BETA TECHNOLOGIES INC -CL A (BETA) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BETA - US0869211039 - Common Stock
Taking everything into account, BETA scores 2 out of 10 in our technical rating. 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.
BETA has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
27.06
We found 2 important support areas.
- Support @28.00 from a trend line in the daily time frame.
- 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 3 important areas.
- A resistance zone ranging from 28.74 to 28.75. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- 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 | NEUTRAL | NEUTRAL | The short term trend for BETA is neutral. |
| 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). |
| Relative Strength Index/RSI (14) | 45.95 | NEUTRAL | The RSI value for BETA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.55 | NEGATIVE | The MACD value suggests BETA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 38.25 | NEUTRAL | The Stochastics value for BETA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.33 | HIGH VOLATILITY | The high ATR as a percentage value for BETA suggests high volalility. |
| Average Directional Index/ADX (14) | 21.14 | NEUTRAL | The ADX value for BETA suggests a possible start of a new trend. |
28.62
+0.07 (+0.25%)
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 2 / 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 45.9543. 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 -0.548903, indicating a bearish trend.