Bel20 (BEL20.BXS)

Close: 3 234.90 (-25.52), Sep 29, 2020
Negative

Medium risk

Automatic technical analysis. Medium term, Sep 29, 2020

Bel20 is within an approximate horizontal trend channel in the medium long term. This indicates that investors are uncertain and waiting for signals of further direction. A break upwards will be a positive signal, while a break downwards will be a negative signal. The index gave a negative signal from rectangle formation by the break down through the support at 3275. Further fall to 3015 or lower is signaled. The index has support at points 2530 and resistance at points 3560. The index is overall assessed as technically negative for the medium long term.

Recommendation one to six months: Negative (Score: -71)

Period  
Vol.bal. Volatility Liquidity +/- %
1 day-1.09%0.00-0.78%
5 days0.003.77%0.00+0.44%
22 days0.0010.44%0.00-4.25%
66 days0.0023.07%0.00-2.75%

More analyses of Bel20

chart Bel20 (BEL20) Candlesticks 22 Days
Candlesticks
chart Bel20 (BEL20) Short term
Short term: Negative
chart Bel20 (BEL20) Medium term
Medium term: Negative
chart Bel20 (BEL20) Long term
Long term: Weak Positive
 


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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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