BARCLAYS PLC-SPONS ADR (BCS) Stock Technical Analysis
NYSE:BCS - New York Stock Exchange, Inc. - US06738E2046 - ADR - Currency: USD
Overall BCS gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BCS is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that BCS is one of the better performing stocks in the market, outperforming 92% of all stocks. On top of that, BCS also shows a nice and consistent pattern of rising prices.
BCS is one of the better performing stocks in the Banks industry, it outperforms 97% of 396 stocks in the same industry.
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.
BCS has an average volume of 14933200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month BCS has a been trading in the 17.06 - 18.23 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BCS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 17.54, a Stop Loss order could be placed below this zone. 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
18.39
We found 5 important support areas.
- A support zone ranging from 17.54 to 17.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.14 from a trend line in the weekly time frame.
- Support @13.57 from a trend line in the weekly time frame.
- A support zone ranging from 12.96 to 13.06. This zone is formed by a combination of multiple trend lines 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 18.21 to 18.21. 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 BCS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BCS is up. |
| ChartMill Relative Strength | 92.57 | POSITIVE | BCS has a high relative strength, it outperformed 92.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BCS is below 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) | 54.27 | NEUTRAL | The RSI value for BCS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests BCS has a negative trend. |
| Stochastics (14,3) | 47 | NEUTRAL | The Stochastics value for BCS is a neutral value. |
| Average True Range in percent/ATR (20) | 1.66 | LOW VOLATILITY | The low ATR as a percentage value for BCS suggests low volalility. |
| Average Directional Index/ADX (14) | 24.84 | NEUTRAL | The ADX value for BCS suggests a possible start of a new 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 |
|---|---|---|---|
| 17.87 | 17.54 | 0.33 (1.84%) | 25.00% |
| An entry @17.87. This is a Buy Stop order right above the 10 day moving average. | An exit @17.54. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.33 points, which is 1.84%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.46%. |
- The distance between exit and entry is rather small compared to the average daily movement of BCS. Please evaluate whether better entry and exit points can be found.
- 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.
17.55
-0.03 (-0.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.17%
1 Week-0.79%
2 Weeks-0.57%
1 Month3.24%
3 Month11.64%
6 Month29.52%
12 Month68.59%
2 Year123.28%
3 Year130.92%
5 Year210.07%
10 Year6.75%
15 Year10.45%
Volatility
ATR(14)0.31
ATR(20)%1.66%
ATR Inc34.12%
Range Today0.2
ADR(20)0.24
ADR(20)%1.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.57
Mansfield2.17
10 Day High18.23
10 Day Low17.55
20 Day High18.23
20 Day Low17.06
52 Week High18.23
52 Week Low10.23
CS1 End17.54
CR1 Start18.21
Volume & EV
DER(3)4.91%
DER(5)5.78%
Volume10.24M
Volume Incr-22.34%
Vol(5)11.13M
Vol(50)14.93M