BARCLAYS PLC-SPONS ADR (BCS) Stock Technical Analysis
NYSE:BCS - New York Stock Exchange, Inc. - US06738E2046 - ADR - Currency: USD
Taking everything into account, BCS scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, BCS has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, BCS did better than 91% of all other stocks. On top of that, BCS also shows a nice and consistent pattern of rising prices.
BCS is part of the Banks industry. There are 397 other stocks in this industry. BCS outperforms 96% of them.
BCS is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month BCS has a been trading in the 17.22 - 18.82 range, which is quite wide. It is currently trading near the high of this range.
BCS has an average volume of 14258000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, BCS also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for BCS in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
12.35
19.00
6 important support areas can be observed.
- A support zone ranging from 17.33 to 17.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @14.54 from a trend line in the weekly time frame.
- Support @14.09 from a trend line in the weekly time frame.
- Support @13.22 from a trend line in the daily time frame.
- Support @12.96 from a horizontal line in the daily time frame.
- Support @12.47 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 18.40 to 18.81. This zone is formed by a combination of multiple trend lines and important moving averages 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 BCS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BCS is up. |
| ChartMill Relative Strength | 91.02 | POSITIVE | BCS has a high relative strength, it outperformed 91.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BCS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BCS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BCS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.1 | NEUTRAL | The RSI value for BCS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests BCS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.53 | OVERBOUGHT | The high Stochastics value suggests BCS may be overbought. |
| Average True Range in percent/ATR (20) | 1.96 | LOW VOLATILITY | The low ATR as a percentage value for BCS suggests low volalility. |
| Average Directional Index/ADX (14) | 14.19 | NEGATIVE | The low ADX value for BCS suggests a weak or negative 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 18.82 | 17.72 | 1.10 (5.84%) | 17.11% |
| An entry @18.82. This is a Buy Stop order right above the resistance zone. | An exit @17.72. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.10 points, which is 5.84%. | For a 1.00% total portfolio risk, you can invest 17.11% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
18.4
-0.41 (-2.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-2.18%
1 Week0.77%
2 Weeks0.38%
1 Month4.84%
3 Month31.99%
6 Month45%
12 Month58.62%
2 Year130.29%
3 Year136.2%
5 Year251.15%
10 Year2.34%
15 Year-11.84%
Volatility
ATR(14)0.37
ATR(20)%1.96%
ATR Inc-5.82%
Range Today0.19
ADR(20)0.22
ADR(20)%1.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.02
Mansfield1.94
10 Day High18.82
10 Day Low17.73
20 Day High18.82
20 Day Low17.22
52 Week High18.82
52 Week Low10.23
CS1 End17.59
CR1 Start18.4
Volume & EV
DER(3)7.99%
DER(5)6.19%
Volume12.66M
Volume Incr16.21%
Vol(5)16.17M
Vol(50)14.26M