BOISE CASCADE CO (BCC) Stock Technical Analysis
USA - NYSE:BCC - US09739D1000 - Common Stock
Taking everything into account, BCC scores 0 out of 10 in our technical rating. BCC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
BCC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 73.09. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for BCC 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
70.02
When analyzing the resistance we notice 6 important areas.
- A resistance zone ranging from 73.09 to 73.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @78.69 from a trend line in the daily time frame.
- A resistance zone ranging from 83.96 to 85.13. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @88.19 from a trend line in the weekly time frame.
- Resistance @93.71 from a horizontal line in the daily time frame.
- Resistance @139.52 from a trend 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 BCC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BCC is down. |
| ChartMill Relative Strength | 8.47 | NEGATIVE | BCC has a low relative strength, it was outperformed by 91.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BCC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BCC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BCC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.92 | NEUTRAL | The RSI value for BCC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.29 | POSITIVE | The MACD value suggests BCC has a positive trend. |
| Stochastics (14,3) | 58.78 | NEUTRAL | The Stochastics value for BCC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.56 | MEDIUM VOLATILITY | The ATR as a percentage value for BCC suggests some volalility. |
| Average Directional Index/ADX (14) | 20.06 | NEUTRAL | The ADX value for BCC suggests a possible start of a new trend. |
70.73
-0.65 (-0.91%)
BOISE CASCADE CO / BCC FAQ
What is the ChartMill technical rating of BOISE CASCADE CO (BCC) stock?
ChartMill assigns a technical rating of 0 / 10 to BCC.
What is the trend direction for BCC stock?
The current trend direction for BOISE CASCADE CO (BCC) is Bearish.
Can you provide the RSI signal for BOISE CASCADE CO?
BOISE CASCADE CO (BCC) has an RSI value of 42.9213. This indicates that the stock is currently neutral.
What is the MACD signal for BCC stock?
The MACD indicator for BOISE CASCADE CO (BCC) has a value of 0.292977, indicating a bearish trend.
Can you provide the buy/sell signal for BOISE CASCADE CO?
The buy/sell signal for BOISE CASCADE CO (BCC) is sell as both the short term and long term trends are negative.