We assign a technical rating of 10 out of 10 to BELFA. 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.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that BELFA is one of the better performing stocks in the market, outperforming 95% of all stocks. On top of that, BELFA also shows a nice and consistent pattern of rising prices.
- BELFA is part of the Electronic Equipment, Instruments & Components industry. There are 125 other stocks in this industry. BELFA outperforms 88% of them.
- BELFA is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month BELFA has a been trading in the 144.19 - 187.73 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although BELFA has an excellent technical rating, it 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
106.86
When analyzing the support we can see 5 important areas.
- A support zone ranging from 167.19 to 168.91. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @138.78 from a trend line in the weekly time frame.
- Support @133.68 from a trend line in the weekly time frame.
- Support @130.02 from a trend line in the daily time frame.
- Support @107.94 from a horizontal line in the daily 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 | 95.52 | POSITIVE | BELFA has a high relative strength, it outperformed 95.52% 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) | 75.15 | OVERBOUGHT | The high RSI value suggests BELFA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.8 | POSITIVE | The MACD value suggests BELFA has a positive trend. |
| Stochastics (14,3) | 84.93 | OVERBOUGHT | The high Stochastics value suggests BELFA may be overbought. |
| Average True Range in percent/ATR (20) | 3.47 | MEDIUM VOLATILITY | The ATR as a percentage value for BELFA suggests some volalility. |
| Average Directional Index/ADX (14) | 33.09 | POSITIVE | The high ADX value value for BELFA suggests a strong trend. |
182.73
+3.75 (+2.1%)
BEL FUSE INC-CL A / BELFA FAQ
What is the technical rating for BELFA stock?
ChartMill assigns a technical rating of 10 / 10 to BELFA.
What is the trend direction for BELFA stock?
The current trend direction for BEL FUSE INC-CL A (BELFA) is Bullish.
Can you provide the RSI signal for BEL FUSE INC-CL A?
BEL FUSE INC-CL A (BELFA) has an RSI value of 75.1534. This indicates that the stock is currently overbought.
What is the MACD signal for BELFA stock?
The MACD indicator for BEL FUSE INC-CL A (BELFA) has a value of 1.80254, indicating a bullish trend.
What is the buy/sell signal for BELFA stock?
The buy/sell signal for BEL FUSE INC-CL A (BELFA) is buy as both the short term and long term trends are positive.