BDT Technical Analysis - BIRD CONSTRUCTION INC

Technical Rating and Analysis

Taking everything into account, BDT scores 6 out of 10 in our technical rating. Although BDT is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

BDT is part of the Construction & Engineering industry. There are 6 other stocks in this industry, of which 100% are performing better than BDT.

The long and short term trends are both positive. This is looking good!

BDT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BDT is lagging the market slightly.

In the last month BDT has a been trading in the 22.40 - 28.88 range, which is quite wide. It is currently trading near the high of this range.

When comparing the performance of all stocks over the past year, BDT turns out to be only a medium performer in the overall market: it outperformed 59% of all stocks.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

BIRD CONSTRUCTION INC / BDT Weekly stock chart

BIRD CONSTRUCTION INC / BDT Daily stock chart

Setup Rating and Analysis

BDT has an average technical rating and also the quality of the setup is only medium 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

21.57

30.62

We found 3 important support areas.

Support @25.85 from a horizontal line in the daily time frame.
A support zone ranging from 23.13 to 23.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @21.79 from a trend line in the weekly time frame.

When analyzing the resistance we notice 3 important areas.

Resistance @28.56 from a trend line in the daily time frame.
Resistance @29.08 from a trend line in the weekly time frame.
A resistance zone ranging from 30.30 to 30.32. This zone is formed by a combination of multiple trend lines in the daily time frame.

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Technical Indicator Signal Analysis

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 BDT.CA is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for BDT.CA is up.
ChartMill Relative Strength	59.65	NEUTRAL	BDT.CA is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of BDT.CA is above the rising SMA(20).
Simple Moving Average/SMA (50)	DOWN	MIXED	The current price of BDT.CA is above a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	MIXED	The current price of BDT.CA is above a declining SMA(200).
Relative Strength Index/RSI (14)	60.99	NEUTRAL	The RSI value for BDT.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.53	POSITIVE	The MACD value suggests BDT.CA has a positive trend, although the MACD value is declining.
Stochastics (14,3)	87.91	OVERBOUGHT	The high Stochastics value suggests BDT.CA may be overbought.
Average True Range in percent/ATR (20)	3.06	MEDIUM VOLATILITY	The ATR as a percentage value for BDT.CA suggests some volalility.
Average Directional Index/ADX (14)	31.66	POSITIVE	The high ADX value value for BDT.CA suggests a strong trend.