BOISE CASCADE CO (BCC) Stock Technical Analysis
NYSE:BCC - New York Stock Exchange, Inc. - US09739D1000 - Common Stock - Currency: USD
Taking everything into account, BCC scores 0 out of 10 in our technical rating. BCC'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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
93% of all other stocks performed better in the past year than BCC.
BCC is part of the Trading Companies & Distributors industry. There are 48 other stocks in this industry, of which 93% are performing better than BCC.
BCC is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month BCC has a been trading in the 83.09 - 95.00 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, BCC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 85.12, a Stop Loss order could be placed below this zone.
More info and screens
82.67
143.42
We found 1 important support area.
- A support zone ranging from 83.51 to 85.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 86.91 to 90.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @91.68 from a trend line in the daily time frame.
- A resistance zone ranging from 93.15 to 93.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @96.09 from a horizontal line in the daily time frame.
- Resistance @142.00 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 | 7.98 | NEGATIVE | BCC has a low relative strength, it was outperformed by 92.02% 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) | 46.04 | NEUTRAL | The RSI value for BCC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.33 | NEGATIVE | The MACD value suggests BCC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 35.43 | NEUTRAL | The Stochastics value for BCC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.35 | MEDIUM VOLATILITY | The ATR as a percentage value for BCC suggests some volalility. |
| Average Directional Index/ADX (14) | 13.12 | NEGATIVE | The low ADX value for BCC 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)
86.43
-1.92 (-2.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg-2.17%
1 Week-0.33%
2 Weeks-7.32%
1 Month-1.26%
3 Month-9.51%
6 Month-32%
12 Month-38.72%
2 Year-16.48%
3 Year22.23%
5 Year85.51%
10 Year160.49%
15 YearN/A
Volatility
ATR(14)2.92
ATR(20)%3.35%
ATR Inc-21.33%
Range Today2.07
ADR(20)2.81
ADR(20)%3.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.98
Mansfield-3.14
10 Day High93.06
10 Day Low83.09
20 Day High95
20 Day Low83.09
52 Week High155.42
52 Week Low83.09
CS1 End85.12
CR1 Start86.91
Volume & EV
DER(3)-2.29%
DER(5)-2.28%
Volume297.77K
Volume Incr-4.54%
Vol(5)375.76K
Vol(50)318.69K