BENESSERE CAPITAL ACQUI-CL A (BENE)

US08179B1035 - Common Stock

10.44  0 (0%)

Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to BENE. Both in the recent history as in the last year, BENE has proven to be a steady performer, scoring decent points in every aspect analyzed.

BENE is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, BENE did better than 81% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month BENE has a been trading in a tight range between 10.36 and 10.46.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
BENE Weekly chart
BENE Daily chart
Setup Rating and Analysis

8

BENE has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 10.45. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.43, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

9.83

10.55

We found 2 important support areas.

  • A support zone ranging from 10.10 to 10.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 9.93 to 9.93. This zone is formed by a combination of multiple trend lines in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 10.45 to 10.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.63
Mansfield0.93
10 Day High10.46
10 Day Low10.4
20 Day High10.46
20 Day Low10.36
52 Week High14.27
52 Week Low10.07
Performance
1 Week0.1%
2 Weeks0.48%
1 Month0.68%
3 Month0.77%
6 Month1.36%
12 Month0.38%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)83.64
LBB10.38
UBB10.46
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
10.4610.390.07 (0.67%)25.00%
An entry @10.46. This is a Buy Stop order right above the resistance zone.An exit @10.39. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.07 points, which is 0.67%.For a 0.17% total portfolio risk, you can invest 25.00% 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.
BENE Daily chart

BENESSERE CAPITAL ACQUI-CL A

NASDAQ:BENE (10/31/2022, 8:06:38 PM)

10.44

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week0.1%
2 Weeks0.48%
1 Month0.68%
3 Month0.77%
6 Month1.36%
12 Month0.38%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.02
ATR(20)%0.16%
ATR Inc
Range Today0.01
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High10.46
10 Day Low10.4
20 Day High10.46
20 Day Low10.36
52 Week High14.27
52 Week Low10.07
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume20.20K
Volume Incr511.69%
Vol(5)154.94K
Vol(50)41.98K