BEI Technical Analysis - BEIERSDORF AG

Technical Rating and Analysis

Taking everything into account, BEI scores 1 out of 10 in our technical rating. BEI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.

94% of all other stocks performed better in the past year than BEI.

BEI is part of the Personal Care Products industry. There are 14 other stocks in this industry, of which 69% are performing better than BEI.

BEI is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.

In the last month BEI has a been trading in the 87.02 - 93.44 range, which is quite wide. It is currently trading near the high of this range.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

The technical rating of BEI is bad and it also does not present a 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.

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ChartMill Technical Ratings

Pocket Pivots

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Support and Resistance Analysis

86.43

136.20

When analyzing the support we can see 2 important areas.

A support zone ranging from 93.41 to 93.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
A support zone ranging from 87.30 to 88.42. This zone is formed by a combination of multiple trend lines in multiple time frames.

3 important resistance areas can be observed.

A resistance zone ranging from 96.61 to 97.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Resistance @124.75 from a trend line in the weekly time frame.
Resistance @134.85 from a horizontal line in the weekly time frame.

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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	DOWN	NEGATIVE	The long term trend for BEI.DE is down.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for BEI.DE is neutral.
ChartMill Relative Strength	6.41	NEGATIVE	BEI.DE has a low relative strength, it was outperformed by 93.59% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of BEI.DE is above the rising SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of BEI.DE is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of BEI.DE is below a declining SMA(200).
Relative Strength Index/RSI (14)	55.45	NEUTRAL	The RSI value for BEI.DE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.72	POSITIVE	The MACD value suggests BEI.DE has a positive trend.
Stochastics (14,3)	90.55	OVERBOUGHT	The high Stochastics value suggests BEI.DE may be overbought.
Average True Range in percent/ATR (20)	1.5	LOW VOLATILITY	The low ATR as a percentage value for BEI.DE suggests low volalility.
Average Directional Index/ADX (14)	28.23	POSITIVE	The high ADX value value for BEI.DE suggests a strong trend.