Overall BCAL gets a technical rating of 6 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BCAL is only an average performer.
BCAL has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 18.50, a Stop Loss order could be placed below this zone.
17.74
When analyzing the support we notice one important area.
We can see 2 important resistance 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 | UP | POSITIVE | The short term trend for BCAL is up. |
| ChartMill Relative Strength | 66.22 | 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 | 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) | 53.95 | NEUTRAL | The RSI value for BCAL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests BCAL has a positive trend. |
| Stochastics (14,3) | 73.04 | NEUTRAL | The Stochastics value for BCAL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.48 | MEDIUM VOLATILITY | The ATR as a percentage value for BCAL suggests some volalility. |
| Average Directional Index/ADX (14) | 16.85 | 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 |
|---|---|---|---|
| 19.01 | 17.91 | 1.10 (5.79%) | 17.28% |
| An entry @19.01. This is a Buy Stop order right above the resistance zone. | An exit @17.91. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.10 points, which is 5.79%. | For a 1.00% total portfolio risk, you can invest 17.28% of your capital in this trade. |
18.85
-0.16 (-0.84%)
ChartMill assigns a technical rating of 6 / 10 to BCAL.
The current trend direction for CALIFORNIA BANCORP (BCAL) is Bullish.
CALIFORNIA BANCORP (BCAL) has an RSI value of 53.9522. This indicates that the stock is currently neutral.
The short term momentum for CALIFORNIA BANCORP (BCAL) is positive.
CALIFORNIA BANCORP (BCAL) has a support level at 18.5 and a resistance level at 18.95. Check the full technical report for our detailed analysis of BCAL support and resistance levels.