BENEFICIENT - CLASS A (BENF) Stock Technical Analysis
NASDAQ:BENF - US08178Q3092 - Common Stock
0.3501 USD
-0.07 (-15.92%)
0.3479 USD
0 (-0.63%)
Overall BENF gets a technical rating of 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. BENF was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, BENF is a bad performer in the overall market: 98% of all stocks are doing better.
BENF is one of the lesser performing stocks in the Capital Markets industry. 87% of 238 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. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month BENF has a been trading in the 0.27 - 0.65 range, which is quite wide. It is currently trading near the lows 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 4117060 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.
BENF has an average technical rating and it also does not offer a high 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
0.28
0.44
3 important support areas can be observed.
- Support @0.30 from a trend line in the daily time frame.
- A support zone ranging from 0.29 to 0.29. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @0.28 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @0.38 from a horizontal line in the weekly time frame.
- Resistance @0.42 from a trend line in the daily time frame.
- Resistance @0.44 from a horizontal 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 | UP | POSITIVE | The short term trend for BENF is up. |
| ChartMill Relative Strength | 2.97 | NEGATIVE | BENF has a low relative strength, it was outperformed by 97.03% 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) | 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) | 53.14 | NEUTRAL | The RSI value for BENF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BENF has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 48.34 | NEUTRAL | The Stochastics value for BENF is a neutral value. |
| Average True Range in percent/ATR (20) | 13.58 | HIGH VOLATILITY | The high ATR as a percentage value for BENF suggests high volalility. |
| Average Directional Index/ADX (14) | 40.83 | 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)
0.3501
-0.07 (-15.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-15.92%
1 Week15.66%
2 Weeks8.73%
1 Month-6.71%
3 Month-21.18%
6 Month-14.19%
12 Month-76.66%
2 Year-99.84%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%13.58%
ATR Inc378.63%
Range Today0.06
ADR(20)0.05
ADR(20)%13.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.97
Mansfield-5.1
10 Day High0.65
10 Day Low0.27
20 Day High0.65
20 Day Low0.27
52 Week High3.33
52 Week Low0.22
CS1 End0.3
CR1 Start0.38
Volume & EV
DER(3)-2.65%
DER(5)3.31%
Volume3.26M
Volume Incr12129.62%
Vol(5)27.74M
Vol(50)4.12M