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$BEO (Beonic Ltd) Price Analysis
Buy, Hold or Sell?

Let's analyze Beonic Ltd together

Penke

I guess you are interested in Beonic Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

  • πŸ“ˆ Technical Analysis (TA) – Beonic Ltd’s Price Targets

I'm going to help you getting a better view of Beonic Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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Technical Analysis of Beonic Ltd
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Beonic Ltd. The general trend of Beonic Ltd is BEARISH with 14.3% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Beonic Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-14.3%) Bearish trend (14.3%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Neutral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Neutral to overboughtOverbought=Overbought

1. Beonic Ltd Price Targets

1.1 sr

Score

Let's take a look at the sr of Beonic Ltd.

  • The price is trading between support and resistance lines.
Beonic Ltd Daily sr Chart
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2. Trend Indicators

2.1 Moving Averages

Score

Let's take a look at the Moving Averages of Beonic Ltd.

  • The SHORT shows a strengthening upward trend.
  • Price action is supported by the SHORT.
  • The SHORT is lagging behind the MEDIUM, indicating weaker trend alignment.
  • The SHORT is lagging behind the INTER, indicating weaker trend alignment.
  • The SHORT is lagging behind the LONG, indicating weaker trend alignment.
  • The MEDIUM shows a strengthening upward trend.
  • Price action is supported by the MEDIUM.
  • The MEDIUM is lagging behind the INTER, indicating weaker trend alignment.
  • The MEDIUM is lagging behind the LONG, indicating weaker trend alignment.
  • The INTER shows weakening trend behaviour.
  • Price action is supported by the INTER.
  • The INTER is lagging behind the LONG, indicating weaker trend alignment.
  • The LONG shows weakening trend behaviour.
  • Price action is supported by the LONG.

Directionalities and relatives.

Moving AverageTrendPricevs. MEDIUMvs. INTERvs. LONG
SHORT
MEDIUM
INTER
LONG

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Beonic Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Beonic Ltd.

  • Momentum is leaning bullish. Buying pressure currently dominates selling pressure, suggesting growing optimism and increased willingness to accumulate Beonic Ltd.
  • Overall momentum is positive. Market conditions reflect constructive sentiment, with buyers gradually gaining influence and supporting a favorable environment for Beonic Ltd.
  • Momentum is improving. Bullish pressure is strengthening as confidence builds and market participants position for potential continuation.
Beonic Ltd Daily Moving Average Convergence/Divergence (MACD) ChartBeonic Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

Score

Let's take a look at the Directional Movement Index (DMI) of Beonic Ltd.

  • Directional bias favors buyers. Buying pressure currently dominates selling pressure, reflecting constructive sentiment and growing confidence among market participants.
  • Directional bias leans bullish while trend strength is beginning to build, often seen during early stages of trend development.
Beonic Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Score

Let's take a look at the Parabolic SAR of Beonic Ltd.

  • Price action is supported by the prevailing trend structure, which is commonly interpreted as a bullish market signal.
Beonic Ltd Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Score

Let's take a look at the Relative Strength Index (RSI) of Beonic Ltd. The current phase is Correction in bear market.

  • Extended price decline in a downtrend, significant pullback. Consider reducing exposure, wait for signs of trend reversal.
  • Momentum is improving as buying interest gradually strengthens.
Beonic Ltd Daily Relative Strength Index (RSI) ChartBeonic Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Score

Let's take a look at the Stochastic Oscillator of Beonic Ltd. The current phase is Overbought in bear market.

  • Momentum favors buyers, indicating constructive short-term market participation.
  • Momentum is stretched to the upside, suggesting the market may be overheated and vulnerable to a pause or pullback.
  • Momentum is leaning bullish, with buying pressure currently dominating selling interest and supporting positive short-term sentiment for Beonic Ltd.
  • Momentum is weakening as selling pressure increases and short-term sentiment deteriorates.
Beonic Ltd Daily Stochastic Oscillator ChartBeonic Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Score

Let's take a look at the Commodity Channel Index (CCI) of Beonic Ltd.

  • Price action appears stretched to the upside, suggesting momentum may be overheated and vulnerable to a pause or pullback.
Beonic Ltd Daily Commodity Channel Index (CCI) ChartBeonic Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Beonic Ltd.

  • Momentum is leaning positive, indicating constructive market conditions and increasing upside participation.
Beonic Ltd Daily Chande Momentum Oscillator (CMO) ChartBeonic Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

Score

Let's take a look at the Williams %R of Beonic Ltd.

  • Upward momentum appears stretched, suggesting buying pressure may be excessive and a pause or pullback could occur.
Beonic Ltd Daily Williams %R ChartBeonic Ltd Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Score

Let's take a look at the Bollinger Bands of Beonic Ltd.

Beonic Ltd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)

Score

Let's take a look at the Average True Range (ATR) of Beonic Ltd.

Beonic Ltd Daily Average True Range (ATR) ChartBeonic Ltd Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

Score

Let's take a look at the On-Balance Volume (OBV) of Beonic Ltd.

Beonic Ltd Daily On-Balance Volume (OBV) ChartBeonic Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Score

Let's take a look at the Money Flow Index (MFI) of Beonic Ltd.

  • Money flow favors buyers, indicating constructive participation and supportive market conditions.
  • Buying pressure appears excessive, suggesting the market may be overheated and vulnerable to a pause or pullback.
Beonic Ltd Daily Money Flow Index (MFI) ChartBeonic Ltd Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Beonic Ltd.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal

6.3. Candlestick Patterns

Beonic Ltd Daily Candlestick Chart
DateCandlestick Pattern
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