CALIFORNIA BANCORP (BCAL) Technical Analysis
NASDAQ:BCAL • US84252A1060
Overall BCAL gets a technical rating of 1 out of 10. BCAL has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- BCAL is one of the lesser performing stocks in the Banks industry. 66% of 379 stocks in the same industry do better.
- In the last month BCAL has a been trading in the 17.74 - 19.32 range, which is quite wide. It is currently trading near the lows of this range.
- 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.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When compared to the yearly performance of all other stocks, BCAL outperforms 51% of them, which is more or less in line with the market.
Although the technical rating is bad, BCAL does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 17.99, a Stop Loss order could be placed below this zone.
More info and screens
17.81
When analyzing the support we notice one important area.
- A support zone ranging from 17.99 to 17.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 18.25 to 19.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | NEUTRAL | NEUTRAL | The long term trend for BCAL is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BCAL is down. |
| ChartMill Relative Strength | 51.08 | NEUTRAL | BCAL is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of BCAL is below 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) | 37.41 | NEUTRAL | The RSI value for BCAL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests BCAL has a negative trend. |
| Stochastics (14,3) | 34.6 | NEUTRAL | The Stochastics value for BCAL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.44 | MEDIUM VOLATILITY | The ATR as a percentage value for BCAL suggests some volalility. |
| Average Directional Index/ADX (14) | 11.97 | NEGATIVE | The low ADX value for BCAL suggests a weak or negative trend. |
BCAL Technicals: Chart, Performance Metrics, Trend & Indicators
18.1
-0.28 (-1.52%)
CALIFORNIA BANCORP / BCAL FAQ
Can you provide the ChartMill technical rating for CALIFORNIA BANCORP?
ChartMill assigns a technical rating of 1 / 10 to BCAL.
What is the trend direction for BCAL stock?
The current trend direction for CALIFORNIA BANCORP (BCAL) is Bearish.
Can you provide the RSI signal for CALIFORNIA BANCORP?
CALIFORNIA BANCORP (BCAL) has an RSI value of 37.4073. 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 negative.
What are the support and resistance levels for CALIFORNIA BANCORP (BCAL) stock?
CALIFORNIA BANCORP (BCAL) has a support level at 17.99 and a resistance level at 18.25. Check the full technical report for our detailed analysis of BCAL support and resistance levels.