EA BRIDGEWAY BLUE CHIP ETF (BBLU) Stock Technical Analysis
USA - NYSEARCA:BBLU - US02072L7148 - ETF
15.04 USD
+0.09 (+0.6%)
15.1 USD
+0.06 (+0.4%)
Taking everything into account, BBLU scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, BBLU has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that BBLU is one of the better performing stocks in the market, outperforming 74% of all stocks.
BBLU is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month BBLU has a been trading in the 14.19 - 15.05 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
Although BBLU has an excellent technical rating, it does not offer a high quality setup 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
11.60
15.20
4 important support areas can be observed.
- A support zone ranging from 14.61 to 14.85. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 13.80 to 13.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @12.26 from a trend line in the weekly time frame.
- A support zone ranging from 11.72 to 11.77. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 15.05 to 15.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 BBLU is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BBLU is up. |
| ChartMill Relative Strength | 74.12 | POSITIVE | BBLU has a high relative strength, it outperformed 74.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BBLU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BBLU is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BBLU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 75.5 | OVERBOUGHT | The high RSI value suggests BBLU may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests BBLU has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 96.12 | OVERBOUGHT | The high Stochastics value suggests BBLU may be overbought. |
| Average True Range in percent/ATR (20) | 0.81 | LOW VOLATILITY | The low ATR as a percentage value for BBLU suggests low volalility. |
| Average Directional Index/ADX (14) | 38.73 | POSITIVE | The high ADX value value for BBLU 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)
15.04
+0.09 (+0.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.6%
1 Week1.14%
2 Weeks4.08%
1 Month6.36%
3 Month13.68%
6 Month17.32%
12 Month19.55%
2 Year56.99%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%0.81%
ATR Inc-20.35%
Range Today0.1
ADR(20)0.1
ADR(20)%0.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.12
Mansfield0.15
10 Day High15.05
10 Day Low14.43
20 Day High15.05
20 Day Low14.19
52 Week High15.05
52 Week Low11.01
CS1 End14.85
CR1 Start15.05
Volume & EV
DER(3)1.31%
DER(5)0.87%
Volume21.20K
Volume Incr-33.74%
Vol(5)40.52K
Vol(50)65.72K