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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
91% of all other stocks performed better in the past year than BCC.
BCC is one of the lesser performing stocks in the Trading Companies & Distributors industry. 91% of 48 stocks in the same industry do better.
BCC is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so BCC is lagging the market.
In the last month BCC has a been trading in the 81.89 - 95.00 range, which is quite wide. It is currently trading near the lows of this range.
BCC has a poor technical rating and the quality of the setup is also only medium 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.
More info and screens
82.51
143.25
When analyzing the support we notice one important area.
- A support zone ranging from 83.34 to 83.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 6 important areas.
- Resistance @83.96 from a horizontal line in the daily time frame.
- A resistance zone ranging from 85.41 to 87.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @90.85 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 @141.83 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 | 9.87 | NEGATIVE | BCC has a low relative strength, it was outperformed by 90.13% 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) | 39.92 | NEUTRAL | The RSI value for BCC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.4 | NEGATIVE | The MACD value suggests BCC has a negative trend. |
| Stochastics (14,3) | 14.53 | OVERSOLD | The low Stochastics value suggests BCC may be oversold. |
| Average True Range in percent/ATR (20) | 3.23 | MEDIUM VOLATILITY | The ATR as a percentage value for BCC suggests some volalility. |
| Average Directional Index/ADX (14) | 14.94 | 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)
83.35
-0.46 (-0.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg-0.55%
1 Week-5.43%
2 Weeks-0.64%
1 Month-10.52%
3 Month-13.31%
6 Month-33.93%
12 Month-35.33%
2 Year-23.79%
3 Year33.72%
5 Year81.99%
10 Year156.86%
15 YearN/A
Volatility
ATR(14)2.54
ATR(20)%3.23%
ATR Inc-20.33%
Range Today2.47
ADR(20)2.61
ADR(20)%3.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.87
Mansfield-3.18
10 Day High89.31
10 Day Low81.89
20 Day High95
20 Day Low81.89
52 Week High155.42
52 Week Low81.89
CS1 End83.34
CR1 Start83.96
Volume & EV
DER(3)-0.82%
DER(5)0.13%
Volume365.30K
Volume Incr-17.93%
Vol(5)312.98K
Vol(50)329.02K