BEST INC - ADR (BEST) Technical Analysis
NYSE:BEST • US08653C6012
Current stock price
BEST Technical Rating and Analysis
Taking everything into account, BEST scores 7 out of 10 in our technical rating. 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 one of the better performing stocks in the Air Freight & Logistics industry, it outperforms 81% of 23 stocks in the same industry.
- A new 52 week high is currently being made by BEST, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- 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.
BEST Weekly and Daily overview Charts
BEST Setup Rating and Analysis
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. Another positive sign is the recent Pocket Pivot signal.
- 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
BEST Support and Resistance Analysis
2.19
3 important support areas can be observed.
- 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.
We found 1 important resistance 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.
BEST 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 | 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. |
BEST Chart- and CandleStick Pattern Analysis
BEST Example Setup
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.
BEST Technicals: Chart, Performance Metrics, Trend & Indicators
2.78
-0.02 (-0.71%)
BEST INC - ADR / BEST TA FAQ
What is the technical rating for BEST stock?
ChartMill assigns a technical rating of 7 / 10 to BEST.
What is the trend direction for BEST stock?
The current trend direction for BEST INC - ADR (BEST) is Bullish.
What is the RSI signal for BEST stock?
BEST INC - ADR (BEST) has an RSI value of 56.899. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BEST INC - ADR?
The MACD indicator for BEST INC - ADR (BEST) has a value of -0.00160216, indicating a bearish trend.
Can you provide the support and resistance levels for BEST INC - ADR?
BEST INC - ADR (BEST) has a support level at 2.78 and a resistance level at 2.79. Check the full technical report for our detailed analysis of BEST support and resistance levels.