BLEICHROEDER ACQUISITION COR (BACQ) Stock Technical Analysis
USA - NASDAQ:BACQ - KYG1169T1040 - Common Stock
12.75 USD
+1.73 (+15.7%)
12.95 USD
+0.2 (+1.57%)
We assign a technical rating of 7 out of 10 to BACQ. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, BACQ is a bad performer.
When comparing the yearly performance of all stocks, BACQ is a bad performer in the overall market: 100% of all stocks are doing better.
The long and short term trends are both positive. This is looking good!
In the last month BACQ has a been trading in the 10.37 - 12.97 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although BACQ has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
10.19
12.88
2 important support areas can be observed.
- A support zone ranging from 10.84 to 10.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.29 to 10.59. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for BACQ is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BACQ is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | BACQ has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BACQ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BACQ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BACQ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 82.71 | OVERBOUGHT | The high RSI value suggests BACQ may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests BACQ has a positive trend. |
| Stochastics (14,3) | 60.09 | NEUTRAL | The Stochastics value for BACQ is a neutral value. |
| Average True Range in percent/ATR (20) | 2.68 | MEDIUM VOLATILITY | The ATR as a percentage value for BACQ suggests some volalility. |
| Average Directional Index/ADX (14) | 67.7 | POSITIVE | The high ADX value value for BACQ suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
12.75
+1.73 (+15.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg15.7%
1 Week12.53%
2 Weeks15.33%
1 Month22.48%
3 Month23.31%
6 Month26.36%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.48
ATR(20)%2.68%
ATR Inc260.21%
Range Today1.98
ADR(20)0.33
ADR(20)%2.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
3 months CRS87.73
6 months CRS74.85
Mansfield-30
10 Day High12.97
10 Day Low10.75
20 Day High12.97
20 Day Low10.37
52 Week HighN/A
52 Week LowN/A
CS1 End10.91
CR1 StartN/A
Volume & EV
DER(3)5.84%
DER(5)1.26%
Volume10.63M
Volume Incr268.62%
Vol(5)2.81M
Vol(50)624.43K