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 10 out of 10. Both in the recent history as in the last year, BE has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- Looking at the yearly performance, BE did better than 99% of all other stocks. We also observe that the gains produced by BE over the past year are nicely spread over this period.
- BE is part of the Electrical Equipment industry. There are 91 other stocks in this industry. BE outperforms 96% of them.
- BE is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so BE is performing more or less in line with the market.
- In the last month BE has a been trading in the 131.00 - 180.90 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- BE has an average volume of 11756500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
BE Weekly and Daily overview Charts
BE Setup Rating and Analysis
Besides having an excellent technical rating, BE also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
BE Support and Resistance Analysis
104.46
4 important support areas can be observed.
- Support @140.90 from a trend line in the daily time frame.
- A support zone ranging from 135.18 to 136.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @115.14 from a trend line in the weekly time frame.
- Support @105.52 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 155.52 to 156.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for BE is neutral. |
| 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) | UP | MIXED | The current price of BE is below 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) | 50.78 | NEUTRAL | The RSI value for BE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.39 | NEGATIVE | The MACD value suggests BE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 50.54 | NEUTRAL | The Stochastics value for BE is a neutral value. |
| Average True Range in percent/ATR (20) | 9.71 | HIGH VOLATILITY | The high ATR as a percentage value for BE suggests high volalility. |
| Average Directional Index/ADX (14) | 13.73 | 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
154.51
-2.66 (-1.69%)
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 10 / 10 to BE.
What is the trend direction for BE stock?
The current trend direction for BLOOM ENERGY CORP- A (BE) is Bullish.
What is the RSI signal for BE stock?
BLOOM ENERGY CORP- A (BE) has an RSI value of 50.777. This indicates that the stock is currently neutral.
What is the MACD signal for BE stock?
The MACD indicator for BLOOM ENERGY CORP- A (BE) has a value of -1.38793, indicating a bearish trend.
What is the support and resistance level for BE stock?
BLOOM ENERGY CORP- A (BE) has a support level at 140.9 and a resistance level at 155.52. Check the full technical report for our detailed analysis of BE support and resistance levels.