BEL FUSE INC-CL B (BELFB) Stock Technical Analysis
NASDAQ:BELFB • US0773473006
We assign a technical rating of 10 out of 10 to BELFB. 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 97% of all stocks. On top of that, BELFB also shows a nice and consistent pattern of rising prices.
- BELFB is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 87% of 122 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 193.65 - 248.61 range, which is quite wide. It is currently trading near the high of this range.
BELFB has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
163.64
When analyzing the support we can see 3 important areas.
- Support @211.43 from a trend line in the daily time frame.
- Support @172.52 from a trend line in the weekly time frame.
- Support @165.29 from a trend 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 | 97.11 | POSITIVE | BELFB has a high relative strength, it outperformed 97.11% 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) | 56.43 | NEUTRAL | The RSI value for BELFB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests BELFB has a negative trend. |
| Stochastics (14,3) | 60.91 | NEUTRAL | The Stochastics value for BELFB is a neutral value. |
| Average True Range in percent/ATR (20) | 5.57 | HIGH VOLATILITY | The high ATR as a percentage value for BELFB suggests high volalility. |
| Average Directional Index/ADX (14) | 37.96 | POSITIVE | The high ADX value value for BELFB suggests a strong trend. |
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 |
|---|---|---|---|
| 226.62 | 211.42 | 15.20 (6.71%) | 14.91% |
| An entry @226.62. This is a Buy Stop order right above the 10 day moving average. | An exit @211.42. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 15.20 points, which is 6.71%. | When investing 14.91% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
221.19
-14.11 (-6%)
BEL FUSE INC-CL B / BELFB FAQ
What is the technical rating for BELFB stock?
ChartMill assigns a technical rating of 10 / 10 to BELFB.
Can you provide the trend direction for BEL FUSE INC-CL B?
The current trend direction for BEL FUSE INC-CL B (BELFB) is Bullish.
What is the RSI signal for BELFB stock?
BEL FUSE INC-CL B (BELFB) has an RSI value of 56.4253. This indicates that the stock is currently neutral.
Can you provide the short term momentum for BEL FUSE INC-CL B?
The short term momentum for BEL FUSE INC-CL B (BELFB) is positive.
What is the buy/sell signal for BELFB stock?
The buy/sell signal for BEL FUSE INC-CL B (BELFB) is buy as both the short term and long term trends are positive.