Overall BCAL gets a technical rating of 8 out of 10. Although BCAL is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although BCAL has an excellent technical rating, the quality of the presented setup is not ideal 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
16.81
When analyzing the support we can see 2 important areas.
- A support zone ranging from 17.94 to 18.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.98 to 16.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 19.65 to 19.75. 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 BCAL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BCAL is up. |
| ChartMill Relative Strength | 78.37 | POSITIVE | BCAL has a high relative strength, it outperformed 78.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BCAL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BCAL is above 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) | 68.26 | NEUTRAL | The RSI value for BCAL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests BCAL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.13 | OVERBOUGHT | The high Stochastics value suggests BCAL may be overbought. |
| Average True Range in percent/ATR (20) | 2 | LOW VOLATILITY | The low ATR as a percentage value for BCAL suggests low volalility. |
| Average Directional Index/ADX (14) | 35.7 | POSITIVE | The high ADX value value for BCAL suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 19.76 | 18.56 | 1.20 (6.07%) | 16.47% |
| An entry @19.76. This is a Buy Stop order right above the resistance zone. | An exit @18.56. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.20 points, which is 6.07%. | For a 1.00% total portfolio risk, you can invest 16.47% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
19.64
-0.11 (-0.56%)
CALIFORNIA BANCORP / BCAL FAQ
Can you provide the ChartMill technical rating for CALIFORNIA BANCORP?
ChartMill assigns a technical rating of 8 / 10 to BCAL.
Can you provide the trend direction for CALIFORNIA BANCORP?
The current trend direction for CALIFORNIA BANCORP (BCAL) is Bullish.
Can you provide the RSI signal for CALIFORNIA BANCORP?
CALIFORNIA BANCORP (BCAL) has an RSI value of 68.2552. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for CALIFORNIA BANCORP?
The buy/sell signal for CALIFORNIA BANCORP (BCAL) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for CALIFORNIA BANCORP (BCAL) stock?
CALIFORNIA BANCORP (BCAL) has a support level at 18.25 and a resistance level at 19.65. Check the full technical report for our detailed analysis of BCAL support and resistance levels.