ETFS Bloomberg Energy Commodity Longer Dated Str (BEF) Technical Analysis
NYSEARCA:BEF
Current stock price
BEF Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to BEF. In the past year, BEF was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
- Warning: BEF has an average volume of 396 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month BEF has a been trading in the 23.80 - 25.57 range, which is quite wide. It is currently trading near the high of this range.
- When compared to the yearly performance of all other stocks, BEF outperforms 68% of them, which is more or less in line with the market.
- BEF 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 BEF is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
BEF Weekly and Daily overview Charts
BEF Setup Rating and Analysis
BEF has an average technical rating and it also does not offer a high quality setup 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
BEF Support and Resistance Analysis
21.55
We found 2 important support areas.
- A support zone ranging from 24.74 to 25.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 21.77 to 21.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 25.58 to 25.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
BEF 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 | NEUTRAL | NEUTRAL | The long term trend for BEF is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BEF is up. |
| ChartMill Relative Strength | 68.81 | NEUTRAL | BEF is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BEF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BEF is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of BEF is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.1 | NEUTRAL | The RSI value for BEF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests BEF has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.89 | OVERBOUGHT | The high Stochastics value suggests BEF may be overbought. |
| Average True Range in percent/ATR (20) | 0.96 | LOW VOLATILITY | The low ATR as a percentage value for BEF suggests low volalility. |
BEF Chart- and CandleStick Pattern Analysis
BEF Technicals: Chart, Performance Metrics, Trend & Indicators
ETFS Bloomberg Energy Commodity Longer Dated Str
NYSEARCA:BEF (2/28/2019, 8:13:10 PM)
25.57
+0.01 (+0.04%)
ETFS Bloomberg Energy Commodity Longer Dated Str / BEF TA FAQ
Can you provide the ChartMill technical rating for ETFS Bloomberg Energy Commodity Longer Dated Str?
ChartMill assigns a technical rating of 5 / 10 to BEF.
What is the current trend direction of ETFS Bloomberg Energy Commodity Longer Dated Str (BEF) stock?
The current trend direction for ETFS Bloomberg Energy Commodity Longer Dated Str (BEF) is Bearish.
Can you provide the RSI signal for ETFS Bloomberg Energy Commodity Longer Dated Str?
ETFS Bloomberg Energy Commodity Longer Dated Str (BEF) has an RSI value of 64.1011. This indicates that the stock is currently neutral.
What is the MACD signal for ETFS Bloomberg Energy Commodity Longer Dated Str (BEF) stock?
The MACD indicator for ETFS Bloomberg Energy Commodity Longer Dated Str (BEF) has a value of 0.0806797, indicating a bearish trend.