Overall BGC gets a technical rating of 0 out of 10. BGC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of BGC is bad and it also does not present a quality setup 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
7.63
We found 5 important support areas.
- Support @8.69 from a trend line in the weekly time frame.
- Support @8.48 from a trend line in the daily time frame.
- Support @8.26 from a horizontal line in the daily time frame.
- Support @7.94 from a horizontal line in the weekly time frame.
- A support zone ranging from 7.71 to 7.78. This zone is formed by a combination of multiple trend lines in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 8.92 to 9.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @9.39 from a horizontal line in the daily time frame.
- Resistance @10.36 from a trend 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 | NEUTRAL | NEUTRAL | The long term trend for BGC is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BGC is down. |
| ChartMill Relative Strength | 24.08 | NEGATIVE | BGC has a low relative strength, it was outperformed by 75.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BGC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BGC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BGC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.11 | NEUTRAL | The RSI value for BGC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests BGC has a negative trend. |
| Stochastics (14,3) | 15.64 | OVERSOLD | The low Stochastics value suggests BGC may be oversold. |
| Average True Range in percent/ATR (20) | 1.92 | LOW VOLATILITY | The low ATR as a percentage value for BGC suggests low volalility. |
| Average Directional Index/ADX (14) | 16.49 | NEGATIVE | The low ADX value for BGC suggests a weak or negative trend. |
8.69
-0.13 (-1.47%)
BGC GROUP INC-A / BGC FAQ
Can you provide the ChartMill technical rating for BGC GROUP INC-A?
ChartMill assigns a technical rating of 0 / 10 to BGC.
Can you provide the trend direction for BGC GROUP INC-A?
The current trend direction for BGC GROUP INC-A (BGC) is Bearish.
Can you provide the RSI signal for BGC GROUP INC-A?
BGC GROUP INC-A (BGC) has an RSI value of 38.1084. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BGC GROUP INC-A?
The MACD indicator for BGC GROUP INC-A (BGC) has a value of -0.0313173, indicating a bearish trend.
Can you provide the short term momentum for BGC GROUP INC-A?
The short term momentum for BGC GROUP INC-A (BGC) is negative.