BALCHEM CORP (BCPC) Stock Technical Analysis
NASDAQ:BCPC - Nasdaq - US0576652004 - Common Stock - Currency: USD
Taking everything into account, BCPC scores 2 out of 10 in our technical rating. BCPC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, BCPC is a bad performer in the overall market: 79% of all stocks are doing better.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
BCPC is an average performer in the Chemicals industry, it outperforms 44% of 85 stocks in the same industry.
BCPC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BCPC is lagging the market.
In the last month BCPC has a been trading in the 152.42 - 165.47 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BCPC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
148.99
182.59
3 important support areas can be observed.
- Support @157.44 from a trend line in the weekly time frame.
- A support zone ranging from 153.63 to 154.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 150.49 to 150.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 160.59 to 163.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 166.16 to 168.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 175.70 to 176.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @180.78 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 | NEUTRAL | NEUTRAL | The long term trend for BCPC is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BCPC is neutral. |
| ChartMill Relative Strength | 21.42 | NEGATIVE | BCPC has a low relative strength, it was outperformed by 78.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BCPC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BCPC is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BCPC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.82 | NEUTRAL | The RSI value for BCPC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests BCPC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.24 | NEUTRAL | The Stochastics value for BCPC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.05 | MEDIUM VOLATILITY | The ATR as a percentage value for BCPC suggests some volalility. |
| Average Directional Index/ADX (14) | 17.03 | NEGATIVE | The low ADX value for BCPC 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)
158.44
-3.49 (-2.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-2.16%
1 Week-3.99%
2 Weeks-0.16%
1 Month-4%
3 Month-1.42%
6 Month2.74%
12 Month-4.6%
2 Year17.59%
3 Year16.71%
5 Year58.03%
10 Year179.58%
15 Year499.02%
Volatility
ATR(14)3.27
ATR(20)%2.05%
ATR Inc-3.42%
Range Today2.61
ADR(20)3.19
ADR(20)%2.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.42
Mansfield-1.25
10 Day High165.13
10 Day Low157.19
20 Day High165.47
20 Day Low152.42
52 Week High186.03
52 Week Low145.7
CS1 End157.44
CR1 Start160.59
Volume & EV
DER(3)-2.48%
DER(5)-2.13%
Volume102.90K
Volume Incr-21.06%
Vol(5)130.88K
Vol(50)151.23K