BCB BANCORP INC (BCBP) Stock Technical Analysis
NASDAQ:BCBP - Nasdaq - US0552981039 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to BCBP. BCBP's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, BCBP is a bad performer in the overall market: 84% of all stocks are doing better.
BCBP is part of the Banks industry. There are 392 other stocks in this industry, of which 93% are performing better than BCBP.
BCBP is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month BCBP has a been trading in the 8.01 - 9.03 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, BCBP does present a nice setup opportunity. 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 8.56. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 8.51, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BCBP 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.
More info and screens
7.61
13.55
3 important support areas can be observed.
- A support zone ranging from 8.39 to 8.51. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 8.11 to 8.16. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 7.69 to 7.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 8.56 to 8.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @8.78 from a trend line in the daily time frame.
- A resistance zone ranging from 9.24 to 9.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @9.46 from a horizontal line in the daily time frame.
- Resistance @13.42 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 BCBP is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BCBP is neutral. |
| ChartMill Relative Strength | 16.73 | NEGATIVE | BCBP has a low relative strength, it was outperformed by 83.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BCBP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BCBP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BCBP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.55 | NEUTRAL | The RSI value for BCBP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests BCBP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 36.93 | NEUTRAL | The Stochastics value for BCBP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.97 | MEDIUM VOLATILITY | The ATR as a percentage value for BCBP suggests some volalility. |
| Average Directional Index/ADX (14) | 17.19 | NEGATIVE | The low ADX value for BCBP suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
8.53
+0.21 (+2.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg2.52%
1 Week5.31%
2 Weeks-0.58%
1 Month-3.72%
3 Month2.77%
6 Month-19.91%
12 Month-24.31%
2 Year-25.04%
3 Year-52.61%
5 Year4.73%
10 Year-25.5%
15 Year-0.47%
Volatility
ATR(14)0.26
ATR(20)%2.97%
ATR Inc-9.32%
Range Today0.25
ADR(20)0.25
ADR(20)%2.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.73
Mansfield-2.6
10 Day High8.79
10 Day Low8.01
20 Day High9.03
20 Day Low8.01
52 Week High14.04
52 Week Low7.54
CS1 End8.51
CR1 Start8.56
Volume & EV
DER(3)5.86%
DER(5)1.51%
Volume64.10K
Volume Incr-20.57%
Vol(5)61.56K
Vol(50)83.06K