BGC GROUP INC-A (BGC) Stock Technical Analysis
USA - NASDAQ:BGC - US0889291045 - Common Stock
9.04 USD
-0.03 (-0.33%)
9.04 USD
0 (0%)
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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
80% of all other stocks performed better in the past year than BGC.
BGC is one of the lesser performing stocks in the Capital Markets industry. 62% of 237 stocks in the same industry do better.
In the last month BGC has a been trading in the 8.52 - 9.57 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
BGC has an average volume of 2995980 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
BGC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BGC is lagging the market.
Although the technical rating is bad, BGC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
7.63
10.61
3 important support areas can be observed.
- Support @9.03 from a trend line in the weekly 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.
5 important resistance areas can be observed.
- A resistance zone ranging from 9.10 to 9.22. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 9.39 to 9.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @9.67 from a trend line in the daily time frame.
- Resistance @10.28 from a horizontal line in the weekly time frame.
- Resistance @10.50 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 | DOWN | NEGATIVE | The long term trend for BGC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BGC is down. |
| ChartMill Relative Strength | 20.08 | NEGATIVE | BGC has a low relative strength, it was outperformed by 79.92% 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) | 41.9 | NEUTRAL | The RSI value for BGC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests BGC has a negative trend. |
| Stochastics (14,3) | 58.13 | NEUTRAL | The Stochastics value for BGC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.53 | MEDIUM VOLATILITY | The ATR as a percentage value for BGC suggests some volalility. |
| Average Directional Index/ADX (14) | 26.42 | POSITIVE | The high ADX value value for BGC suggests a strong 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)
9.04
-0.03 (-0.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-0.33%
1 Week-2.27%
2 Weeks-1.09%
1 Month-1.53%
3 Month-11.98%
6 Month-1.85%
12 Month-13.08%
2 Year39.08%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%2.53%
ATR Inc-31.22%
Range Today0.16
ADR(20)0.23
ADR(20)%2.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.08
3 months CRS18.16
6 months CRS28.74
Mansfield-1.33
10 Day High9.4
10 Day Low8.52
20 Day High9.57
20 Day Low8.52
52 Week High10.96
52 Week Low7.24
CS1 End9.03
CR1 Start9.1
Volume & EV
DER(3)-2.78%
DER(5)-2.09%
Volume2.45M
Volume Incr-5.63%
Vol(5)2.82M
Vol(50)3.00M
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.
What is the current trend direction of BGC GROUP INC-A (BGC) stock?
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 41.9033. This indicates that the stock is currently neutral.
What is the short term momentum for BGC stock?
The short term momentum for BGC GROUP INC-A (BGC) is negative.
What are the support and resistance levels for BGC GROUP INC-A (BGC) stock?
BGC GROUP INC-A (BGC) has a support level at 9.03 and a resistance level at 9.1. Check the full technical report for our detailed analysis of BGC support and resistance levels.