ABRDN BLOOMBERG INDUSTRIAL M (BCIM) Stock Technical Analysis
NYSEARCA:BCIM - NYSE Arca - US0032616098 - ETF - Currency: USD
We assign a technical rating of 8 out of 10 to BCIM. Although BCIM is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: BCIM has an average volume of 7384 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!
In the last month BCIM has a been trading in the 20.79 - 22.59 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, BCIM turns out to be only a medium performer in the overall market: it outperformed 48% of all stocks.
BCIM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BCIM is lagging the market.
Considerably lower volume is observed in the last couple of days.
Although BCIM has an excellent technical rating, the quality of the presented setup is not ideal 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
19.59
22.75
3 important support areas can be observed.
- A support zone ranging from 20.98 to 21.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.12 to 20.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @19.79 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 22.39 to 22.52. 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 BCIM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BCIM is up. |
| ChartMill Relative Strength | 48.02 | NEUTRAL | BCIM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BCIM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BCIM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BCIM is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 64.25 | NEUTRAL | The RSI value for BCIM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests BCIM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.53 | OVERBOUGHT | The high Stochastics value suggests BCIM may be overbought. |
| Average True Range in percent/ATR (20) | 1.18 | LOW VOLATILITY | The low ATR as a percentage value for BCIM suggests low volalility. |
| Average Directional Index/ADX (14) | 26.58 | POSITIVE | The high ADX value value for BCIM 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 22.53 | 21.25 | 1.28 (5.68%) | 17.60% |
| An entry @22.53. This is a Buy Stop order right above the resistance zone. | An exit @21.25. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.28 points, which is 5.68%. | When investing 17.60% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSEARCA:BCIM (7/16/2025, 11:42:16 AM)
22.2148
-0.06 (-0.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.27%
1 Week0.79%
2 Weeks3.22%
1 Month7.74%
3 Month9.12%
6 Month6.2%
12 Month0.34%
2 Year-3.75%
3 Year-5.67%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%1.18%
ATR Inc-24.46%
Range Today0.17
ADR(20)0.18
ADR(20)%0.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.02
Mansfield-0.47
10 Day High22.59
10 Day Low21.26
20 Day High22.59
20 Day Low20.79
52 Week High24.83
52 Week Low18.9
CS1 End21.61
CR1 Start22.39
Volume & EV
DER(3)-0.5%
DER(5)0.09%
Volume11.00K
Volume Incr-28.94%
Vol(5)3.56K
Vol(50)7.38K