BLOOM ENERGY CORP- A (BE) Stock Technical Analysis
NYSE:BE - New York Stock Exchange, Inc. - US0937121079 - Common Stock - Currency: USD
Taking everything into account, BE scores 2 out of 10 in our technical rating. BE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, BE is a bad performer in the overall market: 65% of all stocks are doing better.
BE has an average volume of 6427970 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
BE is part of the Electrical Equipment industry. There are 95 other stocks in this industry, BE did better than 60% of them.
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.
In the last month BE has a been trading in the 16.05 - 20.29 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
BE has a poor technical rating and the quality of the setup is also not perfect 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
10.21
20.45
When analyzing the support we can see 3 important areas.
- A support zone ranging from 17.32 to 17.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 16.32 to 16.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @10.31 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 19.55 to 19.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 20.11 to 20.25. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for BE is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BE is neutral. |
| ChartMill Relative Strength | 35.33 | NEUTRAL | BE is not amongst the best or worst performers 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) | 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) | 47.69 | NEUTRAL | The RSI value for BE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests BE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 58 | NEUTRAL | The Stochastics value for BE is a neutral value. |
| Average True Range in percent/ATR (20) | 5.22 | HIGH VOLATILITY | The high ATR as a percentage value for BE suggests high volalility. |
| Average Directional Index/ADX (14) | 13.79 | NEGATIVE | The low ADX value for BE suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
18.47
-0.1 (-0.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-0.54%
1 Week0.54%
2 Weeks-6.81%
1 Month9.88%
3 Month-23.11%
6 Month-32.71%
12 Month13.17%
2 Year34.62%
3 Year5.42%
5 Year130.01%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.03
ATR(20)%5.22%
ATR Inc-2.85%
Range Today0.63
ADR(20)0.87
ADR(20)%4.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.33
Mansfield0.12
10 Day High20.23
10 Day Low17.01
20 Day High20.29
20 Day Low16.05
52 Week High29.83
52 Week Low9.02
CS1 End17.47
CR1 Start19.55
Volume & EV
DER(3)-3.72%
DER(5)-0.96%
Volume3.33M
Volume Incr-36.94%
Vol(5)3.93M
Vol(50)6.43M