BE SEMICONDUCTOR

- EUR (-)

- 15 min delayed data - Euronext Amsterdam

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	BESI
ISIN:	NL0012866412

BE SEMICONDUCTOR - 1H - Technical analysis published on 01/05/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

39%

22%

My opinion

Bearish under 129.00 EUR

My targets

125.25 EUR (-0.91%)

123.65 EUR (-2.18%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on BE SEMICONDUCTOR as long as the price remains well below 129.00 EUR. The sellers' bearish objective is set at 125.25 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 123.65 EUR. In case of crossing, the next objective would be the support located at 109.80 EUR. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

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

Force

6.1

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 Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

BE SEMICONDUCTOR rating 126.40 EUR. On the day, this instrument lost -0.71% and was between 125.30 EUR and 126.90 EUR. This implies that the price is at +0.88% from its lowest and at -0.39% from its highest.

125.30

126.90

126.40

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in 1H of this BE SEMICONDUCTOR chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 7 are bullish, 4 are neutral and 7 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly

Price is back under the pivot point

Type : Bearish

Timeframe : 1 hour

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	109.80	123.65	125.25	126.40	129.00	131.00	133.60
Change (%)	-13.13%	-2.18%	-0.91%	-	+2.06%	+3.64%	+5.70%
Change	-16.60	-2.75	-1.15	-	+2.60	+4.60	+7.20
Level	Major	Minor	Intermediate	-	Minor	Minor	Minor

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	116.95	119.80	123.55	126.40	130.15	133.00	136.75
Camarilla	125.49	126.09	126.70	127.30	127.91	128.51	129.12
Woodie	117.40	120.03	124.00	126.63	130.60	133.23	137.20
Fibonacci	119.80	122.32	123.88	126.40	128.92	130.48	133.00

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	131.40	133.85	135.15	137.60	138.90	141.35	142.65
Camarilla	135.42	135.76	136.11	136.45	136.79	137.14	137.48
Woodie	130.83	133.56	134.58	137.31	138.33	141.06	142.08
Fibonacci	133.85	135.28	136.17	137.60	139.03	139.92	141.35

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	111.65	118.45	127.45	134.25	143.25	150.05	159.05
Camarilla	132.11	133.55	135.00	136.45	137.90	139.35	140.80
Woodie	112.75	119.00	128.55	134.80	144.35	150.60	160.15
Fibonacci	118.45	124.49	128.21	134.25	140.29	144.01	150.05

Numerical data

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

Technical indicators

Moving averages

RSI (14):	36.05
MACD (12,26,9):	-2.2700
Directional Movement:	-26.97
AROON (14):	-14.29
DEMA (21):	124.86
Parabolic SAR (0,02-0,02-0,2):	123.10
Elder Ray (13):	-0.49
Super Trend (3,10):	129.27
Zig ZAG (10):	126.30
VORTEX (21):	0.8100
Stochastique (14,3,5):	42.88
TEMA (21):	124.46
Williams %R (14):	-56.71
Chande Momentum Oscillator (20):	-0.55
Repulse (5,40,3):	0.5200
ROCnROLL:	2
TRIX (15,9):	-0.3000
Courbe Coppock:	6.67

MA7:	133.34
MA20:	135.06
MA50:	122.57
MA100:	109.43
MAexp7:	126.28
MAexp20:	128.03
MAexp50:	131.70
MAexp100:	133.65
Price / MA7:	-5.20%
Price / MA20:	-6.41%
Price / MA50:	+3.12%
Price / MA100:	+15.51%
Price / MAexp7:	+0.10%
Price / MAexp20:	-1.27%
Price / MAexp50:	-4.02%
Price / MAexp100:	-5.42%

Quotes : - 15 min delayed data - Euronext Amsterdam

News

The latest news and videos published on BE SEMICONDUCTOR at the time of the analysis were as follows:

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

About author

Londinia AI

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