BLACKROCK ENHANCED EQTY DVD (BDJ) Stock Technical Analysis
USA - NYSE:BDJ - US09251A1043
9.01 USD
+0.02 (+0.22%)
9.0456 USD
+0.04 (+0.4%)
Taking everything into account, BDJ scores 7 out of 10 in our technical rating. Although BDJ 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!
BDJ 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 compared to the yearly performance of all other stocks, BDJ outperforms 50% of them, which is more or less in line with the market.
In the last month BDJ has a been trading in a tight range between 8.86 and 9.11.
Besides having an excellent technical rating, BDJ also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 8.93, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BDJ in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
7.64
9.20
5 important support areas can be observed.
- A support zone ranging from 8.89 to 8.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.69 to 8.72. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 8.47 to 8.52. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 7.88 to 7.98. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @7.72 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 9.01 to 9.11. 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 BDJ is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BDJ is up. |
| ChartMill Relative Strength | 50.91 | NEUTRAL | BDJ is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BDJ is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BDJ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BDJ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.87 | NEUTRAL | The RSI value for BDJ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BDJ has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.04 | NEUTRAL | The Stochastics value for BDJ is a neutral value. |
| Average True Range in percent/ATR (20) | 0.71 | LOW VOLATILITY | The low ATR as a percentage value for BDJ suggests low volalility. |
| Average Directional Index/ADX (14) | 17.83 | NEGATIVE | The low ADX value for BDJ 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)
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 |
|---|---|---|---|
| 9.04 | 8.97 | 0.07 (0.81%) | 25.00% |
| An entry @9.04. This is a Buy Stop order right above the 10 day moving average. | An exit @8.97. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.07 points, which is 0.81%. | For a 0.20% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of BDJ. Please evaluate whether better entry and exit points can be found.
- 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.
9.01
+0.02 (+0.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.22%
1 Week-0.44%
2 Weeks-0.22%
1 Month1.92%
3 Month5.63%
6 Month4.89%
12 Month5.75%
2 Year18.4%
3 Year11.1%
5 Year23.26%
10 Year25.14%
15 Year8.16%
Volatility
ATR(14)0.06
ATR(20)%0.71%
ATR Inc-33.04%
Range Today0.05
ADR(20)0.06
ADR(20)%0.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.91
Mansfield-0.69
10 Day High9.11
10 Day Low8.98
20 Day High9.11
20 Day Low8.86
52 Week High9.11
52 Week Low7.16
CS1 End8.93
CR1 Start9.01
Volume & EV
DER(3)2.38%
DER(5)4.36%
Volume366.30K
Volume Incr-6.52%
Vol(5)342.64K
Vol(50)382.29K