BLACKROCK CAPITAL ALLOC TR (BCAT) Stock Technical Analysis
NYSE:BCAT • US09260U1097
We assign a technical rating of 7 out of 10 to BCAT. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BCAT is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- BCAT 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 BCAT is lagging the market slightly.
- When comparing the performance of all stocks over the past year, BCAT turns out to be only a medium performer in the overall market: it outperformed 45% of all stocks.
- In the last month BCAT has a been trading in a tight range between 14.53 and 15.27.
BCAT has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 15.21. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 14.97, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BCAT in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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13.50
When analyzing the support we can see 3 important areas.
- A support zone ranging from 14.56 to 14.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @14.14 from a horizontal line in the daily time frame.
- A support zone ranging from 13.64 to 13.65. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 15.21 to 15.30. 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 BCAT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BCAT is up. |
| ChartMill Relative Strength | 45.33 | NEUTRAL | BCAT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BCAT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BCAT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BCAT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.14 | NEUTRAL | The RSI value for BCAT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BCAT has a positive trend. |
| Stochastics (14,3) | 76.86 | NEUTRAL | The Stochastics value for BCAT is a neutral value. |
| Average True Range in percent/ATR (20) | 1.2 | LOW VOLATILITY | The low ATR as a percentage value for BCAT suggests low volalility. |
| Average Directional Index/ADX (14) | 12.98 | NEGATIVE | The low ADX value for BCAT 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 |
|---|---|---|---|
| 15.31 | 14.59 | 0.72 (4.70%) | 21.26% |
| An entry @15.31. This is a Buy Stop order right above the resistance zone. | An exit @14.59. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.72 points, which is 4.70%. | For a 1.00% total portfolio risk, you can invest 21.26% 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.
15.16
+0.05 (+0.33%)
BLACKROCK CAPITAL ALLOC TR / BCAT FAQ
What is the ChartMill technical rating of BLACKROCK CAPITAL ALLOC TR (BCAT) stock?
ChartMill assigns a technical rating of 7 / 10 to BCAT.
Can you provide the trend direction for BLACKROCK CAPITAL ALLOC TR?
The current trend direction for BLACKROCK CAPITAL ALLOC TR (BCAT) is Bullish.
Can you provide the RSI signal for BLACKROCK CAPITAL ALLOC TR?
BLACKROCK CAPITAL ALLOC TR (BCAT) has an RSI value of 63.1386. This indicates that the stock is currently neutral.
What is the short term momentum for BCAT stock?
The short term momentum for BLACKROCK CAPITAL ALLOC TR (BCAT) is positive.
What are the support and resistance levels for BLACKROCK CAPITAL ALLOC TR (BCAT) stock?
BLACKROCK CAPITAL ALLOC TR (BCAT) has a support level at 14.97 and a resistance level at 15.21. Check the full technical report for our detailed analysis of BCAT support and resistance levels.