BAYCOM CORP (BCML) Stock Technical Analysis
NASDAQ:BCML - Nasdaq - US07272M1071 - Common Stock - Currency: USD
Taking everything into account, BCML scores 7 out of 10 in our technical rating. In the last year, BCML was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
In the last month BCML has a been trading in the 26.06 - 27.97 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
Warning: BCML has an average volume of 27614 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, BCML did better than 86% of all other stocks.
BCML is one of the better performing stocks in the Banks industry, it outperforms 82% of 396 stocks in the same industry.
BCML is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BCML is lagging the market slightly.
Although BCML has an excellent technical rating, it does not offer a high quality setup 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
18.71
29.28
When analyzing the support we can see 5 important areas.
- A support zone ranging from 25.87 to 26.25. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @25.45 from a trend line in the weekly time frame.
- A support zone ranging from 24.76 to 24.88. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 24.08 to 24.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.90 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 26.33 to 26.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 28.99 to 28.99. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for BCML is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BCML is neutral. |
| ChartMill Relative Strength | 86.17 | POSITIVE | BCML has a high relative strength, it outperformed 86.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BCML is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BCML is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BCML is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.47 | NEUTRAL | The RSI value for BCML is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BCML has a negative trend. |
| Stochastics (14,3) | 44.8 | NEUTRAL | The Stochastics value for BCML is a neutral value. |
| Average True Range in percent/ATR (20) | 2.56 | MEDIUM VOLATILITY | The ATR as a percentage value for BCML suggests some volalility. |
| Average Directional Index/ADX (14) | 19.88 | NEGATIVE | The low ADX value for BCML 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)
26.32
-0.67 (-2.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-2.48%
1 Week-1.53%
2 Weeks-0.27%
1 Month-3.63%
3 Month5.2%
6 Month-8.83%
12 Month36.73%
2 Year57.79%
3 Year27.27%
5 Year103.87%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.62
ATR(20)%2.56%
ATR Inc25.7%
Range Today0.7
ADR(20)0.64
ADR(20)%2.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.17
Mansfield0.04
10 Day High27.97
10 Day Low26.14
20 Day High27.97
20 Day Low26.06
52 Week High30.13
52 Week Low18.54
CS1 End26.25
CR1 Start26.33
Volume & EV
DER(3)-3.67%
DER(5)-1.67%
Volume25.90K
Volume Incr3.44%
Vol(5)23.46K
Vol(50)27.61K