BOISE CASCADE CO (BCC)

US09739D1000 - Common Stock

136.05  -3.93 (-2.81%)

Technical Rating and Analysis

10

Overall BCC gets a technical rating of 10 out of 10. Both in the recent history as in the last year, BCC has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that BCC is one of the better performing stocks in the market, outperforming 94% of all stocks. We also observe that the gains produced by BCC over the past year are nicely spread over this period.
BCC is one of the better performing stocks in the Trading Companies & Distributors industry, it outperforms 92% of 52 stocks in the same industry.
BCC is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month BCC has a been trading in the 130.31 - 143.56 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
BCC Weekly chart
BCC Daily chart
Setup Rating and Analysis

8

BCC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 139.97, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

102.20

144.10

3 important support areas can be observed.

  • Support @133.87 from a horizontal line in the daily time frame.
  • Support @109.70 from a trend line in the weekly time frame.
  • Support @103.23 from a trend line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 137.03 to 142.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.85
Mansfield2.83
10 Day High143.56
10 Day Low132.19
20 Day High143.56
20 Day Low130.31
52 Week High143.56
52 Week Low59.32
Performance
1 Week-0.42%
2 Weeks0.97%
1 Month4.9%
3 Month24.36%
6 Month33.44%
12 Month87.31%
2 Year75.11%
3 Year180.3%
5 Year401.9%
10 Year373.07%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.09
RSI(14)57.53
LBB132.67
UBB143.39
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
138.19137.021.17 (0.85%)25.00%
An entry @138.19. This is a Buy Stop order right above the 10 day moving average.An exit @137.02. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 1.17 points, which is 0.85%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.21%.

  • The distance between exit and entry is rather small compared to the average daily movement of BCC. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BCC Daily chart

BOISE CASCADE CO

NYSE:BCC (2/20/2024, 11:17:03 AM)

136.05

-3.93 (-2.81%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg-2.81%
1 Week-0.42%
2 Weeks0.97%
1 Month4.9%
3 Month24.36%
6 Month33.44%
12 Month87.31%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.98
ATR(20)%2.8%
ATR Inc
Range Today3.84
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High143.56
10 Day Low132.19
20 Day High143.56
20 Day Low130.31
52 Week High143.56
52 Week Low59.32
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume129.47K
Volume Incr25.92%
Vol(5)244.42K
Vol(50)249.79K