BENSON HILL INC.

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	BHIL
ISIN:

BENSON HILL INC. - 1H - Technical analysis published on 05/08/2024 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

83%

17%

My opinion

Bullish above 0.2067 USD

My targets

0.2300 USD (+4.88%)

0.2420 USD (+10.35%)

My analysis

BENSON HILL INC. 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 0.2067 USD. The next resistance located at 0.2300 USD 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 0.2420 USD. After this resistance, buyers could then target 0.4600 USD. 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, 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

8.8

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. price is 0.2193 USD. On the day, this instrument gained +9.71% with the lowest point at 0.2000 USD and the highest point at 0.2300 USD. The deviation from the price is +9.65% for the low point and -4.65% for the high point.

0.2000

0.2300

0.2193

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:

The Central Records scanner for higher/lower results shows an item:

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in 1H of this BENSON HILL INC. chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near support of triangle

Type : Bullish

Timeframe : 1 hour

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.1626	0.1800	0.1958	0.2193	0.2200	0.2300	0.2420
Change (%)	-25.85%	-17.92%	-10.72%	-	+0.32%	+4.88%	+10.35%
Change	-0.0567	-0.0393	-0.0235	-	+0.0007	+0.0107	+0.0227
Level	Minor	Intermediate	Major	-	Intermediate	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	0.1729	0.1864	0.2029	0.2164	0.2329	0.2464	0.2629
Camarilla	0.2111	0.2138	0.2166	0.2193	0.2221	0.2248	0.2276
Woodie	0.1743	0.1872	0.2043	0.2172	0.2343	0.2472	0.2643
Fibonacci	0.1864	0.1979	0.2050	0.2164	0.2279	0.2350	0.2464

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):	59.83
MACD (12,26,9):	0.0057
Directional Movement:	6.9135
AROON (14):	57.1429
DEMA (21):	0.2158
Parabolic SAR (0,02-0,02-0,2):	0.1972
Elder Ray (13):	0.0056
Super Trend (3,10):	0.1870
Zig ZAG (10):	0.2193
VORTEX (21):	1.1042
Stochastique (14,3,5):	62.70
TEMA (21):	0.2185
Williams %R (14):	-29.48
Chande Momentum Oscillator (20):	0.0070
Repulse (5,40,3):	1.3863
ROCnROLL:	1
TRIX (15,9):	0.3676
Courbe Coppock:	12.65

MA7:	0.2004
MA20:	0.1896
MA50:	0.2027
MA100:	0.1919
MAexp7:	0.2149
MAexp20:	0.2087
MAexp50:	0.2008
MAexp100:	0.1962
Price / MA7:	+9.43%
Price / MA20:	+15.66%
Price / MA50:	+8.19%
Price / MA100:	+14.28%
Price / MAexp7:	+2.05%
Price / MAexp20:	+5.08%
Price / MAexp50:	+9.21%
Price / MAexp100:	+11.77%

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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