BALCHEM CORP (BCPC) Technical Analysis
NASDAQ:BCPC • US0576652004
Taking everything into account, BCPC scores 5 out of 10 in our technical rating. In the last year, BCPC was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- In the last month BCPC has a been trading in the 167.19 - 183.90 range, which is quite wide. It is currently trading near the lows of this range.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- When comparing the performance of all stocks over the past year, BCPC turns out to be only a medium performer in the overall market: it outperformed 58% of all stocks.
- BCPC is an average performer in the Chemicals industry, it outperforms 52% of 83 stocks in the same industry.
- BCPC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BCPC is lagging the market slightly.
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. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 180.78. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 160.75, a Stop Loss order could be placed below this zone.
More info and screens
145.88
We found 3 important support areas.
- A support zone ranging from 156.01 to 160.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @150.49 from a horizontal line in the weekly time frame.
- Support @147.35 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 180.78 to 183.27. 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 | UP | POSITIVE | The long term trend for BCPC is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BCPC is down. |
| ChartMill Relative Strength | 58.37 | NEUTRAL | BCPC is not amongst the best or worst performers 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 | POSITIVE | The current price of BCPC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BCPC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.96 | NEUTRAL | The RSI value for BCPC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.63 | NEGATIVE | The MACD value suggests BCPC has a negative trend. |
| Stochastics (14,3) | 20.81 | NEUTRAL | The Stochastics value for BCPC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.14 | MEDIUM VOLATILITY | The ATR as a percentage value for BCPC suggests some volalility. |
| Average Directional Index/ADX (14) | 22.42 | NEUTRAL | The ADX value for BCPC suggests a possible start of a new trend. |
BCPC Technicals: Chart, Performance Metrics, Trend & Indicators
170.37
-0.54 (-0.32%)
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 Bullish.
What is the RSI signal for BCPC stock?
BALCHEM CORP (BCPC) has an RSI value of 41.9628. This indicates that the stock is currently neutral.
What is the buy/sell signal for BCPC stock?
The buy/sell signal for BALCHEM CORP (BCPC) is hold as the short term and long term trends are mixed.
Can you provide the support and resistance levels for BALCHEM CORP?
BALCHEM CORP (BCPC) has a support level at 160.75 and a resistance level at 180.78. Check the full technical report for our detailed analysis of BCPC support and resistance levels.