Taking everything into account, BSY scores 0 out of 10 in our technical rating. BSY's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
BSY has a poor technical rating and the quality of the setup is also only medium 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.
More info and screens
40.83
We can see 2 important resistance areas.
- A resistance zone ranging from 41.25 to 41.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 55.37 to 55.65. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 | 15.57 | NEGATIVE | BSY has a low relative strength, it was outperformed by 84.43% 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) | 25.94 | OVERSOLD | The low RSI value suggests BSY may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.26 | NEGATIVE | The MACD value suggests BSY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.53 | OVERSOLD | The low Stochastics value suggests BSY may be oversold. |
| Average True Range in percent/ATR (20) | 3.47 | MEDIUM VOLATILITY | The ATR as a percentage value for BSY suggests some volalility. |
| Average Directional Index/ADX (14) | 48.11 | POSITIVE | The high ADX value value for BSY suggests a strong trend. |
41.24
+0.15 (+0.37%)
BENTLEY SYSTEMS INC-CLASS B / BSY FAQ
Can you provide the ChartMill technical rating for BENTLEY SYSTEMS INC-CLASS B?
ChartMill assigns a technical rating of 0 / 10 to BSY.
What is the current trend direction of BENTLEY SYSTEMS INC-CLASS B (BSY) stock?
The current trend direction for BENTLEY SYSTEMS INC-CLASS B (BSY) is Bearish.
Can you provide the RSI signal for BENTLEY SYSTEMS INC-CLASS B?
BENTLEY SYSTEMS INC-CLASS B (BSY) has an RSI value of 25.936. This indicates that the stock is currently oversold.
Can you provide the MACD signal for BENTLEY SYSTEMS INC-CLASS B?
The MACD indicator for BENTLEY SYSTEMS INC-CLASS B (BSY) has a value of -0.258447, indicating a bearish trend.
What is the buy/sell signal for BENTLEY SYSTEMS INC-CLASS B (BSY) stock?
The buy/sell signal for BENTLEY SYSTEMS INC-CLASS B (BSY) is sell as both the short term and long term trends are negative.