BLOOM ENERGY CORP- A (BE) Technical Analysis
NYSE:BE • US0937121079
Current stock price
BE Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to BE. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BE is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- 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 one of the better performing stocks in the Electrical Equipment industry, it outperforms 98% of 91 stocks in the same industry.
- BE is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month BE has a been trading in the 116.50 - 177.54 range, which is quite wide. It is currently trading near the high of this range.
- BE has an average volume of 10669900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
BE Weekly and Daily overview Charts
BE Setup Rating and Analysis
Although BE has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
BE Support and Resistance Analysis
114.21
We found 3 important support areas.
- A support zone ranging from 142.76 to 146.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 125.06 to 126.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @115.36 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 | UP | POSITIVE | The short term trend for BE is up. |
| ChartMill Relative Strength | 99.6 | POSITIVE | BE has a high relative strength, it outperformed 99.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BE is above the rising 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) | 63.67 | NEUTRAL | The RSI value for BE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 4.13 | POSITIVE | The MACD value suggests BE has a positive trend. |
| Stochastics (14,3) | 91.28 | OVERBOUGHT | The high Stochastics value suggests BE may be overbought. |
| Average True Range in percent/ATR (20) | 7.96 | HIGH VOLATILITY | The high ATR as a percentage value for BE suggests high volalility. |
| Average Directional Index/ADX (14) | 18.27 | 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
176.67
+9.97 (+5.98%)
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 9 / 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 63.6732. 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 buy as both the short term and long term trends are positive.
What are the support and resistance levels for BLOOM ENERGY CORP- A (BE) stock?
BLOOM ENERGY CORP- A (BE) has a support level at 146.78. Check the full technical report for our detailed analysis of BE support and resistance levels.