Technical Analysis for BSY - Bentley Systems, Incorporated

Grade Last Price % Change Price Change
A 55.60 0.20% 0.11
BSY closed up 0.2 percent on Wednesday, May 15, 2024, on 79 percent of normal volume. The bulls were able to push the stock to a new 52-week high. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
Shooting Star Candlestick Bearish 0.00%
Lizard Bearish Bearish Day Trade Setup 0.00%
New 52 Week Closing High Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Doji - Bearish? Reversal 0.00%
New 52 Week High Strength 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
New 52 Week Closing High Bullish 0.20%
180 Bullish Setup Bullish Swing Setup 0.20%

   Recent Intraday Alerts

Alert Time
Upper Bollinger Band Resistance about 19 hours ago
Rose Above Upper Bollinger Band about 19 hours ago
60 Minute Opening Range Breakout about 19 hours ago
Up 1% about 21 hours ago
New 52 Week High about 21 hours ago

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Profile

Bentley Systems, Incorporated Description

Bentley Systems, Incorporated develops software for infrastructure design, construction, and operations. It provides MicroStation, a modeling, documentation, and visualization solution for information modeling; ProjectWise, a project information management and collaboration solution; AssetWise, an asset information management solution; PlantSight, a digital solution to benefit customers through plant operations; and SYNCHRO XR for HoloLens 2 that enables users to interact collaboratively with digital construction models using gestures to plan, visualize, and experience construction sequencing. The company also offers iModelHub, a cloud platform to accelerate going digital for users of its ProjectWise design integration services; OpenSite Designer, an integrated application for civil site and land development workflows across conceptual, preliminary, and detailed design phases; and iModel.js, an open-source library to improve the accessibility for visualization and analytical visibility of infrastructure digital twins. In addition, it provides solution implementation, on-boarding, change management, consulting, and on premise managed services. The company serves engineers, architects, planners, contractors, fabricators, information technology managers, and operators. Bentley Systems, Incorporated has a strategic alliance agreement with Siemens. The company was founded in 1984 and is headquartered in Exton, Pennsylvania.


Classification

Sector: Technology
Industry: Software - Application
Keywords: Computing Information Management Visualization Cloud Platform Project Management Software Change Management Accessibility Building Information Modeling Collaboration Solution Visualization Solution

Is BSY a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 56.43
52 Week Low 44.6621
Average Volume 1,528,244
200-Day Moving Average 50.57
50-Day Moving Average 51.45
20-Day Moving Average 53.84
10-Day Moving Average 54.42
Average True Range 1.23
RSI (14) 63.50
ADX 22.96
+DI 35.40
-DI 17.29
Chandelier Exit (Long, 3 ATRs) 52.74
Chandelier Exit (Short, 3 ATRs) 50.54
Upper Bollinger Bands 56.33
Lower Bollinger Band 51.34
Percent B (%b) 0.85
BandWidth 9.26
MACD Line 1.14
MACD Signal Line 0.98
MACD Histogram 0.1627
Fundamentals Value
Market Cap 15.81 Billion
Num Shares 284 Million
EPS 0.55
Price-to-Earnings (P/E) Ratio 101.09
Price-to-Sales 12.59
Price-to-Book 22.61
PEG Ratio 3.10
Dividend 0.18
Dividend Yield 0.32%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 57.00
Resistance 3 (R3) 57.12 56.77 56.76
Resistance 2 (R2) 56.77 56.42 56.71 56.68
Resistance 1 (R1) 56.19 56.20 56.07 56.07 56.61
Pivot Point 55.84 55.84 55.78 55.78 55.84
Support 1 (S1) 55.26 55.49 55.14 55.14 54.59
Support 2 (S2) 54.91 55.27 54.85 54.52
Support 3 (S3) 54.33 54.91 54.44
Support 4 (S4) 54.21