CONCRETE PUMPING HOLDINGS IN (BBCP) Technical Analysis
NASDAQ:BBCP • US2067041085
Current stock price
BBCP Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to BBCP. In the last year, BBCP was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- In the last month BBCP has a been trading in the 6.49 - 7.33 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- When comparing the yearly performance of all stocks, we notice that BBCP is one of the better performing stocks in the market, outperforming 73% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- BBCP is part of the Construction & Engineering industry. There are 56 other stocks in this industry, BBCP did better than 50% of them.
- BBCP is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BBCP is lagging the market slightly.
BBCP Weekly and Daily overview Charts
BBCP Setup Rating and Analysis
BBCP has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 6.73, a Stop Loss order could be placed below this zone.
More info and screens
BBCP Support and Resistance Analysis
5.21
We found 4 important support areas.
- A support zone ranging from 6.58 to 6.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 5.85 to 5.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.54 from a trend line in the weekly time frame.
- Support @5.26 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 6.84 to 6.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.02 to 7.08. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @7.40 from a horizontal line in the daily time frame.
- A resistance zone ranging from 7.64 to 7.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
BBCP Technical Indicator Signal Analysis
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 BBCP is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BBCP is neutral. |
| ChartMill Relative Strength | 73.53 | POSITIVE | BBCP has a high relative strength, it outperformed 73.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BBCP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BBCP is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BBCP is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.69 | NEUTRAL | The RSI value for BBCP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests BBCP has a negative trend. |
| Stochastics (14,3) | 40.24 | NEUTRAL | The Stochastics value for BBCP is a neutral value. |
| Average True Range in percent/ATR (20) | 4.51 | MEDIUM VOLATILITY | The ATR as a percentage value for BBCP suggests some volalility. |
| Average Directional Index/ADX (14) | 11.76 | NEGATIVE | The low ADX value for BBCP suggests a weak or negative trend. |
BBCP Chart- and CandleStick Pattern Analysis
BBCP Technicals: Chart, Performance Metrics, Trend & Indicators
6.79
-0.07 (-1.02%)
CONCRETE PUMPING HOLDINGS IN / BBCP TA FAQ
What is the technical rating for BBCP stock?
ChartMill assigns a technical rating of 5 / 10 to BBCP.
What is the trend direction for BBCP stock?
The current trend direction for CONCRETE PUMPING HOLDINGS IN (BBCP) is Bullish.
What is the RSI signal for CONCRETE PUMPING HOLDINGS IN (BBCP) stock?
CONCRETE PUMPING HOLDINGS IN (BBCP) has an RSI value of 50.687. This indicates that the stock is currently neutral.
Can you provide the short term momentum for CONCRETE PUMPING HOLDINGS IN?
The short term momentum for CONCRETE PUMPING HOLDINGS IN (BBCP) is neutral.
Can you provide the support and resistance levels for CONCRETE PUMPING HOLDINGS IN?
CONCRETE PUMPING HOLDINGS IN (BBCP) has a support level at 6.73 and a resistance level at 6.84. Check the full technical report for our detailed analysis of BBCP support and resistance levels.