BALCHEM CORP (BCPC) Stock Technical Analysis
USA - NASDAQ:BCPC - US0576652004 - Common Stock
Taking everything into account, BCPC scores 1 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.
Although the technical rating is bad, BCPC does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
138.89
2 important support areas can be observed.
- Support @144.63 from a horizontal line in the weekly time frame.
- Support @140.29 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 152.45 to 156.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 159.94 to 160.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 164.75 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 | DOWN | NEGATIVE | The long term trend for BCPC is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BCPC is neutral. |
| ChartMill Relative Strength | 22.78 | NEGATIVE | BCPC has a low relative strength, it was outperformed by 77.22% 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 | NEGATIVE | The current price of BCPC is below 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) | 51.04 | NEUTRAL | The RSI value for BCPC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests BCPC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 53.44 | NEUTRAL | The Stochastics value for BCPC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.34 | MEDIUM VOLATILITY | The ATR as a percentage value for BCPC suggests some volalility. |
| Average Directional Index/ADX (14) | 22.45 | NEUTRAL | The ADX value for BCPC suggests a possible start of a new trend. |
152.23
-0.48 (-0.31%)
BALCHEM CORP / BCPC FAQ
What is the ChartMill technical rating of BALCHEM CORP (BCPC) stock?
ChartMill assigns a technical rating of 1 / 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 51.0378. 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 144.63 and a resistance level at 152.45. Check the full technical report for our detailed analysis of BCPC support and resistance levels.