BEL FUSE INC-CL A (BELFA) Stock Technical Analysis
NASDAQ:BELFA - Nasdaq - US0773472016 - Common Stock - Currency: USD
Taking everything into account, BELFA scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, BELFA has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: BELFA has an average volume of 8420 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
BELFA is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Looking at the yearly performance, BELFA did better than 81% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
BELFA is part of the Electronic Equipment, Instruments & Components industry. There are 125 other stocks in this industry, BELFA did better than 58% of them.
BELFA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BELFA is lagging the market.
BELFA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 90.99, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BELFA in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
58.90
95.07
4 important support areas can be observed.
- A support zone ranging from 89.09 to 90.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 67.14 to 67.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 62.50 to 63.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @59.49 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 91.61 to 91.82. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 93.44 to 94.13. 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 BELFA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BELFA is up. |
| ChartMill Relative Strength | 81.86 | POSITIVE | BELFA has a high relative strength, it outperformed 81.86% 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) | DOWN | MIXED | The current price of BELFA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.08 | NEUTRAL | The RSI value for BELFA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.75 | NEGATIVE | The MACD value suggests BELFA has a negative trend. |
| Stochastics (14,3) | 59.13 | NEUTRAL | The Stochastics value for BELFA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.99 | MEDIUM VOLATILITY | The ATR as a percentage value for BELFA suggests some volalility. |
| Average Directional Index/ADX (14) | 39.79 | POSITIVE | The high ADX value value for BELFA suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 91.83 | 89.08 | 2.75 (2.99%) | 25.00% |
| An entry @91.83. This is a Buy Stop order right above the resistance zone. | An exit @89.08. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.75 points, which is 2.99%. | For a 0.75% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of BELFA. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
91
-0.49 (-0.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-0.54%
1 Week-1.09%
2 Weeks-2.61%
1 Month11.86%
3 Month37.44%
6 Month1.8%
12 Month13.21%
2 Year70.25%
3 Year206.81%
5 Year652.06%
10 Year372.73%
15 Year294.79%
Volatility
ATR(14)2.55
ATR(20)%2.99%
ATR Inc46.69%
Range Today2.59
ADR(20)2.16
ADR(20)%2.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.86
Mansfield-0.07
10 Day High94.07
10 Day Low87.9
20 Day High94.07
20 Day Low78.91
52 Week High106.93
52 Week Low53.95
CS1 End90.99
CR1 Start91.61
Volume & EV
DER(3)10.02%
DER(5)8.01%
Volume6.10K
Volume Incr-49.05%
Vol(5)5.48K
Vol(50)8.42K