BLACKROCK RESOURCES & COMMOD (BCX) Stock Technical Analysis
USA - NYSE:BCX - US09257A1088
10.01 USD
-0.03 (-0.3%)
10.05 USD
+0.04 (+0.4%)
Overall BCX gets a technical rating of 8 out of 10. Although BCX is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
BCX 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.
When comparing the performance of all stocks over the past year, BCX turns out to be only a medium performer in the overall market: it outperformed 55% of all stocks.
In the last month BCX has a been trading in a tight range between 9.67 and 10.20.
Besides having an excellent technical rating, BCX also presents 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.
More info and screens
8.39
10.27
We found 3 important support areas.
- A support zone ranging from 9.72 to 9.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.25 to 9.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.47 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.03 to 10.17. 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 | UP | POSITIVE | The short term trend for BCX is up. |
| ChartMill Relative Strength | 55.92 | NEUTRAL | BCX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BCX is below the rising 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) | 55.65 | NEUTRAL | The RSI value for BCX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests BCX has a negative trend. |
| Stochastics (14,3) | 34.54 | NEUTRAL | The Stochastics value for BCX is a neutral value. |
| Average True Range in percent/ATR (20) | 1.07 | LOW VOLATILITY | The low ATR as a percentage value for BCX suggests low volalility. |
| Average Directional Index/ADX (14) | 24.89 | NEUTRAL | The ADX value for BCX 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)
10.01
-0.03 (-0.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.3%
1 Week-1.22%
2 Weeks-0.2%
1 Month3.62%
3 Month6.6%
6 Month7.63%
12 Month8.8%
2 Year8.69%
3 Year15.19%
5 Year68.24%
10 Year40.99%
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%1.07%
ATR Inc-40.22%
Range Today0.05
ADR(20)0.1
ADR(20)%1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.92
Mansfield-0.36
10 Day High10.2
10 Day Low9.93
20 Day High10.2
20 Day Low9.67
52 Week High10.2
52 Week Low7.84
CS1 End9.78
CR1 Start10.03
Volume & EV
DER(3)-9.68%
DER(5)-6.67%
Volume133.20K
Volume Incr-10.69%
Vol(5)154.78K
Vol(50)181.68K