BENESSERE CAPITAL ACQUISITIO (BENEU) Technical Analysis
NASDAQ:BENEU • US08179B2025
Current stock price
BENEU Technical Rating and Analysis
Taking everything into account, BENEU scores 2 out of 10 in our technical rating. BENEU has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- BENEU is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so BENEU is lagging the market.
- In the last month BENEU has a been trading in the 10.42 - 11.05 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: BENEU has an average volume of 670 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When comparing the yearly performance of all stocks, we notice that BENEU is one of the better performing stocks in the market, outperforming 77% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
BENEU Weekly and Daily overview Charts
BENEU Setup Rating and Analysis
The technical rating of BENEU is bad and it also does not present a quality setup 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
BENEU Support and Resistance Analysis
10.31
We found 1 important support area.
- A support zone ranging from 10.41 to 10.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @10.50 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 10.67 to 11.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
BENEU Technical Indicator Signal Analysis
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 BENEU is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BENEU is neutral. |
| ChartMill Relative Strength | 77.09 | POSITIVE | BENEU has a high relative strength, it outperformed 77.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BENEU is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BENEU is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BENEU is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.29 | NEUTRAL | The RSI value for BENEU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests BENEU has a negative trend. |
| Stochastics (14,3) | 27.87 | NEUTRAL | The Stochastics value for BENEU is a neutral value. |
| Average True Range in percent/ATR (20) | 1.43 | LOW VOLATILITY | The low ATR as a percentage value for BENEU suggests low volalility. |
| Average Directional Index/ADX (14) | 14.56 | NEGATIVE | The low ADX value for BENEU suggests a weak or negative trend. |
BENEU Chart- and CandleStick Pattern Analysis
BENEU Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:BENEU (10/31/2022, 8:06:38 PM)
10.4201
0 (0%)
BENESSERE CAPITAL ACQUISITIO / BENEU TA FAQ
What is the technical rating for BENEU stock?
ChartMill assigns a technical rating of 2 / 10 to BENEU.
What is the trend direction for BENEU stock?
The current trend direction for BENESSERE CAPITAL ACQUISITIO (BENEU) is Bearish.
Can you provide the RSI signal for BENESSERE CAPITAL ACQUISITIO?
BENESSERE CAPITAL ACQUISITIO (BENEU) has an RSI value of 43.2857. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BENESSERE CAPITAL ACQUISITIO?
The MACD indicator for BENESSERE CAPITAL ACQUISITIO (BENEU) has a value of -0.0168871, indicating a bearish trend.