BOISE CASCADE CO (BCC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BCC - US09739D1000 - Common Stock
Overall BCC gets a technical rating of 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. BCC was also a bad performer in the overall market in the last year.
The technical rating of BCC is bad and it also does not present a 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.
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75.48
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 76.25 to 76.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 83.41 to 83.96. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @88.57 from a trend line in the daily time frame.
- Resistance @93.71 from a horizontal line in the daily time frame.
- Resistance @139.03 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 | UP | POSITIVE | The short term trend for BCC is up. |
| ChartMill Relative Strength | 10.39 | NEGATIVE | BCC has a low relative strength, it was outperformed by 89.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BCC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BCC is above 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) | 63.17 | NEUTRAL | The RSI value for BCC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.14 | POSITIVE | The MACD value suggests BCC has a positive trend. |
| Stochastics (14,3) | 94.92 | OVERBOUGHT | The high Stochastics value suggests BCC may be overbought. |
| Average True Range in percent/ATR (20) | 3.44 | MEDIUM VOLATILITY | The ATR as a percentage value for BCC suggests some volalility. |
| Average Directional Index/ADX (14) | 20.08 | NEUTRAL | The ADX value for BCC suggests a possible start of a new trend. |
76.24
+0.51 (+0.67%)
BOISE CASCADE CO / BCC FAQ
What is the ChartMill technical rating of BOISE CASCADE CO (BCC) stock?
ChartMill assigns a technical rating of 2 / 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 63.1692. 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 1.14364, indicating a bullish trend.
Can you provide the buy/sell signal for BOISE CASCADE CO?
The buy/sell signal for BOISE CASCADE CO (BCC) is hold as the short term and long term trends are mixed.