Overall BCPC gets a technical rating of 3 out of 10. In the past year, BCPC was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
BCPC has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 156.52. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 154.99, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
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138.89
We found 4 important support areas.
- A support zone ranging from 154.54 to 154.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 151.49 to 151.96. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @144.63 from a horizontal line in the weekly time frame.
- Support @140.29 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 156.52 to 158.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @164.10 from a horizontal line in the daily time frame.
- A resistance zone ranging from 167.35 to 168.26. 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 | UP | POSITIVE | The short term trend for BCPC is up. |
| ChartMill Relative Strength | 26.41 | NEGATIVE | BCPC has a low relative strength, it was outperformed by 73.59% 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) | DOWN | MIXED | The current price of BCPC is above a declining 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) | 56.29 | NEUTRAL | The RSI value for BCPC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests BCPC has a positive trend. |
| Stochastics (14,3) | 70.35 | NEUTRAL | The Stochastics value for BCPC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.88 | LOW VOLATILITY | The low ATR as a percentage value for BCPC suggests low volalility. |
| Average Directional Index/ADX (14) | 20.36 | NEUTRAL | The ADX value for BCPC suggests a possible start of a new trend. |
156.21
-0.31 (-0.2%)
BALCHEM CORP / BCPC FAQ
What is the ChartMill technical rating of BALCHEM CORP (BCPC) stock?
ChartMill assigns a technical rating of 3 / 10 to BCPC.
What is the trend direction for BCPC stock?
The current trend direction for BALCHEM CORP (BCPC) is Bearish.
What is the RSI signal for BCPC stock?
BALCHEM CORP (BCPC) has an RSI value of 56.2903. This indicates that the stock is currently neutral.
What are the support and resistance levels for BALCHEM CORP (BCPC) stock?
BALCHEM CORP (BCPC) has a support level at 154.99 and a resistance level at 156.52. Check the full technical report for our detailed analysis of BCPC support and resistance levels.