BLACKROCK CAPITAL ALLOC TR (BCAT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BCAT - US09260U1097
We assign a technical rating of 5 out of 10 to BCAT. BCAT has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- 69% of all other stocks performed better in the past year than BCAT.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- BCAT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BCAT is lagging the market.
- In the last month BCAT has a been trading in a tight range between 14.11 and 14.93.
BCAT has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
13.44
2 important support areas can be observed.
- A support zone ranging from 14.38 to 14.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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.
2 important resistance areas can be observed.
- 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 | NEUTRAL | NEUTRAL | The long term trend for BCAT is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BCAT is up. |
| ChartMill Relative Strength | 31.24 | 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) | 68.96 | NEUTRAL | The RSI value for BCAT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests BCAT has a positive trend. |
| Stochastics (14,3) | 89.68 | OVERBOUGHT | The high Stochastics value suggests BCAT may be overbought. |
| Average True Range in percent/ATR (20) | 0.9 | LOW VOLATILITY | The low ATR as a percentage value for BCAT suggests low volalility. |
| Average Directional Index/ADX (14) | 19.71 | NEGATIVE | The low ADX value for BCAT suggests a weak or negative trend. |
14.8
+0.02 (+0.14%)
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 5 / 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 68.9585. 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 14.56 and a resistance level at 14.95. Check the full technical report for our detailed analysis of BCAT support and resistance levels.