Bel20 (BEL20.BXS)

Close: 4 306.05 (+15.91), Apr 25, 2025
Hold

Low risk

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

Short term

Bel20 is within an approximate horizontal trend channel in the short term, which indicates further development in the same direction. The price has reacted back after meeting the objective at 4115 after the break of the double top formation. A significant penetation of 4297 will again give new negative signals to the index, while a break of the opposite side of the formation will be a strong positive signal. The index has marginally broken up through resistance at points 4300. An established break predicts a further rise. The index is overall assessed as technically slightly positive for the short term.

Recommendation one to six weeks: Weak Positive (Score: 29)

Medium term

Bel20 has broken the floor of the rising trend channel in the medium long term, which indicates a weaker initial rising rate. The index is testing resistance at points 4320. This could give a negative reaction, but an upward breakthrough of points 4320 means a positive signal. The index is assessed as technically neutral for the medium long term.

Recommendation one to six months: Hold (Score: 0)

Long term

Bel20 has broken the floor of the rising trend channel in the long term, which indicates a weaker initial rising rate. The index is testing resistance at points 4370. This could give a negative reaction, but an upward breakthrough of points 4370 means a positive signal. RSI diverges negatively against the price, which indicates danger of a reaction downwards. The index is overall assessed as technically neutral for the long term.

Recommendation one to six quarters: Hold (Score: 0)


Overall analysis

Bel20 is technically positive for the short term, and neutral for teh medium and long term.

Recommendation one to six months: Hold (Score: 16)

Period  
 Vol.bal. Volatility Liquidity +/- %
1 day-0.65%0.00+0.37%
5 days0.002.15%0.00+2.50%
22 days0.004.96%0.00-3.76%
66 days0.008.52%0.00+0.89%
 


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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