BEL FUSE INC-CL A (BELFA) Stock Technical Analysis
NASDAQ:BELFA - Nasdaq - US0773472016 - Common Stock - Currency: USD
Taking everything into account, BELFA scores 4 out of 10 in our technical rating. In the past year, BELFA was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, BELFA is a bad performer in the overall market: 71% of all stocks are doing better.
BELFA is part of the Electronic Equipment, Instruments & Components industry. There are 125 other stocks in this industry, of which 65% are performing better than BELFA.
Warning: BELFA has an average volume of 5950 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month BELFA has a been trading in the 62.78 - 76.12 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.
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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
BELFA has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
58.90
76.77
When analyzing the support we can see 3 important areas.
- Support @64.88 from a trend line in the daily time frame.
- A support zone ranging from 61.95 to 62.50. 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.
We found 1 important resistance area.
- A resistance zone ranging from 76.01 to 76.01. 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 | NEUTRAL | NEUTRAL | The long term trend for BELFA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BELFA is up. |
| ChartMill Relative Strength | 29.02 | NEGATIVE | BELFA has a low relative strength, it was outperformed by 70.98% 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 | NEGATIVE | The current price of BELFA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 70.44 | OVERBOUGHT | The high RSI value suggests BELFA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.92 | POSITIVE | The MACD value suggests BELFA has a positive trend. |
| Stochastics (14,3) | 94.49 | OVERBOUGHT | The high Stochastics value suggests BELFA may be overbought. |
| Average True Range in percent/ATR (20) | 2.62 | MEDIUM VOLATILITY | The ATR as a percentage value for BELFA suggests some volalility. |
| Average Directional Index/ADX (14) | 14.17 | NEGATIVE | The low ADX value for BELFA suggests a weak or negative 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)
76
+6.44 (+9.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg9.26%
1 Week15.31%
2 Weeks16.82%
1 Month4.61%
3 Month-0.38%
6 Month-24.25%
12 Month-8.1%
2 Year31.03%
3 Year253.49%
5 Year658.48%
10 Year291.55%
15 Year357.83%
Volatility
ATR(14)2.13
ATR(20)%2.62%
ATR Inc126.97%
Range Today6.62
ADR(20)1.54
ADR(20)%2.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.02
Mansfield-1.36
10 Day High76.12
10 Day Low62.78
20 Day High76.12
20 Day Low62.78
52 Week High106.93
52 Week Low53.95
CS1 End64.88
CR1 Start76.01
Volume & EV
DER(3)1.39%
DER(5)3.75%
Volume39.60K
Volume Incr242.2%
Vol(5)16.46K
Vol(50)5.95K