals: Chart, Performance Metrics, Trend & Indicators
135.63
+3.18 (+2.4%)
BLOOM ENERGY CORP- A / BE TA FAQ
What is the ChartMill technical rating of BLOOM ENERGY CORP- A (BE) stock?
ChartMill assigns a technical rating of 4 / 10 to BE.
Can you provide the trend direction for BLOOM ENERGY CORP- A?
The current trend direction for BLOOM ENERGY CORP- A (BE) is Bullish.
What is the RSI signal for BLOOM ENERGY CORP- A (BE) stock?
BLOOM ENERGY CORP- A (BE) has an RSI value of 45.4572. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for BLOOM ENERGY CORP- A?
The buy/sell signal for BLOOM ENERGY CORP- A (BE) is hold as the short term and long term trends are mixed.
What are the support and resistance levels for BLOOM ENERGY CORP- A (BE) stock?
BLOOM ENERGY CORP- A (BE) has a support level at 133.23 and a resistance level at 135.64. Check the full technical report for our detailed analysis of BE support and resistance levels.