BEL FUSE INC-CL A (BELFA) Stock Technical Analysis
USA - NASDAQ:BELFA - US0773472016 - Common Stock
Overall BELFA gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BELFA is showing a nice and steady performance.
Although BELFA 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.
More info and screens
58.90
We found 4 important support areas.
- A support zone ranging from 131.76 to 133.68. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 118.12 to 118.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @107.94 from a horizontal line in the daily time frame.
- Support @59.49 from a horizontal line in the weekly time frame.
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 BELFA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BELFA is up. |
| ChartMill Relative Strength | 85.44 | POSITIVE | BELFA has a high relative strength, it outperformed 85.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BELFA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BELFA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BELFA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.14 | NEUTRAL | The RSI value for BELFA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.05 | POSITIVE | The MACD value suggests BELFA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.21 | NEUTRAL | The Stochastics value for BELFA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.23 | MEDIUM VOLATILITY | The ATR as a percentage value for BELFA suggests some volalility. |
| Average Directional Index/ADX (14) | 27.19 | POSITIVE | The high ADX value value for BELFA suggests a strong trend. |
136.73
+4.96 (+3.76%)
BEL FUSE INC-CL A / BELFA FAQ
What is the technical rating for BELFA stock?
ChartMill assigns a technical rating of 9 / 10 to BELFA.
What is the current trend direction of BEL FUSE INC-CL A (BELFA) stock?
The current trend direction for BEL FUSE INC-CL A (BELFA) is Bullish.
What is the RSI signal for BELFA stock?
BEL FUSE INC-CL A (BELFA) has an RSI value of 64.1449. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BEL FUSE INC-CL A?
The MACD indicator for BEL FUSE INC-CL A (BELFA) has a value of 1.05159, indicating a bullish trend.
What are the support and resistance levels for BEL FUSE INC-CL A (BELFA) stock?
BEL FUSE INC-CL A (BELFA) has a support level at 133.68. Check the full technical report for our detailed analysis of BELFA support and resistance levels.