BENTLEY SYSTEMS INC-CLASS B (BSY)

US08265T2087 - Common Stock

51.79  +0.21 (+0.41%)

Technical Rating and Analysis

6

Taking everything into account, BSY scores 6 out of 10 in our technical rating. In the last year, BSY was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.

The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
BSY is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BSY is lagging the market slightly.
In the last month BSY has a been trading in the 47.94 - 52.41 range, which is quite wide. It is currently trading near the high of this range.
BSY has an average volume of 1032490 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, BSY outperforms 63% of them, which is more or less in line with the market.
BSY is an average performer in the Software industry, it outperforms 58% of 279 stocks in the same industry.
Weekly and Daily overview Charts
BSY Weekly chart
BSY Daily chart
Setup Rating and Analysis

4

BSY 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.

Support and Resistance Analysis

45.45

54.78

4 important support areas can be observed.

  • A support zone ranging from 49.10 to 51.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 48.13 to 48.26. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A support zone ranging from 46.72 to 46.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @45.91 from a horizontal line in the weekly time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 52.96 to 52.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 54.23 to 54.24. 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
CRS63.18
Mansfield-1.05
10 Day High52.41
10 Day Low48.34
20 Day High52.41
20 Day Low47.94
52 Week High55.37
52 Week Low40.89
Performance
1 Week1.56%
2 Weeks5.96%
1 Month1.5%
3 Month-1.15%
6 Month2.83%
12 Month19.98%
2 Year16.75%
3 Year9.91%
5 YearN/A
10 YearN/A
15 YearN/A
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)0.28
RSI(14)56.35
LBB47.59
UBB52.49
BSY Daily chart

BENTLEY SYSTEMS INC-CLASS B

NASDAQ:BSY (3/28/2024, 9:48:35 AM)

51.79

+0.21 (+0.41%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.41%
1 Week1.56%
2 Weeks5.96%
1 Month1.5%
3 Month-1.15%
6 Month2.83%
12 Month19.98%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.96
ATR(20)%2.24%
ATR Inc
Range Today0.36
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 High52.41
10 Day Low48.34
20 Day High52.41
20 Day Low47.94
52 Week High55.37
52 Week Low40.89
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume17.61K
Volume Incr-37.69%
Vol(5)841.00K
Vol(50)1.03M