BFSA Technical Analysis - BEFESA SA

Technical Rating and Analysis

Taking everything into account, BFSA scores 4 out of 10 in our technical rating. BFSA has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.

The short term is neutral, but the long term trend is still positive. Not much to worry about for now.

BFSA is one of the better performing stocks in the Commercial Services & Supplies industry, it outperforms 71% of 40 stocks in the same industry.

BFSA is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.

In the last month BFSA has a been trading in the 26.26 - 28.14 range, which is quite wide. It is currently trading near the high of this range.

When comparing the performance of all stocks over the past year, BFSA turns out to be only a medium performer in the overall market: it outperformed 56% of all stocks.

Considerably lower volume is observed in the last couple of days.

More info and screens

Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

Show peers with best TA rating

Weekly and Daily overview Charts

Setup Rating and Analysis

BFSA has an average technical rating and also 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.

More info and screens

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

25.11

29.43

3 important support areas can be observed.

A support zone ranging from 26.90 to 27.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A support zone ranging from 26.18 to 26.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @25.36 from a horizontal line in the weekly time frame.

2 important resistance areas can be observed.

A resistance zone ranging from 28.64 to 28.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
Resistance @29.14 from a horizontal line in the daily time frame.

More info

What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

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	UP	POSITIVE	The long term trend for BFSA.DE is up.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for BFSA.DE is neutral.
ChartMill Relative Strength	56.11	NEUTRAL	BFSA.DE is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	DOWN	MIXED	The current price of BFSA.DE is above a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	MIXED	The current price of BFSA.DE is above a declining SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of BFSA.DE is above the rising SMA(200).
Relative Strength Index/RSI (14)	48.8	NEUTRAL	The RSI value for BFSA.DE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0	NEGATIVE	The MACD value suggests BFSA.DE has a negative trend, although the MACD value is rising.
Stochastics (14,3)	46.1	NEUTRAL	The Stochastics value for BFSA.DE is a neutral value.
Average True Range in percent/ATR (20)	2.27	MEDIUM VOLATILITY	The ATR as a percentage value for BFSA.DE suggests some volalility.
Average Directional Index/ADX (14)	10.04	NEGATIVE	The low ADX value for BFSA.DE suggests a weak or negative trend.