CONCRETE PUMPING HOLDINGS IN (BBCP) Stock Technical Analysis
NASDAQ:BBCP - Nasdaq - US2067041085 - Common Stock - Currency: USD
Taking everything into account, BBCP scores 2 out of 10 in our technical rating. BBCP has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
BBCP is one of the lesser performing stocks in the Construction & Engineering industry. 60% of 52 stocks in the same industry do better.
BBCP is currently trading in the lower part 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.
BBCP is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When compared to the yearly performance of all other stocks, BBCP outperforms 40% of them, which is more or less in line with the market.
BBCP has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
5.20
8.99
3 important support areas can be observed.
- A support zone ranging from 5.87 to 5.93. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @5.45 from a horizontal line in the weekly time frame.
- A support zone ranging from 5.25 to 5.26. This zone is formed by a combination of multiple trend lines in the weekly time frame.
5 important resistance areas can be observed.
- Resistance @6.14 from a horizontal line in the daily time frame.
- A resistance zone ranging from 6.41 to 6.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 6.82 to 6.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @7.04 from a trend line in the daily time frame.
- Resistance @8.90 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for BBCP is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BBCP is down. |
| ChartMill Relative Strength | 40.85 | NEUTRAL | BBCP is not amongst the best or worst performers 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) | UP | MIXED | The current price of BBCP is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BBCP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.59 | NEUTRAL | The RSI value for BBCP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests BBCP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.76 | NEUTRAL | The Stochastics value for BBCP is a neutral value. |
| Average True Range in percent/ATR (20) | 4.79 | MEDIUM VOLATILITY | The ATR as a percentage value for BBCP suggests some volalility. |
| Average Directional Index/ADX (14) | 33.47 | POSITIVE | The high ADX value value for BBCP 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)
5.96
-0.16 (-2.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg-2.61%
1 Week-1.81%
2 Weeks-15.22%
1 Month-16.06%
3 Month5.67%
6 Month-18.02%
12 Month-5.99%
2 Year-25.78%
3 Year-1.65%
5 Year71.26%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%4.79%
ATR Inc-16.27%
Range Today0.3
ADR(20)0.24
ADR(20)%4.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.85
Mansfield-1.05
10 Day High7.27
10 Day Low5.7
20 Day High7.4
20 Day Low5.7
52 Week High9.68
52 Week Low4.78
CS1 End5.93
CR1 Start6.14
Volume & EV
DER(3)-5.52%
DER(5)-2.04%
Volume151.30K
Volume Incr45.76%
Vol(5)132.98K
Vol(50)137.46K