BGC GROUP INC-A (BGC)

US0889291045 - Common Stock

8.22  +0.16 (+1.99%)

After market: 8.22 0 (0%)

Technical Rating and Analysis

7

Overall BGC gets a technical rating of 7 out of 10. Although BGC is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.

When comparing the yearly performance of all stocks, BGC is a bad performer in the overall market: 100% of all stocks are doing better.
BGC is part of the Capital Markets industry. There are 212 other stocks in this industry, of which 89% are performing better than BGC.
The long and short term trends are both positive. This is looking good!
In the last month BGC has a been trading in the 7.43 - 8.37 range, which is quite wide. It is currently trading near the high of this range.
BGC has an average volume of 6133690 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

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Weekly and Daily overview Charts
BGC Weekly chart
BGC Daily chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, BGC 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 resistance zone just above the current price starting at 8.51. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 8.03, a Stop Loss order could be placed below this zone.

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Support and Resistance Analysis

7.24

8.65

We found 3 important support areas.

  • A support zone ranging from 7.70 to 8.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @7.51 from a horizontal line in the daily time frame.
  • Support @7.31 from a trend line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 8.51 to 8.56. This zone is formed by a combination of multiple trend lines in multiple time frames.

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Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High8.37
10 Day Low7.61
20 Day High8.37
20 Day Low7.43
52 Week HighN/A
52 Week LowN/A
Performance
1 Week-0.96%
2 Weeks6.61%
1 Month1.11%
3 Month14.01%
6 Month34.53%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A

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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)

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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)
Technical Indicators
MACD(12,26,9)0.03
RSI(14)58.34
LBB7.39
UBB8.43

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Example Setup

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.

ENTRYEXITDISTANCECAPITAL
8.577.600.97 (11.32%)8.84%
An entry @8.57. This is a Buy Stop order right above the resistance zone.An exit @7.60. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.97 points, which is 11.32%.When investing 8.84% of your capital in this trade, your total portfolio risk will be 1.00%.

  • 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.

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BGC Daily chart

BGC GROUP INC-A

NASDAQ:BGC (5/3/2024, 7:00:01 PM)

After market: 8.22 0 (0%)

8.22

+0.16 (+1.99%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg1.99%
1 Week-0.96%
2 Weeks6.61%
1 Month1.11%
3 Month14.01%
6 Month34.53%
12 MonthN/A
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.25
ATR(20)%3.04%
ATR Inc
Range Today0.17
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High8.37
10 Day Low7.61
20 Day High8.37
20 Day Low7.43
52 Week HighN/A
52 Week LowN/A
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.92M
Volume Incr36.77%
Vol(5)4.50M
Vol(50)6.13M