BEST INC - ADR (BEST) Stock Technical Analysis
NYSE:BEST - New York Stock Exchange, Inc. - US08653C6012 - ADR - Currency: USD
Overall BEST gets a technical rating of 7 out of 10. Both in the recent history as in the last year, BEST has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: BEST has an average volume of 29696 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
BEST is part of the Air Freight & Logistics industry. There are 22 other stocks in this industry. BEST outperforms 95% of them.
BEST is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so BEST is leading the market.
When comparing the yearly performance of all stocks, we notice that BEST is one of the better performing stocks in the market, outperforming 88% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
In the last month BEST has a been trading in a tight range between 2.72 and 2.82.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, BEST also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 2.79. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.78, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
2.19
2.88
When analyzing the support we can see 3 important areas.
- A support zone ranging from 2.69 to 2.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.61 to 2.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.21 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 2.79 to 2.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for BEST is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BEST is neutral. |
| ChartMill Relative Strength | 88.84 | POSITIVE | BEST has a high relative strength, it outperformed 88.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BEST is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BEST is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BEST is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.9 | NEUTRAL | The RSI value for BEST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests BEST has a negative trend. |
| Stochastics (14,3) | 67.9 | NEUTRAL | The Stochastics value for BEST is a neutral value. |
| Average True Range in percent/ATR (20) | 1.16 | LOW VOLATILITY | The low ATR as a percentage value for BEST suggests low volalility. |
| Average Directional Index/ADX (14) | 23.47 | NEUTRAL | The ADX value for BEST suggests a possible start of a new 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 2.86 | 2.72 | 0.14 (4.90%) | 20.43% |
| An entry @2.86. This is a Buy Stop order right above the resistance zone. | An exit @2.72. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.14 points, which is 4.90%. | When investing 20.43% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
2.78
-0.02 (-0.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAir Freight & Logistics
Performance
% Chg-0.71%
1 Week0.36%
2 Weeks0%
1 Month1.46%
3 Month4.32%
6 Month1.09%
12 Month30.36%
2 Year-12.03%
3 Year-78.45%
5 Year-97.4%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%1.16%
ATR Inc88.34%
Range Today0.09
ADR(20)0.03
ADR(20)%1.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.84
Mansfield0.6
10 Day High2.82
10 Day Low2.73
20 Day High2.82
20 Day Low2.72
52 Week High2.82
52 Week Low1.85
CS1 End2.78
CR1 Start2.79
Volume & EV
DER(3)-1.93%
DER(5)0.4%
Volume66.90K
Volume Incr5.89%
Vol(5)42.58K
Vol(50)29.70K