BENEFICIENT - CLASS A (BENF) Stock Technical Analysis
NASDAQ:BENF - Nasdaq - US08178Q3092 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to BENF. BENF's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, BENF is a bad performer in the overall market: 97% of all stocks are doing better.
BENF is one of the lesser performing stocks in the Capital Markets industry. 87% of 232 stocks in the same industry do better.
BENF is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so BENF is lagging the market.
In the last month BENF has a been trading in the 0.27 - 0.62 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
BENF has an average volume of 1096810 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
BENF has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
0.28
0.36
We can see 2 important resistance areas.
- A resistance zone ranging from 0.32 to 0.32. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.36 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 | DOWN | NEGATIVE | The long term trend for BENF is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BENF is down. |
| ChartMill Relative Strength | 3.53 | NEGATIVE | BENF has a low relative strength, it was outperformed by 96.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BENF is below 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) | DOWN | NEGATIVE | The current price of BENF is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.53 | NEUTRAL | The RSI value for BENF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests BENF has a negative trend. |
| Stochastics (14,3) | 6.05 | OVERSOLD | The low Stochastics value suggests BENF may be oversold. |
| Average True Range in percent/ATR (20) | 16.88 | HIGH VOLATILITY | The high ATR as a percentage value for BENF suggests high volalility. |
| Average Directional Index/ADX (14) | 40.67 | POSITIVE | The high ADX value value for BENF suggests a strong trend. |
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)
0.2847
-0.01 (-3.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-3.16%
1 Week-6.35%
2 Weeks-13.46%
1 Month-11.31%
3 Month-16.26%
6 Month-52.83%
12 Month-89.26%
2 Year-99.88%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%16.88%
ATR Inc-66.12%
Range Today0.02
ADR(20)0.05
ADR(20)%16.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.53
Mansfield-7.67
10 Day High0.34
10 Day Low0.27
20 Day High0.62
20 Day Low0.27
52 Week High6.27
52 Week Low0.22
CS1 EndN/A
CR1 Start0.32
Volume & EV
DER(3)-26.13%
DER(5)-17.19%
Volume86.20K
Volume Incr-95.44%
Vol(5)117.74K
Vol(50)1.10M