BE SEMICONDUCTOR - 1H - Technical analysis published on 05/30/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 103.60 EUR
My targets
106.97 EUR (+0.67%)
111.73 EUR (+5.16%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on BE SEMICONDUCTOR as long as the price remains well above 103.60 EUR. The buyers' bullish objective is set at 106.97 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 111.73 EUR. If there is any crossing, the next objective would be the resistance located at 120.12 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.6
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Additional analysis
Quotes
BE SEMICONDUCTOR rating 106.25 EUR. On the day, this instrument gained +3.01% and was traded between 102.70 EUR and 106.45 EUR over the period. The price is currently at +3.46% from its lowest and -0.19% from its highest.102.70
106.45
106.25
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by BE SEMICONDUCTOR:
New HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of BE SEMICONDUCTOR in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% 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, 15 technical indicators on 18 studied 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
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of channel
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 95.66 | 98.94 | 103.60 | 106.25 |
| Change (%) | -9.97% | -6.88% | -2.49% | - |
| Change | -10.59 | -7.31 | -2.65 | - |
| Level | Minor | Minor | Intermediate | - |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 100.97 | 101.58 | 102.37 | 102.98 | 103.77 | 104.38 | 105.17 |
| Camarilla | 102.77 | 102.89 | 103.02 | 103.15 | 103.28 | 103.41 | 103.54 |
| Woodie | 101.05 | 101.63 | 102.45 | 103.03 | 103.85 | 104.43 | 105.25 |
| Fibonacci | 101.58 | 102.12 | 102.45 | 102.98 | 103.52 | 103.85 | 104.38 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 80.67 | 85.43 | 93.82 | 98.58 | 106.97 | 111.73 | 120.12 |
| Camarilla | 98.58 | 99.79 | 101.00 | 102.20 | 103.41 | 104.61 | 105.82 |
| Woodie | 82.48 | 86.34 | 95.63 | 99.49 | 108.78 | 112.64 | 121.93 |
| Fibonacci | 85.43 | 90.46 | 93.56 | 98.58 | 103.61 | 106.71 | 111.73 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 62.27 | 66.65 | 73.99 | 78.37 | 85.71 | 90.09 | 97.43 |
| Camarilla | 78.12 | 79.19 | 80.27 | 81.34 | 82.41 | 83.49 | 84.56 |
| Woodie | 63.76 | 67.39 | 75.48 | 79.11 | 87.20 | 90.83 | 98.92 |
| Fibonacci | 66.65 | 71.12 | 73.89 | 78.37 | 82.84 | 85.61 | 90.09 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 79.69 | |
| MACD (12,26,9): | 1.8200 | |
| Directional Movement: | 41.68 | |
| AROON (14): | 100.00 | |
| DEMA (21): | 105.04 | |
| Parabolic SAR (0,02-0,02-0,2): | 103.13 | |
| Elder Ray (13): | 1.91 | |
| Super Trend (3,10): | 102.68 | |
| Zig ZAG (10): | 106.10 | |
| VORTEX (21): | 1.2700 | |
| Stochastique (14,3,5): | 95.06 | |
| TEMA (21): | 105.30 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 3.50 | |
| Repulse (5,40,3): | 2.9900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2700 | |
| Courbe Coppock: | 6.00 |
| MA7: | 98.84 | |
| MA20: | 91.04 | |
| MA50: | 81.59 | |
| MA100: | 74.16 | |
| MAexp7: | 104.34 | |
| MAexp20: | 102.58 | |
| MAexp50: | 99.25 | |
| MAexp100: | 95.32 | |
| Price / MA7: | +7.50% | |
| Price / MA20: | +16.71% | |
| Price / MA50: | +30.22% | |
| Price / MA100: | +43.27% | |
| Price / MAexp7: | +1.83% | |
| Price / MAexp20: | +3.58% | |
| Price / MAexp50: | +7.05% | |
| Price / MAexp100: | +11.47% |
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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