BENTLEY SYSTEMS INC-CLASS B (BSY)

US08265T2087 - Common Stock

56.46  +0.38 (+0.68%)

After market: 55.135 -1.33 (-2.35%)

Technical Rating and Analysis

9

We assign a technical rating of 9 out of 10 to BSY. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BSY is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that BSY is one of the better performing stocks in the market, outperforming 71% of all stocks.
A new 52 week high is currently being made by BSY, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month BSY has a been trading in the 51.38 - 56.49 range, which is quite wide. It is currently trading near the high of this range.
BSY has an average volume of 1501670 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
BSY is an average performer in the Software industry, it outperforms 67% of 277 stocks in the same industry.
Weekly and Daily overview Charts
BSY Weekly chart
BSY Daily chart
Setup Rating and Analysis

3

Although BSY has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

45.45

57.02

We found 6 important support areas.

  • A support zone ranging from 55.18 to 55.39. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 51.46 to 51.72. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @49.27 from a trend line in the weekly time frame.
  • A support zone ranging from 47.95 to 48.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @46.73 from a horizontal line in the daily time frame.
  • Support @45.91 from a horizontal line in the weekly time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.82
Mansfield-0.3
10 Day High56.49
10 Day Low53.21
20 Day High56.49
20 Day Low51.38
52 Week High56.49
52 Week Low44.76
Performance
1 Week1.77%
2 Weeks6.05%
1 Month7.62%
3 Month6.21%
6 Month6.75%
12 Month22.58%
2 Year64.22%
3 Year-1.57%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.18
RSI(14)66.91
LBB51.27
UBB57.41
BSY Daily chart

BENTLEY SYSTEMS INC-CLASS B

NASDAQ:BSY (5/17/2024, 7:00:02 PM)

After market: 55.135 -1.33 (-2.35%)

56.46

+0.38 (+0.68%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.68%
1 Week1.77%
2 Weeks6.05%
1 Month7.62%
3 Month6.21%
6 Month6.75%
12 Month22.58%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.02
ATR(20)%1.92%
ATR Inc
Range Today0.68
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High56.49
10 Day Low53.21
20 Day High56.49
20 Day Low51.38
52 Week High56.49
52 Week Low44.76
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume894.80K
Volume Incr-54.92%
Vol(5)979.54K
Vol(50)1.50M