Bel20 (BEL20.BXS)

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

Weak Positive

Low risk

Automatic technical analysis. Short term, Apr 25, 2025

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)

Period	Vol.bal.	Volatility	+/- %
1 day	-	0.65%	+0.37%
5 days	0.00	2.15%	+2.50%
22 days	0.00	4.96%	-3.76%
66 days	0.00	8.52%	+0.89%

More analyses of Bel20

Candlesticks

Short term: Weak Positive

Medium term: Hold

Long term: Hold

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