CALIFORNIA BANCORP (BCAL) Technical Analysis
NASDAQ:BCAL • US84252A1060
Current stock price
BCAL Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to BCAL. BCAL has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- BCAL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BCAL is lagging the market slightly.
- In the last month BCAL has a been trading in the 17.47 - 19.20 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been consolidating recently, this may present a good entry opportunity.
- When comparing the performance of all stocks over the past year, BCAL turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.
- BCAL is an average performer in the Banks industry, it outperforms 62% of 376 stocks in the same industry.
BCAL Weekly and Daily overview Charts
BCAL Setup Rating and Analysis
Although the technical rating is only medium, BCAL does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 18.95. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 18.64, a Stop Loss order could be placed below this zone.
More info and screens
BCAL Support and Resistance Analysis
17.15
2 important support areas can be observed.
- A support zone ranging from 17.80 to 18.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 17.32 to 17.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 18.95 to 19.07. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @20.13 from a horizontal line in the daily time frame.
BCAL 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 BCAL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BCAL is neutral. |
| ChartMill Relative Strength | 67.99 | NEUTRAL | BCAL is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of BCAL is above a declining 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) | 57.04 | 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) | 65.88 | NEUTRAL | The Stochastics value for BCAL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.23 | MEDIUM VOLATILITY | The ATR as a percentage value for BCAL suggests some volalility. |
| Average Directional Index/ADX (14) | 10.68 | NEGATIVE | The low ADX value for BCAL suggests a weak or negative trend. |
BCAL Chart- and CandleStick Pattern Analysis
BCAL Technicals: Chart, Performance Metrics, Trend & Indicators
18.88
+0.19 (+1.02%)
CALIFORNIA BANCORP / BCAL TA FAQ
Can you provide the ChartMill technical rating for CALIFORNIA BANCORP?
ChartMill assigns a technical rating of 4 / 10 to BCAL.
What is the trend direction for BCAL stock?
The current trend direction for CALIFORNIA BANCORP (BCAL) is Bullish.
What is the RSI signal for BCAL stock?
CALIFORNIA BANCORP (BCAL) has an RSI value of 57.0375. This indicates that the stock is currently neutral.
What is the short term momentum for BCAL stock?
The short term momentum for CALIFORNIA BANCORP (BCAL) is neutral.