Taking everything into account, BEAG scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BEAG is only an average performer.
BEAG has an average technical rating and also the quality of the setup is only medium 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.
10.00
When analyzing the support we can see 2 important areas.
We found 1 important resistance area.
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 BEAG is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BEAG is neutral. |
| ChartMill Relative Strength | 60.84 | NEUTRAL | BEAG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BEAG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BEAG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BEAG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.45 | NEUTRAL | The RSI value for BEAG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests BEAG has a positive trend. |
| Stochastics (14,3) | 34.83 | NEUTRAL | The Stochastics value for BEAG is a neutral value. |
| Average True Range in percent/ATR (20) | 1.02 | LOW VOLATILITY | The low ATR as a percentage value for BEAG suggests low volalility. |
| Average Directional Index/ADX (14) | 14.95 | NEGATIVE | The low ADX value for BEAG suggests a weak or negative trend. |
10.72
+0.16 (+1.52%)
ChartMill assigns a technical rating of 6 / 10 to BEAG.
The current trend direction for BOLD EAGLE ACQUISITION COR-A (BEAG) is Bullish.
BOLD EAGLE ACQUISITION COR-A (BEAG) has an RSI value of 58.4517. This indicates that the stock is currently neutral.
The MACD indicator for BOLD EAGLE ACQUISITION COR-A (BEAG) has a value of 0.00045305, indicating a bearish trend.