BINAH CAPITAL GROUP INC (BCG) Stock Technical Analysis
NASDAQ:BCG - US09032H1059 - Common Stock
1.96 USD
0 (0%)
1.98 USD
+0.02 (+1.02%)
Overall BCG gets a technical rating of 0 out of 10. 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.
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 BCG.
BCG is part of the Capital Markets industry. There are 238 other stocks in this industry, of which 86% 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.
BCG is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Warning: BCG has an average volume of 15792 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Considerably lower volume is observed in the last couple of days.
BCG has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
1.87
2.53
2 important support areas can be observed.
- Support @1.95 from a trend line in the daily time frame.
- Support @1.89 from a horizontal line in the weekly time frame.
We can see 7 important resistance areas.
- A resistance zone ranging from 1.96 to 1.99. 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 2.04 to 2.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.14 to 2.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.19 from a trend line in the weekly time frame.
- Resistance @2.29 from a trend line in the daily time frame.
- Resistance @2.40 from a trend line in the daily time frame.
- Resistance @2.50 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The short term trend for BCG is down. |
| ChartMill Relative Strength | 7.57 | NEGATIVE | BCG has a low relative strength, it was outperformed by 92.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BCG is below a declining 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) | 42.73 | NEUTRAL | The RSI value for BCG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BCG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 6.73 | OVERSOLD | The low Stochastics value suggests BCG may be oversold. |
| Average True Range in percent/ATR (20) | 5.34 | HIGH VOLATILITY | The high ATR as a percentage value for BCG suggests high volalility. |
| Average Directional Index/ADX (14) | 13.51 | 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)
1.96
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg0%
1 Week-2%
2 Weeks-2.97%
1 Month-2%
3 Month-11.71%
6 Month-18.33%
12 Month-44%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%5.34%
ATR Inc-67.87%
Range Today0.04
ADR(20)0.1
ADR(20)%5.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.57
Mansfield-2.42
10 Day High2.07
10 Day Low1.93
20 Day High2.38
20 Day Low1.93
52 Week High6.55
52 Week Low1.71
CS1 End1.95
CR1 Start1.96
Volume & EV
DER(3)-1.82%
DER(5)0.23%
Volume6.50K
Volume Incr-37.47%
Vol(5)8.02K
Vol(50)15.79K