BST Technical Analysis - BASTEI LUBBE AG

Technical Rating and Analysis

Taking everything into account, BST scores 0 out of 10 in our technical rating. BST scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.

79% of all other stocks performed better in the past year than BST.

Warning: BST has an average volume of 2797 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

BST is an average performer in the Media industry, it outperforms 57% of 64 stocks in the same industry.

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

In the last month BST has a been trading in the 9.16 - 10.35 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

BASTEI LUBBE AG / BST Weekly stock chart

Setup Rating and Analysis

The technical rating of BST is bad and it also does not present a quality setup 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

9.26

10.82

We found 1 important support area.

A support zone ranging from 9.35 to 9.49. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 3 important areas.

A resistance zone ranging from 9.70 to 10.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A resistance zone ranging from 10.40 to 10.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
Resistance @10.71 from a horizontal line in the daily time frame.

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What is Support and Resistance

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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	DOWN	NEGATIVE	The long term trend for BST.DE is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for BST.DE is down.
ChartMill Relative Strength	21.19	NEGATIVE	BST.DE has a low relative strength, it was outperformed by 78.81% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of BST.DE is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of BST.DE is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of BST.DE is below a declining SMA(200).
Relative Strength Index/RSI (14)	39.12	NEUTRAL	The RSI value for BST.DE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.06	NEGATIVE	The MACD value suggests BST.DE has a negative trend, although the MACD value is rising.
Stochastics (14,3)	21.29	NEUTRAL	The Stochastics value for BST.DE is a neutral value.
Average True Range in percent/ATR (20)	2.95	MEDIUM VOLATILITY	The ATR as a percentage value for BST.DE suggests some volalility.
Average Directional Index/ADX (14)	16.8	NEGATIVE	The low ADX value for BST.DE suggests a weak or negative trend.