BENCHMARK ELECTRONICS INC (BHE) Technical Analysis
NYSE:BHE • US08160H1014
Current stock price
63 USD
+0.81 (+1.3%)
At close:
63 USD
0 (0%)
After Hours:
BHE Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to BHE. Both in the recent history as in the last year, BHE has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that BHE is one of the better performing stocks in the market, outperforming 90% of all stocks. We also observe that the gains produced by BHE over the past year are nicely spread over this period.
- BHE is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry. BHE outperforms 70% of them.
- BHE is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month BHE has a been trading in the 52.83 - 62.98 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
BHE Weekly and Daily overview Charts
BHE Setup Rating and Analysis
Although BHE has an excellent technical rating, it does not present a decent entry opportunity 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
BHE Support and Resistance Analysis
38.77
63.63
5 important support areas can be observed.
- A support zone ranging from 56.33 to 57.09. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 54.68 to 54.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 52.88 to 53.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @50.88 from a trend line in the daily time frame.
- Support @39.16 from a trend line in the weekly time frame.
BHE 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 BHE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BHE is up. |
| ChartMill Relative Strength | 90.94 | POSITIVE | BHE has a high relative strength, it outperformed 90.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BHE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BHE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BHE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.52 | NEUTRAL | The RSI value for BHE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.53 | POSITIVE | The MACD value suggests BHE has a positive trend. |
| Stochastics (14,3) | 78.27 | NEUTRAL | The Stochastics value for BHE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.82 | MEDIUM VOLATILITY | The ATR as a percentage value for BHE suggests some volalility. |
| Average Directional Index/ADX (14) | 17.44 | NEGATIVE | The low ADX value for BHE suggests a weak or negative trend. |
BHE Chart- and CandleStick Pattern Analysis
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)
BHE Technicals: Chart, Performance Metrics, Trend & Indicators
63
+0.81 (+1.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg1.3%
1 Week8.55%
2 Weeks5.35%
1 Month13.49%
3 Month38.05%
6 Month72.89%
12 Month76.53%
2 Year105.86%
3 Year191.29%
5 Year107.16%
10 Year220.24%
15 Year267.99%
Volatility
ATR(14)2.59
ATR(20)%3.82%
ATR Inc46.94%
Range Today1.04
ADR(20)2.05
ADR(20)%3.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.94
3 months CRS96.08
6 months CRS96.55
Mansfield3.48
10 Day High62.98
10 Day Low53.36
20 Day High62.98
20 Day Low52.83
52 Week High62.98
52 Week Low32.11
CS1 End57.09
CR1 StartN/A
Volume & EV
DER(3)0.89%
DER(5)-0.34%
Volume230.83K
Volume Incr-25.27%
Vol(5)312.84K
Vol(50)365.78K
BENCHMARK ELECTRONICS INC / BHE TA FAQ
What is the technical rating for BHE stock?
ChartMill assigns a technical rating of 10 / 10 to BHE.
What is the trend direction for BHE stock?
The current trend direction for BENCHMARK ELECTRONICS INC (BHE) is Bullish.
Can you provide the RSI signal for BENCHMARK ELECTRONICS INC?
BENCHMARK ELECTRONICS INC (BHE) has an RSI value of 64.5243. This indicates that the stock is currently neutral.
What is the MACD signal for BHE stock?
The MACD indicator for BENCHMARK ELECTRONICS INC (BHE) has a value of 0.527428, indicating a bearish trend.
What is the buy/sell signal for BENCHMARK ELECTRONICS INC (BHE) stock?
The buy/sell signal for BENCHMARK ELECTRONICS INC (BHE) is buy as both the short term and long term trends are positive.