BENCHMARK ELECTRONICS INC (BHE)

US08160H1014 - Common Stock

30.3  -0.29 (-0.95%)

After market: 30.3 0 (0%)

Technical Rating and Analysis

10

Overall BHE gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BHE is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, BHE did better than 88% of all other stocks. We also observe that the gains produced by BHE over the past year are nicely spread over this period.
BHE is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 78% of 127 stocks in the same industry.
BHE is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so BHE is performing more or less in line with the market.
In the last month BHE has a been trading in the 28.64 - 30.83 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Weekly and Daily overview Charts
BHE Weekly chart
BHE Daily chart
Setup Rating and Analysis

8

BHE has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 30.00, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

25.25

31.56

We found 3 important support areas.

  • A support zone ranging from 29.47 to 30.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 28.60 to 29.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @25.50 from a trend line in the weekly time frame.

We can see 2 important resistance areas.

  • Resistance @30.69 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 31.25 to 31.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.47
Mansfield0.53
10 Day High30.83
10 Day Low29.08
20 Day High30.83
20 Day Low28.64
52 Week High31.75
52 Week Low20.58
Performance
1 Week1.47%
2 Weeks2.71%
1 Month0.36%
3 Month12.43%
6 Month25.99%
12 Month41.92%
2 Year27.53%
3 Year0.93%
5 Year12.1%
10 Year30.72%
15 Year149.79%
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)
Technical Indicators
MACD(12,26,9)0.09
RSI(14)55.28
LBB28.97
UBB30.75
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
30.7029.461.24 (4.04%)24.76%
An entry @30.70. This is a Buy Stop order right above the resistance zone.An exit @29.46. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 1.24 points, which is 4.04%.For a 1.00% total portfolio risk, you can invest 24.76% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BHE Daily chart

BENCHMARK ELECTRONICS INC

NYSE:BHE (4/25/2024, 7:04:00 PM)

After market: 30.3 0 (0%)

30.3

-0.29 (-0.95%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-0.95%
1 Week1.47%
2 Weeks2.71%
1 Month0.36%
3 Month12.43%
6 Month25.99%
12 Month41.92%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.62
ATR(20)%2.06%
ATR Inc
Range Today0.41
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High30.83
10 Day Low29.08
20 Day High30.83
20 Day Low28.64
52 Week High31.75
52 Week Low20.58
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume185.60K
Volume Incr-11.11%
Vol(5)254.90K
Vol(50)317.50K