BLACKROCK CAPITAL ALLOC TR (BCAT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BCAT - US09260U1097
We assign a technical rating of 1 out of 10 to BCAT. BCAT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
BCAT has a bad technical rating, but it does show 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 14.54. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 14.44, a Stop Loss order could be placed below this zone.
More info and screens
13.44
3 important support areas can be observed.
- A support zone ranging from 14.31 to 14.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @13.97 from a trend line in the daily time frame.
- A support zone ranging from 13.58 to 13.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 14.54 to 14.61. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 14.95 to 15.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @16.66 from a horizontal line in the weekly 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 | DOWN | NEGATIVE | The long term trend for BCAT is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BCAT is up. |
| ChartMill Relative Strength | 25.01 | NEGATIVE | BCAT has a low relative strength, it was outperformed by 74.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BCAT is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BCAT is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BCAT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.72 | NEUTRAL | The RSI value for BCAT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests BCAT has a positive trend. |
| Stochastics (14,3) | 87.87 | OVERBOUGHT | The high Stochastics value suggests BCAT may be overbought. |
| Average True Range in percent/ATR (20) | 0.92 | LOW VOLATILITY | The low ATR as a percentage value for BCAT suggests low volalility. |
| Average Directional Index/ADX (14) | 13.99 | NEGATIVE | The low ADX value for BCAT suggests a weak or negative trend. |
14.45
+0.05 (+0.35%)
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 1 / 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 Bearish.
Can you provide the RSI signal for BLACKROCK CAPITAL ALLOC TR?
BLACKROCK CAPITAL ALLOC TR (BCAT) has an RSI value of 55.721. 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 14.44 and a resistance level at 14.54. Check the full technical report for our detailed analysis of BCAT support and resistance levels.