BE SEMICONDUCTOR - 1H - Technical analysis published on 04/24/2024 (GMT)
- 152
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Slightly bearish
Technical indicators
72%
6%
22%
My opinion
Bullish above 136.00 EUR
My targets
141.25 EUR (+2.32%)
146.56 EUR (+6.16%)
My analysis
The strong short-term increase in BE SEMICONDUCTOR calls into question the currently slightly bearish basic trend. A trend reversal is likely. As long as the price remains above 136.00 EUR, you could consider taking advantage of the short-term movement. The first bullish objective is located at 141.25 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 146.56 EUR as an objective. Crossing it would then enable buyers to target 152.31 EUR. Caution, a return under 136.00 EUR could jeopardize the reversal.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
2.5
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
The BE SEMICONDUCTOR rating is 138.05 EUR. The price registered an increase of +3.37% on the session and was between 137.05 EUR and 139.55 EUR. This implies that the price is at +0.73% from its lowest and at -1.07% from its highest.137.05
139.55
138.05
The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this BE SEMICONDUCTOR chart shows a slightly bearish trend. 57.14% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages indicate that this slightly bearish trend could quickly be reversed. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
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
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 127.23 | 130.75 | 136.00 | 138.05 | 141.25 | 146.56 | 152.31 |
| Change (%) | -7.84% | -5.29% | -1.48% | - | +2.32% | +6.16% | +10.33% |
| Change | -10.82 | -7.30 | -2.05 | - | +3.20 | +8.51 | +14.26 |
| Level | Intermediate | Intermediate | Major | - | Minor | Intermediate | Major |
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 | 128.72 | 129.98 | 131.77 | 133.03 | 134.82 | 136.08 | 137.87 |
| Camarilla | 132.71 | 132.99 | 133.27 | 133.55 | 133.83 | 134.11 | 134.39 |
| Woodie | 128.98 | 130.11 | 132.03 | 133.16 | 135.08 | 136.21 | 138.13 |
| Fibonacci | 129.98 | 131.15 | 131.87 | 133.03 | 134.20 | 134.92 | 136.08 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 115.58 | 124.37 | 128.93 | 137.72 | 142.28 | 151.07 | 155.63 |
| Camarilla | 129.83 | 131.05 | 132.28 | 133.50 | 134.72 | 135.95 | 137.17 |
| Woodie | 113.48 | 123.31 | 126.83 | 136.66 | 140.18 | 150.01 | 153.53 |
| Fibonacci | 124.37 | 129.47 | 132.62 | 137.72 | 142.82 | 145.97 | 151.07 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 77.10 | 104.50 | 123.20 | 150.60 | 169.30 | 196.70 | 215.40 |
| Camarilla | 129.22 | 133.45 | 137.67 | 141.90 | 146.13 | 150.35 | 154.58 |
| Woodie | 72.75 | 102.33 | 118.85 | 148.43 | 164.95 | 194.53 | 211.05 |
| Fibonacci | 104.50 | 122.11 | 132.99 | 150.60 | 168.21 | 179.09 | 196.70 |
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): | 61.78 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 16.89 | |
| AROON (14): | 71.42 | |
| DEMA (21): | 134.30 | |
| Parabolic SAR (0,02-0,02-0,2): | 131.93 | |
| Elder Ray (13): | 3.11 | |
| Super Trend (3,10): | 133.10 | |
| Zig ZAG (10): | 137.95 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 85.23 | |
| TEMA (21): | 135.70 | |
| Williams %R (14): | -20.45 | |
| Chande Momentum Oscillator (20): | 6.10 | |
| Repulse (5,40,3): | -0.0900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.1100 | |
| Courbe Coppock: | 3.60 |
| MA7: | 137.28 | |
| MA20: | 143.31 | |
| MA50: | 150.20 | |
| MA100: | 144.00 | |
| MAexp7: | 135.90 | |
| MAexp20: | 134.84 | |
| MAexp50: | 136.75 | |
| MAexp100: | 139.54 | |
| Price / MA7: | +0.56% | |
| Price / MA20: | -3.67% | |
| Price / MA50: | -8.09% | |
| Price / MA100: | -4.13% | |
| Price / MAexp7: | +1.58% | |
| Price / MAexp20: | +2.38% | |
| Price / MAexp50: | +0.95% | |
| Price / MAexp100: | -1.07% |
Quotes :
-
15 min delayed data
-
Euronext Amsterdam
News
The last news published on BE SEMICONDUCTOR at the time of the generation of this analysis 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
Online
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…
Add a comment
Comments
0 comments on the analysis BE SEMICONDUCTOR - 1H