Basf Se (BFA.L) Stock Technical Analysis
LON:BFA - London Exchange -
Taking everything into account, BFA scores 1 out of 10 in our technical rating. BFA'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.
82% of all other stocks performed better in the past year than BFA.
BFA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month BFA has a been trading in the 64.63 - 68.75 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
BFA has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
57.62
69.08
When analyzing the support we can see 2 important areas.
- Support @64.55 from a trend line in the weekly time frame.
- Support @58.20 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 65.72 to 68.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 BFA.L is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BFA.L is down. |
| ChartMill Relative Strength | 18.48 | NEGATIVE | BFA.L has a low relative strength, it was outperformed by 81.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BFA.L is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BFA.L is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BFA.L is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.81 | NEUTRAL | The RSI value for BFA.L is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.35 | NEGATIVE | The MACD value suggests BFA.L has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.53 | OVERSOLD | The low Stochastics value suggests BFA.L may be oversold. |
| Average True Range in percent/ATR (20) | 1.87 | LOW VOLATILITY | The low ATR as a percentage value for BFA.L suggests low volalility. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
LON:BFA (3/28/2019, 7:00:00 PM)
65.582
+0.53 (+0.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.81%
1 Week-2.27%
2 Weeks-1.74%
1 Month-2.14%
3 Month7.21%
6 Month-14.32%
12 Month-20.6%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.35
ATR(20)%1.87%
ATR Inc-18.82%
Range Today0.99
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.48
Mansfield-1.38
10 Day High68.69
10 Day Low64.63
20 Day High68.75
20 Day Low64.63
52 Week High90
52 Week Low57.85
CS1 End64.55
CR1 Start65.72
Volume & EV
DER(3)0%
DER(5)0%
Volume1.01M
Volume Incr5.54%
Vol(5)733.61K
Vol(50)646.72K