We assign a technical rating of 1 out of 10 to BETE. BETE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 93% of all other stocks performed better in the past year than BETE.
- BETE is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month BETE has a been trading in the 44.96 - 51.87 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: BETE has an average volume of 7690 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
BETE 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.
More info and screens
44.50
When analyzing the support we notice one important area.
- A support zone ranging from 44.95 to 45.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 47.26 to 47.72. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 49.88 to 50.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @51.67 from a horizontal line in the daily time frame.
- Resistance @93.28 from a horizontal line in the weekly 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 | DOWN | NEGATIVE | The long term trend for BETE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BETE is down. |
| ChartMill Relative Strength | 7.41 | NEGATIVE | BETE has a low relative strength, it was outperformed by 92.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BETE is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BETE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of BETE is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.78 | NEUTRAL | The RSI value for BETE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests BETE has a positive trend. |
| Stochastics (14,3) | 14.59 | OVERSOLD | The low Stochastics value suggests BETE may be oversold. |
| Average True Range in percent/ATR (20) | 3.24 | MEDIUM VOLATILITY | The ATR as a percentage value for BETE suggests some volalility. |
| Average Directional Index/ADX (14) | 19.85 | NEGATIVE | The low ADX value for BETE suggests a weak or negative trend. |
NYSEARCA:BETE (1/28/2026, 8:04:00 PM)
46.35
-0.11 (-0.24%)
PROSHRS BIT&ET E W ETF-USD I / BETE FAQ
Can you provide the ChartMill technical rating for PROSHRS BIT&ET E W ETF-USD I?
ChartMill assigns a technical rating of 1 / 10 to BETE.
What is the current trend direction of PROSHRS BIT&ET E W ETF-USD I (BETE) stock?
The current trend direction for PROSHRS BIT&ET E W ETF-USD I (BETE) is Bearish.
Can you provide the RSI signal for PROSHRS BIT&ET E W ETF-USD I?
PROSHRS BIT&ET E W ETF-USD I (BETE) has an RSI value of 42.7819. This indicates that the stock is currently neutral.
What is the MACD signal for BETE stock?
The MACD indicator for PROSHRS BIT&ET E W ETF-USD I (BETE) has a value of 0.00241347, indicating a bearish trend.
What is the short term momentum for PROSHRS BIT&ET E W ETF-USD I (BETE) stock?
The short term momentum for PROSHRS BIT&ET E W ETF-USD I (BETE) is negative.