BENEFICIENT - CLASS A (BENF) Stock Technical Analysis
NASDAQ:BENF - Nasdaq - US08178Q3092 - Common Stock - Currency: USD
Taking everything into account, BENF scores 4 out of 10 in our technical rating. In the past year, BENF was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, BENF is a bad performer in the overall market: 92% of all stocks are doing better.
BENF is part of the Capital Markets industry. There are 232 other stocks in this industry, of which 83% are performing better than BENF.
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 0.28 - 0.62 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, which is what you like to see during a strong movement up.
BENF has an average volume of 1013770 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
BENF has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.34
0.45
When analyzing the support we notice one important area.
- A support zone ranging from 0.34 to 0.34. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The short term trend for BENF is up. |
| ChartMill Relative Strength | 8.32 | NEGATIVE | BENF has a low relative strength, it was outperformed by 91.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BENF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BENF is above the rising 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) | 77.28 | OVERBOUGHT | The high RSI value suggests BENF may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BENF has a positive trend. |
| Stochastics (14,3) | 55.96 | NEUTRAL | The Stochastics value for BENF is a neutral value. |
| Average True Range in percent/ATR (20) | 9.39 | HIGH VOLATILITY | The high ATR as a percentage value for BENF suggests high volalility. |
| Average Directional Index/ADX (14) | 26.81 | 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)
0.4442
+0.08 (+23.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg23.39%
1 Week30.76%
2 Weeks39.12%
1 Month56.96%
3 Month8.87%
6 Month-49.01%
12 Month-86.66%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%9.39%
ATR Inc386.27%
Range Today0.28
ADR(20)0.04
ADR(20)%9.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.32
Mansfield-6.8
10 Day High0.62
10 Day Low0.3
20 Day High0.62
20 Day Low0.28
52 Week High6.27
52 Week Low0.22
CS1 End0.34
CR1 StartN/A
Volume & EV
DER(3)8.07%
DER(5)1.19%
Volume45.17M
Volume Incr8653.1%
Vol(5)9.14M
Vol(50)1.01M