Blockchain Coinvestors Acquisition Corporation I (BCSA) Stock Technical Analysis
NASDAQ:BCSA - Nasdaq - KYG117651078 - Common Stock - Currency: USD
Overall BCSA gets a technical rating of 7 out of 10. 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.
Warning: BCSA has an average volume of 14078 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
BCSA is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so BCSA is performing more or less in line with the market.
When comparing the performance of all stocks over the past year, BCSA turns out to be only a medium performer in the overall market: it outperformed 46% of all stocks.
In the last month BCSA has a been trading in a tight range between 11.30 and 11.62.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, BCSA 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
11.73
When analyzing the support we can see 2 important areas.
- 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. |
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)
Blockchain Coinvestors Acquisition Corporation I
NASDAQ:BCSA (11/11/2024, 8:22:42 PM)
11.58
+0.03 (+0.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.26%
1 Week0.15%
2 Weeks0.61%
1 Month3.06%
3 Month3.21%
6 Month3.39%
12 Month6.93%
2 Year13.53%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%0.44%
ATR Inc79.87%
Range Today0.05
ADR(20)0.03
ADR(20)%0.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.96
Mansfield-1.05
10 Day High11.62
10 Day Low11.52
20 Day High11.62
20 Day Low11.3
52 Week High11.88
52 Week Low10.78
CS1 End11.56
CR1 Start11.58
Volume & EV
DER(3)0%
DER(5)-0.1%
Volume4.20K
Volume Incr-50.81%
Vol(5)6.50K
Vol(50)14.08K