B/E Aerospace Fund Forecast

Evaluation of B/E Aerospace fund downgraded after the last trading session.
(Updated on Apr 24, 2017)

BEAV Signals & Forecast

The B/E Aerospace fund holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $64.47 and $64.37. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, March 24, 2017, and so far it has risen 0.83%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for B/E Aerospace fund

B/E Aerospace finds support from accumulated volume at $63.93 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the fund tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the fund During the last day, the fund moved $0 between high and low, or 0%. For the last week the fund has had daily average volatility of 0%

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (BEAV) For The Upcoming Trading Day Of Tuesday 25th

For the upcoming trading day on Tuesday, 25th we expect B/E Aerospace to open at $64.47, and during the day (based on 14 day Average True Range), to move between $64.20 and $64.74, which gives a possible trading interval of +/-$0.274 (+/-0.42%) up or down from last closing price. If B/E Aerospace takes out the full calculated possible swing range there will be an estimated 0.85% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $64.50 (0.05%) than the support at $63.93 (0.84%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is B/E Aerospace fund A Buy?

B/E Aerospace holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this fund. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this fund since the last evaluation from a Buy to a Sell candidate.

Current score: -1.650 Sell Candidate Downgraded

Predicted Opening Price for B/E Aerospace of Tuesday, April 25, 2017

The predicted opening price is based on yesterday's movements between high, low, and closing price.