ABRDN BLOOMBERG INDUSTRIAL M (BCIM) Stock Technical Analysis
NYSEARCA:BCIM - NYSE Arca - US0032616098 - ETF - Currency: USD
We assign a technical rating of 0 out of 10 to BCIM. BCIM 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.
65% of all other stocks performed better in the past year than BCIM.
BCIM is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
Warning: BCIM has an average volume of 8666 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month BCIM has a been trading in the 18.90 - 21.09 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
The technical rating of BCIM is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
19.59
22.66
2 important support areas can be observed.
- Support @20.14 from a horizontal line in the weekly time frame.
- Support @19.79 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 20.62 to 21.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 21.93 to 22.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.17
Mansfield-0.86
10 Day High21.09
10 Day Low20.1
20 Day High21.09
20 Day Low18.9
52 Week High26.79
52 Week Low18.9
Performance
1 Week-4.36%
2 Weeks-0.83%
1 Month-6.42%
3 Month-0.25%
6 Month-13.58%
12 Month-16.67%
2 Year-5.91%
3 Year-27.01%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.03
RSI(14)41.82
LBB19.88
UBB21.15
NYSEARCA:BCIM (5/1/2025, 8:46:50 PM)
20.17
+0.05 (+0.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.27%
1 Week-4.36%
2 Weeks-0.83%
1 Month-6.42%
3 Month-0.25%
6 Month-13.58%
12 Month-16.67%
2 Year-5.91%
3 Year-27.01%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%1.93%
ATR Inc48.93%
Range Today0.04
ADR(20)0.23
ADR(20)%1.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.17
Mansfield-0.86
10 Day High21.09
10 Day Low20.1
20 Day High21.09
20 Day Low18.9
52 Week High26.79
52 Week Low18.9
CS1 End20.14
CR1 Start20.62
Volume & EV
DER(3)-0.24%
DER(5)-0.84%
Volume1.40K
Volume Incr-29.77%
Vol(5)4.66K
Vol(50)8.67K