Taking everything into account, BCAL scores 4 out of 10 in our technical rating. In the last year, BCAL 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.
BCAL 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 18.24, a Stop Loss order could be placed below this zone.
17.49
When analyzing the support we can see 2 important areas.
When analyzing the resistance we notice 2 important areas.
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 BCAL is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BCAL is down. |
| ChartMill Relative Strength | 75.67 | POSITIVE | BCAL has a high relative strength, it outperformed 75.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BCAL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BCAL is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BCAL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.64 | NEUTRAL | The RSI value for BCAL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests BCAL has a negative trend. |
| Stochastics (14,3) | 11.62 | OVERSOLD | The low Stochastics value suggests BCAL may be oversold. |
| Average True Range in percent/ATR (20) | 2.3 | MEDIUM VOLATILITY | The ATR as a percentage value for BCAL suggests some volalility. |
| Average Directional Index/ADX (14) | 22.52 | NEUTRAL | The ADX value for BCAL suggests a possible start of a new trend. |
18.25
-0.25 (-1.35%)
ChartMill assigns a technical rating of 4 / 10 to BCAL.
The current trend direction for CALIFORNIA BANCORP (BCAL) is Bullish.
CALIFORNIA BANCORP (BCAL) has an RSI value of 36.6435. This indicates that the stock is currently neutral.
The short term momentum for CALIFORNIA BANCORP (BCAL) is negative.
CALIFORNIA BANCORP (BCAL) has a support level at 18.24 and a resistance level at 18.52. Check the full technical report for our detailed analysis of BCAL support and resistance levels.