We assign a technical rating of 7 out of 10 to BCSA. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BCSA is only an average performer.
BCSA 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 11.56, a Stop Loss order could be placed below this zone.
More info and screens
10.70
2 important support areas can be observed.
- A support zone ranging from 11.10 to 11.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.81 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 11.58 to 11.61. 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 BCSA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BCSA is up. |
| ChartMill Relative Strength | 46.96 | NEUTRAL | BCSA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BCSA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BCSA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BCSA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.46 | NEUTRAL | The RSI value for BCSA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BCSA has a negative trend. |
| Stochastics (14,3) | 64.72 | NEUTRAL | The Stochastics value for BCSA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.44 | LOW VOLATILITY | The low ATR as a percentage value for BCSA suggests low volalility. |
| Average Directional Index/ADX (14) | 31.46 | POSITIVE | The high ADX value value for BCSA suggests a strong trend. |
Blockchain Coinvestors Acquisition Corporation I
NASDAQ:BCSA (11/11/2024, 8:22:42 PM)
11.58
+0.03 (+0.26%)
Blockchain Coinvestors Acquisition Corporation I / BCSA FAQ
What is the ChartMill technical rating of Blockchain Coinvestors Acquisition Corporation I (BCSA) stock?
ChartMill assigns a technical rating of 7 / 10 to BCSA.
Can you provide the trend direction for Blockchain Coinvestors Acquisition Corporation I?
The current trend direction for Blockchain Coinvestors Acquisition Corporation I (BCSA) is Bullish.
Can you provide the RSI signal for Blockchain Coinvestors Acquisition Corporation I?
Blockchain Coinvestors Acquisition Corporation I (BCSA) has an RSI value of 62.455. This indicates that the stock is currently neutral.
What is the short term momentum for Blockchain Coinvestors Acquisition Corporation I (BCSA) stock?
The short term momentum for Blockchain Coinvestors Acquisition Corporation I (BCSA) is positive.
What is the buy/sell signal for BCSA stock?
The buy/sell signal for Blockchain Coinvestors Acquisition Corporation I (BCSA) is buy as both the short term and long term trends are positive.