BALCHEM CORP (BCPC) Stock Technical Analysis
NASDAQ:BCPC - US0576652004 - Common Stock
162.09 USD
+0.1 (+0.06%)
162.09 USD
0 (0%)
Overall BCPC gets a technical rating of 5 out of 10. BCPC has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
80% of all other stocks performed better in the past year than BCPC.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
BCPC is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
BCPC is an average performer in the Chemicals industry, it outperforms 46% of 84 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.
Although the technical rating is only medium, BCPC does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
147.32
185.25
We found 2 important support areas.
- A support zone ranging from 158.49 to 160.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 148.81 to 150.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 162.17 to 164.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong resistance @167.35 from a horizontal line in the daily time frame.
- A resistance zone ranging from 180.78 to 183.42. 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 | NEUTRAL | NEUTRAL | The long term trend for BCPC is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BCPC is up. |
| ChartMill Relative Strength | 20.64 | NEGATIVE | BCPC has a low relative strength, it was outperformed by 79.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BCPC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BCPC is above 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) | 55.63 | 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) | 56.51 | NEUTRAL | The Stochastics value for BCPC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.73 | LOW VOLATILITY | The low ATR as a percentage value for BCPC suggests low volalility. |
| Average Directional Index/ADX (14) | 26.07 | POSITIVE | The high ADX value value for BCPC 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)
162.09
+0.1 (+0.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg0.06%
1 Week-1.84%
2 Weeks1.05%
1 Month6.52%
3 Month-2.77%
6 Month-6.86%
12 Month-8.44%
2 Year15.37%
3 Year22.96%
5 Year65.91%
10 Year176.94%
15 Year562.95%
Volatility
ATR(14)2.56
ATR(20)%1.73%
ATR Inc-2.9%
Range Today2.37
ADR(20)2.73
ADR(20)%1.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.64
Mansfield-1.07
10 Day High166.47
10 Day Low159.7
20 Day High166.47
20 Day Low152.18
52 Week High185.96
52 Week Low145.7
CS1 End160.87
CR1 Start162.17
Volume & EV
DER(3)-0.62%
DER(5)-0.31%
Volume195.20K
Volume Incr-9.25%
Vol(5)169.42K
Vol(50)177.25K