BENSON HILL INC.

- USD (-)

- 15 min delayed data - NYSE Stocks

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Change:	-
Volume:	-

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Type:	Stocks
Ticker:	BHIL
ISIN:

BENSON HILL INC. - Weekly - Technical analysis published on 05/10/2024 (GMT)

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Timeframe : Weekly
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Neutral

Underlying: Strongly bearish

Technical indicators

28%

22%

50%

My opinion

Bearish under 0.2303 USD

My targets

0.1958 USD (-4.02%)

My analysis

With a strongly bearish trend, the price of BENSON HILL INC. is trying to inflate a little while more or less stagnating in the short term. Is the price preparing for a rebound or a bearish rally recovery? Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 0.2303 USD remains possible. It would be possible for traders to only trade short positions (for sale) on BENSON HILL INC. as long as the price remains well below 0.2303 USD. The next bearish objective for sellers is set at 0.1958 USD. A bearish break of this support would revive the bearish momentum.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.

Force

4.1

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Qaisali123. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The BENSON HILL INC. rating is 0.2040 USD. Over 5 days, this instrument lost -7.27% with the lowest point at 0.1937 USD and the highest point at 0.2300 USD. The deviation from the price is +5.32% for the low point and -11.30% for the high point.

0.1937

0.2300

0.2040

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by BENSON HILL INC.:

Technical

Technical analysis of this Weekly chart of BENSON HILL INC. indicates that the overall trend is strongly bearish. 82.14% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the global trend is slowing down. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : Weekly

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 9 are neutral and 4 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:

Ichimoku - Bullish crossover : Tenkan & Kijun

Type : Bullish

Timeframe : Weekly

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Momentum indicator is back under 0

Type : Bearish

Timeframe : Weekly

The analysis of the price chart with Central Patterns scanners does not return any result.

The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:

Bearish harami

Type : Bearish

Timeframe : Weekly

ProTrendLines

Price

	S1	Price	R1	R2	R3
ProTrendLines	0.1958	0.2040	2.6167	4.0100	5.5900
Change (%)	-4.02%	-	+1,182.70%	+1,865.69%	+2,640.20%
Change	-0.0082	-	+2.4127	+3.8060	+5.3860
Level	Major	-	Minor	Minor	Minor

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.1469	0.1635	0.1838	0.2004	0.2207	0.2373	0.2576
Camarilla	0.1941	0.1974	0.2008	0.2042	0.2076	0.2110	0.2144
Woodie	0.1489	0.1644	0.1858	0.2013	0.2227	0.2382	0.2596
Fibonacci	0.1635	0.1776	0.1863	0.2004	0.2145	0.2232	0.2373

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.1533	0.1667	0.1933	0.2067	0.2333	0.2467	0.2733
Camarilla	0.2090	0.2127	0.2163	0.2200	0.2237	0.2273	0.2310
Woodie	0.1600	0.1700	0.2000	0.2100	0.2400	0.2500	0.2800
Fibonacci	0.1667	0.1820	0.1914	0.2067	0.2220	0.2314	0.2467

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.0663	0.1132	0.1483	0.1952	0.2303	0.2772	0.3123
Camarilla	0.1610	0.1685	0.1760	0.1835	0.1910	0.1985	0.2061
Woodie	0.0605	0.1103	0.1425	0.1923	0.2245	0.2743	0.3065
Fibonacci	0.1132	0.1445	0.1638	0.1952	0.2265	0.2458	0.2772

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	40.79
MACD (12,26,9):	-0.0754
Directional Movement:	0.4794
AROON (14):	42.8571
DEMA (21):	0.1060
Parabolic SAR (0,02-0,02-0,2):	0.2946
Elder Ray (13):	0.0004
Super Trend (3,10):	0.3712
Zig ZAG (10):	0.2042
VORTEX (21):	1.0251
Stochastique (14,3,5):	33.13
TEMA (21):	0.2234
Williams %R (14):	-68.61
Chande Momentum Oscillator (20):	-0.0311
Repulse (5,40,3):	5.3633
ROCnROLL:	-1
TRIX (15,9):	-3.8879
Courbe Coppock:	19.32

MA7:	0.2033
MA20:	0.1900
MA50:	0.2011
MA100:	0.1923
MAexp7:	0.2006
MAexp20:	0.2319
MAexp50:	0.6170
MAexp100:	1.6490
Price / MA7:	+0.34%
Price / MA20:	+7.37%
Price / MA50:	+1.44%
Price / MA100:	+6.08%
Price / MAexp7:	+1.69%
Price / MAexp20:	-12.03%
Price / MAexp50:	-66.94%
Price / MAexp100:	-87.63%

Quotes : - 15 min delayed data - NYSE Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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