BOISE CASCADE CO (BCC) Stock Technical Analysis
NYSE:BCC - New York Stock Exchange, Inc. - US09739D1000 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to BCC. 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.
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.
87% of all other stocks performed better in the past year than BCC.
BCC is part of the Trading Companies & Distributors industry. There are 49 other stocks in this industry, of which 89% 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 83.86 - 94.07 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Although the technical rating is bad, BCC does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
84.27
144.41
We found 1 important support area.
- Support @85.12 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 88.44 to 89.27. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 96.15 to 96.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @142.98 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 | NEUTRAL | NEUTRAL | The short term trend for BCC is neutral. |
| ChartMill Relative Strength | 13.15 | NEGATIVE | BCC has a low relative strength, it was outperformed by 86.85% 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) | 47.33 | NEUTRAL | The RSI value for BCC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.44 | POSITIVE | The MACD value suggests BCC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.27 | NEUTRAL | The Stochastics value for BCC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.65 | MEDIUM VOLATILITY | The ATR as a percentage value for BCC suggests some volalility. |
| Average Directional Index/ADX (14) | 11.66 | 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)
88.39
-1.84 (-2.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg-2.04%
1 Week0.97%
2 Weeks1.91%
1 Month-5.68%
3 Month-11.03%
6 Month-35.13%
12 Month-30.18%
2 Year-2.17%
3 Year48.58%
5 Year135.02%
10 Year140.98%
15 YearN/A
Volatility
ATR(14)2.36
ATR(20)%2.65%
ATR Inc8.39%
Range Today2.63
ADR(20)2.18
ADR(20)%2.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.15
Mansfield-2.96
10 Day High91.02
10 Day Low83.86
20 Day High94.07
20 Day Low83.86
52 Week High155.42
52 Week Low83.86
CS1 End85.12
CR1 Start88.44
Volume & EV
DER(3)-0.98%
DER(5)-1.6%
Volume212.20K
Volume Incr-11.91%
Vol(5)235.58K
Vol(50)313.58K