BEL FUSE INC-CL B (BELFB) Stock Technical Analysis
NASDAQ:BELFB • US0773473006
Taking everything into account, BELFB scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, BELFB has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, BELFB did better than 97% of all other stocks. We also observe that the gains produced by BELFB over the past year are nicely spread over this period.
- BELFB is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 90% of 124 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 193.90 - 248.61 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.
Besides having an excellent technical rating, BELFB also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
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164.68
4 important support areas can be observed.
- A support zone ranging from 219.79 to 221.18. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @214.04 from a trend line in the daily time frame.
- Support @172.52 from a trend line in the weekly time frame.
- Support @166.34 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 | 97.47 | POSITIVE | BELFB has a high relative strength, it outperformed 97.47% 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) | 63.69 | NEUTRAL | The RSI value for BELFB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.33 | NEGATIVE | The MACD value suggests BELFB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 58.6 | NEUTRAL | The Stochastics value for BELFB is a neutral value. |
| Average True Range in percent/ATR (20) | 5.35 | HIGH VOLATILITY | The high ATR as a percentage value for BELFB suggests high volalility. |
| Average Directional Index/ADX (14) | 39.78 | 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 |
|---|---|---|---|
| 248.62 | 219.78 | 28.84 (11.60%) | 8.62% |
| An entry @248.62. This is a Buy Stop order right above the 10 day high. | An exit @219.78. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 28.84 points, which is 11.60%. | For a 1.00% total portfolio risk, you can invest 8.62% of your capital in this trade. |
- 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.
235.04
+4.98 (+2.16%)
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 63.6871. 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.