Taking everything into account, BENF scores 8 out of 10 in our technical rating. BENF has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Although BENF has an excellent technical rating, the quality of the presented setup is not ideal 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.
0.49
2 important support areas can be observed.
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 BENF is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BENF is up. |
| ChartMill Relative Strength | 84.7 | POSITIVE | BENF has a high relative strength, it outperformed 84.7% 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) | UP | POSITIVE | The current price of BENF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.06 | NEUTRAL | The RSI value for BENF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests BENF has a positive trend. |
| Stochastics (14,3) | 86.02 | OVERBOUGHT | The high Stochastics value suggests BENF may be overbought. |
| Average True Range in percent/ATR (20) | 8.35 | HIGH VOLATILITY | The high ATR as a percentage value for BENF suggests high volalility. |
| Average Directional Index/ADX (14) | 31.09 | POSITIVE | The high ADX value value for BENF suggests a strong trend. |
0.6607
+0.01 (+2.02%)
ChartMill assigns a technical rating of 8 / 10 to BENF.
The current trend direction for BENEFICIENT - CLASS A (BENF) is Bearish.
BENEFICIENT - CLASS A (BENF) has an RSI value of 56.0615. This indicates that the stock is currently neutral.
The short term momentum for BENEFICIENT - CLASS A (BENF) is positive.
BENEFICIENT - CLASS A (BENF) has a support level at 0.51. Check the full technical report for our detailed analysis of BENF support and resistance levels.