BE SEMICONDUCTOR - 1H - Technical analysis published on 02/02/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
89%
6%
6%
My opinion
Bullish above 67.86 EUR
My targets
71.65 EUR (+4.02%)
72.77 EUR (+5.65%)
My analysis
BE SEMICONDUCTOR is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 67.86 EUR. The next resistance located at 71.65 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 72.77 EUR. After this resistance, buyers could then target 83.16 EUR. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.4
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Additional analysis
Quotes
BE SEMICONDUCTOR rating 68.88 EUR. On the day, this instrument gained +5.26% and was traded between 67.34 EUR and 69.16 EUR over the period. The price is currently at +2.29% from its lowest and -0.40% from its highest.67.34
69.16
68.88
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by BE SEMICONDUCTOR:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this BE SEMICONDUCTOR chart shows a strongly bullish trend. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, 16 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 65.92 | 66.86 | 67.86 | 68.88 | 71.65 | 83.16 |
| Change (%) | -4.30% | -2.93% | -1.48% | - | +4.02% | +20.73% |
| Change | -2.96 | -2.02 | -1.02 | - | +2.77 | +14.28 |
| Level | Major | Minor | Intermediate | - | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 63.11 | 63.97 | 64.71 | 65.57 | 66.31 | 67.17 | 67.91 |
| Camarilla | 65.00 | 65.15 | 65.29 | 65.44 | 65.59 | 65.73 | 65.88 |
| Woodie | 63.04 | 63.94 | 64.64 | 65.54 | 66.24 | 67.14 | 67.84 |
| Fibonacci | 63.97 | 64.59 | 64.96 | 65.57 | 66.19 | 66.56 | 67.17 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 60.47 | 62.13 | 64.57 | 66.23 | 68.67 | 70.33 | 72.77 |
| Camarilla | 65.89 | 66.27 | 66.64 | 67.02 | 67.40 | 67.77 | 68.15 |
| Woodie | 60.87 | 62.33 | 64.97 | 66.43 | 69.07 | 70.53 | 73.17 |
| Fibonacci | 62.13 | 63.69 | 64.66 | 66.23 | 67.79 | 68.76 | 70.33 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 47.78 | 52.32 | 58.80 | 63.34 | 69.82 | 74.36 | 80.84 |
| Camarilla | 62.25 | 63.26 | 64.27 | 65.28 | 66.29 | 67.30 | 68.31 |
| Woodie | 48.75 | 52.81 | 59.77 | 63.83 | 70.79 | 74.85 | 81.81 |
| Fibonacci | 52.32 | 56.53 | 59.13 | 63.34 | 67.55 | 70.15 | 74.36 |
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): | 71.46 | |
| MACD (12,26,9): | 0.8400 | |
| Directional Movement: | 28.94 | |
| AROON (14): | 92.86 | |
| DEMA (21): | 67.18 | |
| Parabolic SAR (0,02-0,02-0,2): | 65.77 | |
| Elder Ray (13): | 2.10 | |
| Super Trend (3,10): | 66.60 | |
| Zig ZAG (10): | 68.88 | |
| VORTEX (21): | 1.2000 | |
| Stochastique (14,3,5): | 94.97 | |
| TEMA (21): | 68.06 | |
| Williams %R (14): | -5.09 | |
| Chande Momentum Oscillator (20): | 3.10 | |
| Repulse (5,40,3): | 1.2500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0700 | |
| Courbe Coppock: | 8.60 |
| MA7: | 66.16 | |
| MA20: | 65.30 | |
| MA50: | 61.97 | |
| MA100: | 56.17 | |
| MAexp7: | 67.68 | |
| MAexp20: | 66.33 | |
| MAexp50: | 65.77 | |
| MAexp100: | 65.27 | |
| Price / MA7: | +4.11% | |
| Price / MA20: | +5.48% | |
| Price / MA50: | +11.15% | |
| Price / MA100: | +22.63% | |
| Price / MAexp7: | +1.77% | |
| Price / MAexp20: | +3.84% | |
| Price / MAexp50: | +4.73% | |
| Price / MAexp100: | +5.53% |
Quotes :
-
15 min delayed data
-
Euronext Amsterdam
News
Don't forget to follow the news on BE SEMICONDUCTOR. At the time of publication of this analysis, the latest news was as follows:
- Strong Q4-17 Results. Revenue and Net Income of € 153.2 Million and € 43.6 Million Up 64.6% and 161.1%, Respectively, vs. Q4-16. Orders of € 149.4 Million Up 63.5% vs. Q4-16
- Besi Posts Strong Q3-17 and YTD-17 Results
- Besi Posts Strong Q2-17 and H1-17 Results
- Besi Reports Q1-17 Revenue of € 110.2 Million and Net Income of € 24.3 Million
-
BE Semiconductor Inds
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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