BINAH CAPITAL GROUP INC (BCG) Stock Technical Analysis
NASDAQ:BCG - Nasdaq - US09032H1059 - Common Stock - Currency: USD
Taking everything into account, BCG scores 1 out of 10 in our technical rating. BCG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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.
96% of all other stocks performed better in the past year than BCG.
BCG is part of the Capital Markets industry. There are 233 other stocks in this industry, of which 89% are performing better than BCG.
BCG 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.
Warning: BCG has an average volume of 14466 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month BCG has a been trading in the 1.92 - 2.20 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
BCG 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
1.87
2.43
We found 2 important support areas.
- A support zone ranging from 1.94 to 1.96. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @1.89 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 2.14 to 2.16. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @2.24 from a trend line in the daily time frame.
- Resistance @2.41 from a horizontal 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 BCG is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BCG is neutral. |
| ChartMill Relative Strength | 4.77 | NEGATIVE | BCG has a low relative strength, it was outperformed by 95.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BCG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BCG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BCG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.15 | NEUTRAL | The RSI value for BCG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests BCG has a positive trend. |
| Stochastics (14,3) | 71.03 | NEUTRAL | The Stochastics value for BCG is a neutral value. |
| Average True Range in percent/ATR (20) | 4.16 | MEDIUM VOLATILITY | The ATR as a percentage value for BCG suggests some volalility. |
| Average Directional Index/ADX (14) | 14.5 | NEGATIVE | The low ADX value for BCG 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)
2.12
-0.01 (-0.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-0.47%
1 Week8.16%
2 Weeks6%
1 Month4.95%
3 Month-11.67%
6 Month-16.86%
12 Month-60%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%4.16%
ATR Inc83.63%
Range Today0.1
ADR(20)0.09
ADR(20)%4.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.77
Mansfield-2.33
10 Day High2.2
10 Day Low1.92
20 Day High2.2
20 Day Low1.92
52 Week High6.55
52 Week Low1.71
CS1 End1.96
CR1 Start2.14
Volume & EV
DER(3)1.45%
DER(5)3.32%
Volume12.30K
Volume Incr94.15%
Vol(5)17.60K
Vol(50)14.47K