BETA TECHNOLOGIES INC -CL A (BETA) Stock Technical Analysis
NYSE:BETA • US0869211039
Overall BETA gets a technical rating of 1 out of 10. In the last year, BETA was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
- When comparing the yearly performance of all stocks, BETA is a bad performer in the overall market: 100% of all stocks are doing better.
- BETA is one of the lesser performing stocks in the Aerospace & Defense industry. 89% of 74 stocks in the same industry do better.
- In the last month BETA has a been trading in the 15.61 - 26.37 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
BETA has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 19.38. Right above this resistance zone may be a good entry point.
More info and screens
17.98
2 important resistance areas can be observed.
- A resistance zone ranging from 19.38 to 19.57. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @23.48 from a trend 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 | DOWN | NEGATIVE | The short term trend for BETA is down. |
| 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) | DOWN | NEGATIVE | The current price of BETA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BETA is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 37.47 | NEUTRAL | The RSI value for BETA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests BETA has a positive trend. |
| Stochastics (14,3) | 47.7 | NEUTRAL | The Stochastics value for BETA is a neutral value. |
| Average True Range in percent/ATR (20) | 9.88 | HIGH VOLATILITY | The high ATR as a percentage value for BETA suggests high volalility. |
| Average Directional Index/ADX (14) | 19.75 | NEGATIVE | The low ADX value for BETA suggests a weak or negative trend. |
18.16
-0.47 (-2.52%)
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 1 / 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 37.4682. 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 0.305063, 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 hold as the short term and long term trends are mixed.