BENEFICIENT - CLASS A (BENF) Stock Technical Analysis
USA - NASDAQ:BENF - US08178Q3092 - Common Stock
0.5171 USD
+0.02 (+3.4%)
0.5381 USD
+0.02 (+4.06%)
Taking everything into account, BENF scores 5 out of 10 in our technical rating. BENF has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
74% of all other stocks performed better in the past year than BENF.
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.
In the last month BENF has a been trading in the 0.33 - 1.22 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 17096300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
BENF is an average performer in the Capital Markets industry, it outperforms 48% of 237 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
BENF has an average technical rating and the quality of the presented setup is also 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.
More info and screens
0.28
0.52
When analyzing the support we can see 5 important areas.
- A support zone ranging from 0.47 to 0.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.37 from a trend line in the daily time frame.
- Support @0.31 from a trend line in the daily time frame.
- Support @0.29 from a horizontal line in the daily time frame.
- Support @0.28 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 | NEUTRAL | NEUTRAL | The long term trend for BENF is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BENF is neutral. |
| ChartMill Relative Strength | 26.61 | NEGATIVE | BENF has a low relative strength, it was outperformed by 73.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BENF is below 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 | MIXED | The current price of BENF is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.15 | NEUTRAL | The RSI value for BENF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests BENF has a negative trend. |
| Stochastics (14,3) | 18.86 | OVERSOLD | The low Stochastics value suggests BENF may be oversold. |
| Average True Range in percent/ATR (20) | 25.1 | HIGH VOLATILITY | The high ATR as a percentage value for BENF suggests high volalility. |
| Average Directional Index/ADX (14) | 41.17 | 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)
0.5171
+0.02 (+3.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg3.4%
1 Week-28.9%
2 Weeks-45.64%
1 Month22.97%
3 Month48.89%
6 Month92.23%
12 Month-57.96%
2 Year-98.94%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%25.1%
ATR Inc-65.75%
Range Today0.07
ADR(20)0.12
ADR(20)%22.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.61
Mansfield-0.96
10 Day High1.22
10 Day Low0.46
20 Day High1.22
20 Day Low0.33
52 Week High2.36
52 Week Low0.22
CS1 End0.47
CR1 StartN/A
Volume & EV
DER(3)-8.03%
DER(5)-8.43%
Volume557.30K
Volume Incr-97.05%
Vol(5)1.03M
Vol(50)17.10M