BENEFICIENT - CLASS A (BENF) Technical Analysis
NASDAQ:BENF • US08178Q5071
Current stock price
BENF Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to BENF. Although BENF is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- BENF is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- BENF is one of the better performing stocks in the Capital Markets industry, it outperforms 84% of 240 stocks in the same industry.
- Looking at the yearly performance, BENF did better than 79% of all other stocks. However, we also see that BENF couldn't keep up this performance in the last couple of months.
- In the last month BENF has a been trading in the 3.15 - 4.49 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
BENF Weekly and Daily overview Charts
BENF Setup Rating and Analysis
BENF has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 3.28, a Stop Loss order could be placed below this zone.
More info and screens
BENF Support and Resistance Analysis
3.17
When analyzing the support we can see 2 important areas.
- A support zone ranging from 3.27 to 3.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 3.20 to 3.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 4.05 to 4.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
BENF 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 | DOWN | NEGATIVE | The long term trend for BENF is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BENF is neutral. |
| ChartMill Relative Strength | 79.66 | POSITIVE | BENF has a high relative strength, it outperformed 79.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BENF is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BENF is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of BENF is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.75 | NEUTRAL | The RSI value for BENF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests BENF has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 57.65 | NEUTRAL | The Stochastics value for BENF is a neutral value. |
| Average True Range in percent/ATR (20) | 10.45 | HIGH VOLATILITY | The high ATR as a percentage value for BENF suggests high volalility. |
| Average Directional Index/ADX (14) | 14.79 | NEGATIVE | The low ADX value for BENF suggests a weak or negative trend. |
BENF Chart- and CandleStick Pattern Analysis
BENF Technicals: Chart, Performance Metrics, Trend & Indicators
3.7
-0.38 (-9.31%)
BENEFICIENT - CLASS A / BENF TA FAQ
Can you provide the ChartMill technical rating for BENEFICIENT - CLASS A?
ChartMill assigns a technical rating of 2 / 10 to BENF.
What is the trend direction for BENF stock?
The current trend direction for BENEFICIENT - CLASS A (BENF) is Bearish.
Can you provide the RSI signal for BENEFICIENT - CLASS A?
BENEFICIENT - CLASS A (BENF) has an RSI value of 48.7545. This indicates that the stock is currently neutral.
What is the short term momentum for BENF stock?
The short term momentum for BENEFICIENT - CLASS A (BENF) is neutral.
Can you provide the support and resistance levels for BENEFICIENT - CLASS A?
BENEFICIENT - CLASS A (BENF) has a support level at 3.28 and a resistance level at 4.05. Check the full technical report for our detailed analysis of BENF support and resistance levels.