We assign a technical rating of 7 out of 10 to BCAL. 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.
- BCAL is part of the Banks industry. There are 383 other stocks in this industry, of which 64% are performing better than BCAL.
- Both the short term and long term trends are positive. This is a very positive sign.
- 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 17.71 - 19.39 range, which is quite wide. It is currently trading near the high of this range.
- 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 65% of all stocks.
Besides having an excellent technical rating, BCAL also presents 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 18.54, a Stop Loss order could be placed below this zone.
More info and screens
17.77
We found 1 important support area.
- A support zone ranging from 17.95 to 18.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @20.13 from a horizontal line in the daily 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 | 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 | 65.3 | 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) | 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) | 58.75 | NEUTRAL | The RSI value for BCAL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests BCAL has a positive trend. |
| Stochastics (14,3) | 77.18 | NEUTRAL | The Stochastics value for BCAL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.49 | MEDIUM VOLATILITY | The ATR as a percentage value for BCAL suggests some volalility. |
| Average Directional Index/ADX (14) | 16.9 | NEGATIVE | The low ADX value for BCAL suggests a weak or negative 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 |
|---|---|---|---|
| 20.14 | 17.70 | 2.44 (12.12%) | 8.25% |
| An entry @20.14. This is a Buy Stop order right above the resistance zone. | An exit @17.70. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.44 points, which is 12.12%. | When investing 8.25% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
19.16
+0.31 (+1.64%)
CALIFORNIA BANCORP / BCAL FAQ
Can you provide the ChartMill technical rating for CALIFORNIA BANCORP?
ChartMill assigns a technical rating of 7 / 10 to BCAL.
What is the trend direction for BCAL stock?
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 58.7474. This indicates that the stock is currently neutral.
What is the short term momentum for CALIFORNIA BANCORP (BCAL) stock?
The short term momentum for CALIFORNIA BANCORP (BCAL) is positive.
What are the support and resistance levels for CALIFORNIA BANCORP (BCAL) stock?
CALIFORNIA BANCORP (BCAL) has a support level at 18.54 and a resistance level at 20.13. Check the full technical report for our detailed analysis of BCAL support and resistance levels.