BELMOND LTD (BEL) Stock Technical Analysis
USA - NYSE:BEL -
We assign a technical rating of 9 out of 10 to BEL. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BEL is showing a nice and steady performance.
Although BEL has an excellent technical rating, it does not present a decent entry opportunity 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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24.28
When analyzing the support we notice one important area.
- A support zone ranging from 24.53 to 24.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 24.99 to 25.20. 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 | UP | POSITIVE | The long term trend for BEL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BEL is up. |
| ChartMill Relative Strength | 97.67 | POSITIVE | BEL has a high relative strength, it outperformed 97.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BEL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BEL is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BEL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.23 | NEUTRAL | The RSI value for BEL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests BEL has a positive trend. |
| Stochastics (14,3) | 56.41 | NEUTRAL | The Stochastics value for BEL is a neutral value. |
| Average True Range in percent/ATR (20) | 0.16 | LOW VOLATILITY | The low ATR as a percentage value for BEL suggests low volalility. |
24.99
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BELMOND LTD / BEL FAQ
What is the technical rating for BEL stock?
ChartMill assigns a technical rating of 8 / 10 to BEL.
What is the trend direction for BEL stock?
The current trend direction for BELMOND LTD (BEL) is Bullish.
Can you provide the RSI signal for BELMOND LTD?
BELMOND LTD (BEL) has an RSI value of 63.2339. This indicates that the stock is currently neutral.
What is the short term momentum for BELMOND LTD (BEL) stock?
The short term momentum for BELMOND LTD (BEL) is positive.
Can you provide the support and resistance levels for BELMOND LTD?
BELMOND LTD (BEL) has a support level at 24.96 and a resistance level at 24.99. Check the full technical report for our detailed analysis of BEL support and resistance levels.