BLACKROCK RESOURCES & COMMOD (BCX) Stock Technical Analysis
NYSE:BCX - New York Stock Exchange, Inc. - US09257A1088 - Currency: USD
Taking everything into account, BCX scores 5 out of 10 in our technical rating. In the last year, BCX was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
BCX has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 9.57, a Stop Loss order could be placed below this zone.
More info and screens
8.22
We found 3 important support areas.
- A support zone ranging from 9.32 to 9.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.47 from a horizontal line in the weekly time frame.
- Support @8.30 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 9.63 to 9.79. 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 BCX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BCX is neutral. |
| ChartMill Relative Strength | 54.69 | NEUTRAL | BCX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BCX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BCX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BCX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.9 | NEUTRAL | The RSI value for BCX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests BCX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.23 | NEUTRAL | The Stochastics value for BCX is a neutral value. |
| Average True Range in percent/ATR (20) | 1.14 | LOW VOLATILITY | The low ATR as a percentage value for BCX suggests low volalility. |
| Average Directional Index/ADX (14) | 14.86 | NEGATIVE | The low ADX value for BCX suggests a weak or negative trend. |
NYSE:BCX (8/5/2025, 8:04:00 PM)
9.58
+0.12 (+1.27%)