BLACKROCK CAPITAL ALLOC TR (BCAT) Stock Technical Analysis
USA - NYSE:BCAT - US09260U1097
Overall BCAT gets a technical rating of 0 out of 10. 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.
Although the technical rating is bad, BCAT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 14.67. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 14.56, a Stop Loss order could be placed below this zone.
More info and screens
14.26
We found 1 important support area.
- A support zone ranging from 14.40 to 14.56. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 14.67 to 15.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @15.72 from a horizontal line in the daily time frame.
- 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 | DOWN | NEGATIVE | The short term trend for BCAT is down. |
| ChartMill Relative Strength | 22.74 | NEGATIVE | BCAT has a low relative strength, it was outperformed by 77.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BCAT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BCAT is below 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) | 44.88 | NEUTRAL | The RSI value for BCAT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests BCAT has a positive trend. |
| Stochastics (14,3) | 39.49 | NEUTRAL | The Stochastics value for BCAT is a neutral value. |
| Average True Range in percent/ATR (20) | 1.1 | LOW VOLATILITY | The low ATR as a percentage value for BCAT suggests low volalility. |
| Average Directional Index/ADX (14) | 22.06 | NEUTRAL | The ADX value for BCAT suggests a possible start of a new trend. |
14.57
-0.05 (-0.34%)
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 0 / 10 to BCAT.
What is the trend direction for BCAT stock?
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 44.876. This indicates that the stock is currently neutral.
What is the short term momentum for BLACKROCK CAPITAL ALLOC TR (BCAT) stock?
The short term momentum for BLACKROCK CAPITAL ALLOC TR (BCAT) is negative.
What is the buy/sell signal for BCAT stock?
The buy/sell signal for BLACKROCK CAPITAL ALLOC TR (BCAT) is sell as both the short term and long term trends are negative.