BETA TECHNOLOGIES INC -CL A (BETA) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BETA - US0869211039 - Common Stock
Overall BETA gets a technical rating of 4 out of 10. BETA 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.
BETA has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 27.33, a Stop Loss order could be placed below this zone.
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27.06
When analyzing the support we notice one important area.
- A support zone ranging from 27.33 to 27.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @30.56 from a horizontal line in the weekly time frame.
- Resistance @31.86 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 | UP | POSITIVE | The long term trend for BETA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BETA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | BETA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BETA is below the rising SMA(20). |
| Relative Strength Index/RSI (14) | 49.46 | NEUTRAL | The RSI value for BETA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.67 | NEGATIVE | The MACD value suggests BETA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 36.85 | NEUTRAL | The Stochastics value for BETA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.25 | HIGH VOLATILITY | The high ATR as a percentage value for BETA suggests high volalility. |
| Average Directional Index/ADX (14) | 21.13 | NEUTRAL | The ADX value for BETA suggests a possible start of a new trend. |
29.52
+0.47 (+1.62%)
BETA TECHNOLOGIES INC -CL A / BETA FAQ
Can you provide the ChartMill technical rating for BETA TECHNOLOGIES INC -CL A?
ChartMill assigns a technical rating of 4 / 10 to BETA.
What is the current trend direction of BETA TECHNOLOGIES INC -CL A (BETA) stock?
The current trend direction for BETA TECHNOLOGIES INC -CL A (BETA) is Bullish.
What is the RSI signal for BETA stock?
BETA TECHNOLOGIES INC -CL A (BETA) has an RSI value of 49.4576. This indicates that the stock is currently neutral.
What is the MACD signal for BETA TECHNOLOGIES INC -CL A (BETA) stock?
The MACD indicator for BETA TECHNOLOGIES INC -CL A (BETA) has a value of -0.665867, indicating a bearish trend.
What is the buy/sell signal for BETA stock?
The buy/sell signal for BETA TECHNOLOGIES INC -CL A (BETA) is buy as both the short term and long term trends are positive.