Overall BSY gets a technical rating of 0 out of 10. BSY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, BSY does present a nice setup opportunity. Prices have been consolidating lately.
40.87
We can see 3 important resistance areas.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for BSY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BSY is down. |
| ChartMill Relative Strength | 16.74 | NEGATIVE | BSY has a low relative strength, it was outperformed by 83.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BSY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BSY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BSY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.85 | NEUTRAL | The RSI value for BSY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.38 | POSITIVE | The MACD value suggests BSY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.57 | NEUTRAL | The Stochastics value for BSY is a neutral value. |
| Average True Range in percent/ATR (20) | 2.86 | MEDIUM VOLATILITY | The ATR as a percentage value for BSY suggests some volalility. |
| Average Directional Index/ADX (14) | 44.48 | POSITIVE | The high ADX value value for BSY suggests a strong trend. |
41.28
-0.8 (-1.9%)
ChartMill assigns a technical rating of 0 / 10 to BSY.
The current trend direction for BENTLEY SYSTEMS INC-CLASS B (BSY) is Bearish.
BENTLEY SYSTEMS INC-CLASS B (BSY) has an RSI value of 33.8476. This indicates that the stock is currently neutral.
The MACD indicator for BENTLEY SYSTEMS INC-CLASS B (BSY) has a value of 0.377745, indicating a bearish trend.
The buy/sell signal for BENTLEY SYSTEMS INC-CLASS B (BSY) is sell as both the short term and long term trends are negative.