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 02/02/2023 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

89%

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

8.4

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.

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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:

The Central Records scanner for higher/lower results shows the following items:

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

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

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

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:

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

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