Taking everything into account, BCPC scores 5 out of 10 in our technical rating. In the past year, BCPC was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
BCPC has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 159.63. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 157.16, 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.
More info and screens
138.89
When analyzing the support we can see 4 important areas.
- A support zone ranging from 154.90 to 157.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @151.49 from a trend line 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.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 159.63 to 160.62. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 164.10 to 165.02. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @168.26 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 180.78 to 182.45. 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 | 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 | 51.07 | NEUTRAL | BCPC is not amongst the best or worst performers 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 | MIXED | The current price of BCPC is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57 | NEUTRAL | The RSI value for BCPC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.32 | POSITIVE | The MACD value suggests BCPC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.79 | 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) | 19.19 | NEGATIVE | The low ADX value for BCPC suggests a weak or negative trend. |
159.03
-0.18 (-0.11%)
BALCHEM CORP / BCPC FAQ
What is the ChartMill technical rating of BALCHEM CORP (BCPC) stock?
ChartMill assigns a technical rating of 5 / 10 to BCPC.
Can you provide the trend direction for BALCHEM CORP?
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 57.001. This indicates that the stock is currently neutral.
What is the support and resistance level for BCPC stock?
BALCHEM CORP (BCPC) has a support level at 157.16 and a resistance level at 159.63. Check the full technical report for our detailed analysis of BCPC support and resistance levels.