BGC GROUP INC-A (BGC) Stock Technical Analysis
USA - NASDAQ:BGC - US0889291045 - Common Stock
10.17 USD
-0.04 (-0.39%)
10.17 USD
0 (0%)
Overall BGC gets a technical rating of 5 out of 10. BGC has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
The long and short term trends are both positive. This is looking good!
BGC has an average volume of 2554760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, BGC turns out to be only a medium performer in the overall market: it outperformed 53% of all stocks.
BGC is an average performer in the Capital Markets industry, it outperforms 63% of 238 stocks in the same industry.
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.
In the last month BGC has a been trading in the 9.53 - 10.49 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, BGC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 10.08, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BGC in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
7.63
10.78
When analyzing the support we can see 5 important areas.
- A support zone ranging from 9.93 to 10.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.17 to 9.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.34 from a trend line in the weekly time frame.
- Support @7.94 from a horizontal line in the weekly time frame.
- Support @7.71 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @10.23 from a trend line in the daily time frame.
- Resistance @10.67 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 | UP | POSITIVE | The long term trend for BGC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BGC is up. |
| ChartMill Relative Strength | 53.48 | NEUTRAL | BGC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BGC is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BGC is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BGC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.32 | NEUTRAL | The RSI value for BGC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests BGC has a positive trend. |
| Stochastics (14,3) | 81.43 | OVERBOUGHT | The high Stochastics value suggests BGC may be overbought. |
| Average True Range in percent/ATR (20) | 2.33 | MEDIUM VOLATILITY | The ATR as a percentage value for BGC suggests some volalility. |
| Average Directional Index/ADX (14) | 10.31 | NEGATIVE | The low ADX value for BGC 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)
10.17
-0.04 (-0.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-0.39%
1 Week2.31%
2 Weeks2.01%
1 Month-2.21%
3 Month7.62%
6 Month15.44%
12 Month6.05%
2 Year92.61%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%2.33%
ATR Inc-20.55%
Range Today0.11
ADR(20)0.23
ADR(20)%2.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.48
Mansfield-0.37
10 Day High10.29
10 Day Low9.53
20 Day High10.5
20 Day Low9.53
52 Week High11.79
52 Week Low7.24
CS1 End10.08
CR1 Start10.23
Volume & EV
DER(3)1.98%
DER(5)3.08%
Volume2.01M
Volume Incr19.83%
Vol(5)2.70M
Vol(50)2.55M