BETTER HOME & FINANCE HOLDIN (BETR) Technical Analysis
NASDAQ:BETR • US08774B5084
Current stock price
BETR Technical Rating and Analysis
Taking everything into account, BETR scores 7 out of 10 in our technical rating. In the past year, BETR was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- BETR is part of the Financial Services industry. There are 100 other stocks in this industry. BETR outperforms 97% of them.
- Looking at the yearly performance, BETR did better than 97% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- BETR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BETR is lagging the market slightly.
- In the last month BETR has a been trading in the 27.19 - 40.36 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BETR Weekly and Daily overview Charts
BETR Setup Rating and Analysis
BETR has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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BETR Support and Resistance Analysis
26.80
When analyzing the support we can see 2 important areas.
- Support @28.15 from a trend line in the daily time frame.
- Support @27.07 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 39.87 to 39.94. This zone is formed by a combination of multiple trend lines in the daily time frame.
BETR 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 | NEUTRAL | NEUTRAL | The long term trend for BETR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BETR is up. |
| ChartMill Relative Strength | 97.23 | POSITIVE | BETR has a high relative strength, it outperformed 97.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BETR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BETR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BETR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.45 | NEUTRAL | The RSI value for BETR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.66 | POSITIVE | The MACD value suggests BETR has a positive trend. |
| Stochastics (14,3) | 75.44 | NEUTRAL | The Stochastics value for BETR is a neutral value. |
| Average True Range in percent/ATR (20) | 10.12 | HIGH VOLATILITY | The high ATR as a percentage value for BETR suggests high volalility. |
| Average Directional Index/ADX (14) | 19.03 | NEGATIVE | The low ADX value for BETR suggests a weak or negative trend. |
BETR Chart- and CandleStick Pattern Analysis
BETR Technicals: Chart, Performance Metrics, Trend & Indicators
37.61
+2.96 (+8.54%)
BETTER HOME & FINANCE HOLDIN / BETR TA FAQ
Can you provide the ChartMill technical rating for BETTER HOME & FINANCE HOLDIN?
ChartMill assigns a technical rating of 7 / 10 to BETR.
What is the current trend direction of BETTER HOME & FINANCE HOLDIN (BETR) stock?
The current trend direction for BETTER HOME & FINANCE HOLDIN (BETR) is Bearish.
What is the RSI signal for BETR stock?
BETTER HOME & FINANCE HOLDIN (BETR) has an RSI value of 59.4484. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for BETTER HOME & FINANCE HOLDIN?
BETTER HOME & FINANCE HOLDIN (BETR) has a support level at 28.15 and a resistance level at 39.87. Check the full technical report for our detailed analysis of BETR support and resistance levels.