BANCROFT FUND LTD (BCV) Stock Technical Analysis
USA - NYSEARCA:BCV - US0596951063
We assign a technical rating of 10 out of 10 to BCV. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BCV is showing a nice and steady performance.
BCV has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 23.64. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 23.02, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
16.59
When analyzing the support we can see 2 important areas.
- A support zone ranging from 22.01 to 23.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @16.76 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 23.64 to 23.84. 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 BCV is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BCV is up. |
| ChartMill Relative Strength | 85.37 | POSITIVE | BCV has a high relative strength, it outperformed 85.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BCV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BCV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BCV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.36 | NEUTRAL | The RSI value for BCV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests BCV has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 62.62 | NEUTRAL | The Stochastics value for BCV is a neutral value. |
| Average True Range in percent/ATR (20) | 1.53 | LOW VOLATILITY | The low ATR as a percentage value for BCV suggests low volalility. |
| Average Directional Index/ADX (14) | 21.76 | NEUTRAL | The ADX value for BCV suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 23.85 | 22.84 | 1.01 (4.23%) | 23.61% |
| An entry @23.85. This is a Buy Stop order right above the resistance zone. | An exit @22.84. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.01 points, which is 4.23%. | For a 1.00% total portfolio risk, you can invest 23.61% 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.
NYSEARCA:BCV (11/11/2025, 8:04:00 PM)
23.57
-0.1 (-0.42%)
BANCROFT FUND LTD / BCV FAQ
What is the ChartMill technical rating of BANCROFT FUND LTD (BCV) stock?
ChartMill assigns a technical rating of 10 / 10 to BCV.
What is the current trend direction of BANCROFT FUND LTD (BCV) stock?
The current trend direction for BANCROFT FUND LTD (BCV) is Bullish.
What is the RSI signal for BCV stock?
BANCROFT FUND LTD (BCV) has an RSI value of 57.3649. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BANCROFT FUND LTD?
The MACD indicator for BANCROFT FUND LTD (BCV) has a value of -0.0742479, indicating a bearish trend.
Can you provide the short term momentum for BANCROFT FUND LTD?
The short term momentum for BANCROFT FUND LTD (BCV) is positive.