BEL FUSE INC-CL B (BELFB) Stock Technical Analysis
USA - NASDAQ:BELFB - US0773473006 - Common Stock
142.08 USD
-8.89 (-5.89%)
144.5 USD
+2.42 (+1.7%)
Taking everything into account, BELFB scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BELFB 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 BELFB is one of the better performing stocks in the market, outperforming 93% of all stocks.
BELFB is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 76% of 125 stocks in the same industry.
BELFB 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 BELFB has a been trading in the 129.12 - 152.45 range, which is quite wide. It is currently trading near the high of this range.
BELFB has an excellent technical rating, but the quality of the setup is only medium 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
61.42
152.49
When analyzing the support we can see 3 important areas.
- A support zone ranging from 141.66 to 141.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 127.79 to 129.08. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @62.04 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @150.98 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 BELFB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BELFB is up. |
| ChartMill Relative Strength | 93.41 | POSITIVE | BELFB has a high relative strength, it outperformed 93.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BELFB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BELFB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BELFB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.76 | NEUTRAL | The RSI value for BELFB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.53 | NEGATIVE | The MACD value suggests BELFB has a negative trend. |
| Stochastics (14,3) | 72.45 | NEUTRAL | The Stochastics value for BELFB is a neutral value. |
| Average True Range in percent/ATR (20) | 3.62 | MEDIUM VOLATILITY | The ATR as a percentage value for BELFB suggests some volalility. |
| Average Directional Index/ADX (14) | 27.89 | POSITIVE | The high ADX value value for BELFB 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 |
|---|---|---|---|
| 145.28 | 141.65 | 3.63 (2.50%) | 25.00% |
| An entry @145.28. This is a Buy Stop order right above the 10 day moving average. | An exit @141.65. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.63 points, which is 2.50%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.62%. |
- The distance between exit and entry is rather small compared to the average daily movement of BELFB. 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.
142.08
-8.89 (-5.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-5.89%
1 Week0.25%
2 Weeks-1.25%
1 Month10.22%
3 Month56.98%
6 Month93.17%
12 Month78.07%
2 Year197.74%
3 Year462.69%
5 Year1230.34%
10 Year630.86%
15 Year582.42%
Volatility
ATR(14)5.42
ATR(20)%3.62%
ATR Inc91.57%
Range Today10.42
ADR(20)4.94
ADR(20)%3.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.41
Mansfield4.34
10 Day High152.45
10 Day Low138.85
20 Day High152.45
20 Day Low129.12
52 Week High152.45
52 Week Low58
CS1 End141.72
CR1 Start150.98
Volume & EV
DER(3)-0.35%
DER(5)-0.18%
Volume242.60K
Volume Incr1.98%
Vol(5)123.32K
Vol(50)146.50K