Bel20 (BEL20.BXS)

Close: 4 246.05 (+22.95), Dec 24, 2024
Positive

Low risk

chart Bel20 (BEL20) Candlesticks 22 Days
Candlesticks
chart Bel20 (BEL20) Short term
Short term: Positive
chart Bel20 (BEL20) Medium term
Medium term: Positive
chart Bel20 (BEL20) Long term
Long term: Positive
chart Bel20 (BEL20)
RSI - Relative Strength Index

Short term

Bel20 has broken through the floor of a rising trend channel in the short term. This indicates a slower rising rate at first, or the start of a more horizontal development. The index has marginally broken up through resistance at points 4245. An established break predicts a further rise. The index is assessed as technically positive for the short term.

Recommendation one to six weeks: Positive (Score: 72)

Medium term

Investors have paid higher prices over time to buy Bel20 and the index is in a rising trend channel in the medium long term. This signals increasing optimism among investors and indicates continued rise. The index has support at points 3830 and resistance at points 4330. The index is assessed as technically positive for the medium long term.

Recommendation one to six months: Positive (Score: 59)

Long term

Bel20 is in a rising trend channel in the long term. Rising trends indicate that the market experiences positive development and that buy interest among investors is increasing. There is no resistance in the price chart and further rise is indicated. In case of a negative reaction, the index has support at approximately 3950 points. RSI diverges negatively against the price, which indicates danger of a reaction downwards. The index is overall assessed as technically positive for the long term.

Recommendation one to six quarters: Positive (Score: 87)


Overall analysis

Bel20 is technically positive for the short, medium, as well as the long term.

Recommendation one to six months: Positive (Score: 85)

Period  
 Vol.bal. Volatility Liquidity +/- %
1 day-0.60%0.00+0.54%
5 days0.002.04%0.00+0.13%
22 days0.005.19%0.00+0.42%
66 days0.009.67%0.00+0.32%
 


Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.


Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.

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