BENEFICIENT CO GROUP -28 (BENFW) Technical Analysis
NASDAQ:BENFW
Current stock price
BENFW Technical Rating and Analysis
Taking everything into account, BENFW scores 2 out of 10 in our technical rating. Although BENFW is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- BENFW 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 BENFW has a been trading in the 0.01 - 0.02 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.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When comparing the yearly performance of all stocks, we notice that BENFW is one of the better performing stocks in the market, outperforming 83% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- Considerably lower volume is observed in the last couple of days.
BENFW Weekly and Daily overview Charts
BENFW Setup Rating and Analysis
BENFW has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 0.01, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BENFW in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
BENFW Support and Resistance Analysis
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We found 1 important support area.
- A support zone ranging from 0.01 to 0.01. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 0.01 to 0.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
BENFW 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 | NEUTRAL | NEUTRAL | The long term trend for BENFW is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BENFW is down. |
| ChartMill Relative Strength | 83.42 | POSITIVE | BENFW has a high relative strength, it outperformed 83.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BENFW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BENFW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of BENFW is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.39 | NEUTRAL | The RSI value for BENFW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests BENFW has a negative trend. |
| Stochastics (14,3) | 15.8 | OVERSOLD | The low Stochastics value suggests BENFW may be oversold. |
| Average True Range in percent/ATR (20) | 17.01 | HIGH VOLATILITY | The high ATR as a percentage value for BENFW suggests high volalility. |
| Average Directional Index/ADX (14) | 43.45 | POSITIVE | The high ADX value value for BENFW suggests a strong trend. |
BENFW Chart- and CandleStick Pattern Analysis
BENFW Technicals: Chart, Performance Metrics, Trend & Indicators
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BENEFICIENT CO GROUP -28 / BENFW TA FAQ
What is the technical rating for BENFW stock?
ChartMill assigns a technical rating of 2 / 10 to BENFW.
What is the current trend direction of BENEFICIENT CO GROUP -28 (BENFW) stock?
The current trend direction for BENEFICIENT CO GROUP -28 (BENFW) is Bearish.
What is the RSI signal for BENEFICIENT CO GROUP -28 (BENFW) stock?
BENEFICIENT CO GROUP -28 (BENFW) has an RSI value of 45.3859. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BENEFICIENT CO GROUP -28?
The MACD indicator for BENEFICIENT CO GROUP -28 (BENFW) has a value of -0.000123809, indicating a bearish trend.
What are the support and resistance levels for BENEFICIENT CO GROUP -28 (BENFW) stock?
BENEFICIENT CO GROUP -28 (BENFW) has a support level at 0.01 and a resistance level at 0.01. Check the full technical report for our detailed analysis of BENFW support and resistance levels.