ETRACS QUARTERLY PAY 1.5X LE (BDCX) Stock Technical Analysis
NYSEARCA:BDCX - NYSE Arca - US90269A2603 - ETF - Currency: USD
We assign a technical rating of 2 out of 10 to BDCX. Recently some decent action could be observed, but in the medium term time frame this is still negative. BDCX was also a bad performer in the overall market in the last year.
82% of all other stocks performed better in the past year than BDCX.
Warning: BDCX has an average volume of 3482 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month BDCX has a been trading in the 26.10 - 28.75 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
BDCX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BDCX is lagging the market slightly.
BDCX has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
24.37
35.42
We found 2 important support areas.
- A support zone ranging from 27.83 to 28.17. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 24.62 to 24.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 28.33 to 28.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @31.31 from a horizontal line in the daily time frame.
- Resistance @35.07 from a horizontal line in the weekly time frame.
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 | DOWN | NEGATIVE | The long term trend for BDCX is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BDCX is up. |
| ChartMill Relative Strength | 18.82 | NEGATIVE | BDCX has a low relative strength, it was outperformed by 81.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BDCX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BDCX is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BDCX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.76 | NEUTRAL | The RSI value for BDCX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests BDCX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 60.8 | NEUTRAL | The Stochastics value for BDCX is a neutral value. |
| Average True Range in percent/ATR (20) | 1.29 | LOW VOLATILITY | The low ATR as a percentage value for BDCX suggests low volalility. |
| Average Directional Index/ADX (14) | 17.07 | NEGATIVE | The low ADX value for BDCX suggests a weak or negative 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)
NYSEARCA:BDCX (6/4/2025, 8:07:15 PM)
28.2041
-0.14 (-0.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.48%
1 Week-0.79%
2 Weeks-1.89%
1 Month7.47%
3 Month-13.72%
6 Month-12.57%
12 Month-18.12%
2 Year-6.52%
3 Year-9.26%
5 Year16.66%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%1.29%
ATR Inc-51.27%
Range Today0.11
ADR(20)0.18
ADR(20)%0.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.82
Mansfield-1.36
10 Day High28.59
10 Day Low27.46
20 Day High28.75
20 Day Low26.1
52 Week High36.3
52 Week Low23.95
CS1 End28.17
CR1 Start28.33
Volume & EV
DER(3)0%
DER(5)0%
Volume500
Volume Incr-75.24%
Vol(5)640
Vol(50)3.48K