HORIZON KIN BLOCKCHAIN DEV (BCDF) Stock Technical Analysis
NYSEARCA:BCDF - NYSE Arca - US53656G2093 - ETF - Currency: USD
Taking everything into account, BCDF scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, BCDF has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: BCDF has an average volume of 3108 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, BCDF did better than 77% of all other stocks. We also observe that the gains produced by BCDF over the past year are nicely spread over this period.
BCDF 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 BCDF has a been trading in the 29.70 - 32.49 range, which is quite wide. It is currently trading near the high of this range.
Although BCDF has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
27.29
32.26
When analyzing the support we can see 3 important areas.
- A support zone ranging from 29.93 to 31.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @28.29 from a horizontal line in the daily time frame.
- Support @27.57 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 31.94 to 31.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for BCDF is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BCDF is up. |
| ChartMill Relative Strength | 77.72 | POSITIVE | BCDF has a high relative strength, it outperformed 77.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BCDF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BCDF is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BCDF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.53 | NEUTRAL | The RSI value for BCDF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests BCDF has a positive trend. |
| Stochastics (14,3) | 55.97 | NEUTRAL | The Stochastics value for BCDF is a neutral value. |
| Average True Range in percent/ATR (20) | 1.12 | LOW VOLATILITY | The low ATR as a percentage value for BCDF suggests low volalility. |
| Average Directional Index/ADX (14) | 30.03 | POSITIVE | The high ADX value value for BCDF suggests a strong 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)
31.9273
+0.42 (+1.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.33%
1 Week2.5%
2 Weeks2.41%
1 Month5.87%
3 Month10.67%
6 Month10.26%
12 Month24.3%
2 Year41.34%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.37
ATR(20)%1.12%
ATR Inc3.19%
Range Today0.2
ADR(20)0.29
ADR(20)%0.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.72
Mansfield0.3
10 Day High32.1
10 Day Low30.74
20 Day High32.49
20 Day Low29.7
52 Week High32.49
52 Week Low24.3
CS1 End31.28
CR1 Start31.94
Volume & EV
DER(3)-0.31%
DER(5)-0.19%
Volume1.40K
Volume Incr108.81%
Vol(5)3.32K
Vol(50)3.11K