BSI Technical Analysis - BE SEMICONDUCTOR INDUSTRIES

Technical Rating and Analysis

We assign a technical rating of 4 out of 10 to BSI. BSI has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.

When comparing the yearly performance of all stocks, BSI is a bad performer in the overall market: 64% of all stocks are doing better.

Warning: BSI has an average volume of 521 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.

In the last month BSI has a been trading in the 105.80 - 129.10 range, which is quite wide. It is currently trading near the high of this range.

BSI is an average performer in the Semiconductors & Semiconductor Equipment industry, it outperforms 52% of 58 stocks in the same industry.

BSI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BSI is lagging the market.

Volume is considerably higher in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

BE SEMICONDUCTOR INDUSTRIES / BSI Weekly stock chart

BE SEMICONDUCTOR INDUSTRIES / BSI Daily stock chart

Setup Rating and Analysis

BSI has an average technical rating and the quality of the presented setup is also not ideal 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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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

103.21

131.65

2 important support areas can be observed.

A support zone ranging from 109.80 to 110.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
A support zone ranging from 104.25 to 107.15. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

A resistance zone ranging from 130.20 to 130.35. This zone is formed by a combination of multiple trend lines in multiple time frames.

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What is Support and Resistance

Support and Resistance indicators

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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 BSI.DE is neutral.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for BSI.DE is up.
ChartMill Relative Strength	36.42	NEUTRAL	BSI.DE is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	DOWN	MIXED	The current price of BSI.DE is above a declining SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of BSI.DE is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of BSI.DE is above the rising SMA(200).
Relative Strength Index/RSI (14)	53.58	NEUTRAL	The RSI value for BSI.DE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	1.38	POSITIVE	The MACD value suggests BSI.DE has a positive trend, although the MACD value is declining.
Stochastics (14,3)	84.58	OVERBOUGHT	The high Stochastics value suggests BSI.DE may be overbought.
Average True Range in percent/ATR (20)	3.07	MEDIUM VOLATILITY	The ATR as a percentage value for BSI.DE suggests some volalility.
Average Directional Index/ADX (14)	20.29	NEUTRAL	The ADX value for BSI.DE suggests a possible start of a new trend.