BENEFICIENT - CLASS A (BENF) Technical Analysis
NASDAQ:BENF • US08178Q5071
Current stock price
BENF Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to BENF. BENF scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 78% 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. The S&P500 Index however is trading in the upper part of its 52 week range, so BENF is lagging the market.
- BENF is an average performer in the Capital Markets industry, it outperforms 46% of 240 stocks in the same industry.
- In the last month BENF has a been trading in the 3.15 - 4.12 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
BENF Weekly and Daily overview Charts
BENF Setup Rating and Analysis
Although the technical rating is bad, BENF does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
BENF Support and Resistance Analysis
3.17
When analyzing the support we notice one important area.
- A support zone ranging from 3.20 to 3.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @3.61 from a trend line in the daily time frame.
- Resistance @3.92 from a horizontal line in the daily time frame.
- A resistance zone ranging from 4.09 to 4.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
BENF Technical Indicator Signal Analysis
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 | 22.69 | NEGATIVE | BENF has a low relative strength, it was outperformed by 77.31% 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) | UP | MIXED | The current price of BENF is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.35 | NEUTRAL | The RSI value for BENF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BENF has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.94 | NEUTRAL | The Stochastics value for BENF is a neutral value. |
| Average True Range in percent/ATR (20) | 8.24 | HIGH VOLATILITY | The high ATR as a percentage value for BENF suggests high volalility. |
| Average Directional Index/ADX (14) | 18.28 | NEGATIVE | The low ADX value for BENF suggests a weak or negative trend. |
BENF Chart- and CandleStick Pattern Analysis
BENF Technicals: Chart, Performance Metrics, Trend & Indicators
3.5
+0.23 (+7.03%)
BENEFICIENT - CLASS A / BENF TA FAQ
Can you provide the ChartMill technical rating for BENEFICIENT - CLASS A?
ChartMill assigns a technical rating of 0 / 10 to BENF.
What is the trend direction for BENF stock?
The current trend direction for BENEFICIENT - CLASS A (BENF) is Bearish.
Can you provide the RSI signal for BENEFICIENT - CLASS A?
BENEFICIENT - CLASS A (BENF) has an RSI value of 43.3472. This indicates that the stock is currently neutral.
What is the short term momentum for BENF stock?
The short term momentum for BENEFICIENT - CLASS A (BENF) is negative.
Can you provide the support and resistance levels for BENEFICIENT - CLASS A?
BENEFICIENT - CLASS A (BENF) has a support level at 3.2 and a resistance level at 3.61. Check the full technical report for our detailed analysis of BENF support and resistance levels.