Bentley Systems' 15-minute chart has exhibited an RSI Oversold reading and a KDJ Golden Cross at 10/07/2025 16:00. This indicates that the stock's price has fallen significantly and has fallen below its fundamental support level. The momentum of the stock's price is shifting towards an upward trajectory, suggesting that the stock has the potential to continue increasing in value.
Bentley Systems Incorporated (BSY) has shown signs of recovery with its 15-minute chart exhibiting an RSI Oversold reading and a KDJ Golden Cross at 10/07/2025 16:00. This indicates a significant fall in the stock's price, which has fallen below its fundamental support level. The momentum of the stock's price is shifting towards an upward trajectory, suggesting potential continued growth in value.
The Relative Strength Index (RSI) reading indicates that the stock has been oversold, which can signal a buying opportunity. The KDJ Golden Cross, which occurs when the K line crosses above the D line, is another positive indicator, suggesting that the stock is poised for a rebound. This combination of indicators suggests that the stock's price may continue to rise, providing a potential opportunity for investors.
Bentley Systems has been benefiting from strong tailwinds, including global infrastructure investment, rising digital adoption in engineering, and accelerating AI integration. These factors have contributed to robust recurring revenues and high retention rates. Additionally, partnerships, supportive government funding, and expanded 3D geospatial ecosystems further strengthen the company's long-term growth prospects.
The company is expected to post quarterly earnings of $0.27 per share in its upcoming report, representing a year-over-year change of +12.5%. Revenues are expected to be $366.06 million, up 9.2% from the year-ago quarter. These earnings and revenue growth expectations suggest potential strength in the stock.
However, it is essential to keep an eye on the stock's performance, as the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. A stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions.
Bentley Systems is part of the Zacks Internet - Software industry, and it currently carries a Zacks Rank of #3 (Hold). The stock has shown resilience despite recent market conditions, and the combination of technical indicators and fundamental factors suggests potential upside.
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