BGC GROUP INC-A (BGC) Stock Technical Analysis
NASDAQ:BGC - Nasdaq - US0889291045 - Common Stock - Currency: USD
Taking everything into account, BGC scores 4 out of 10 in our technical rating. BGC has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
BGC has an average volume of 2975290 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When compared to the yearly performance of all other stocks, BGC outperforms 61% of them, which is more or less in line with the market.
BGC is part of the Capital Markets industry. There are 237 other stocks in this industry, BGC did better than 61% of them.
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 9.00 - 10.46 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BGC has an average technical rating and the quality of the presented setup is also not ideal 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
10.97
When analyzing the support we can see 5 important areas.
- A support zone ranging from 9.73 to 9.94. 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 9.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.22 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.75 to 10.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for BGC is neutral. |
| ChartMill Relative Strength | 61.88 | 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) | UP | POSITIVE | The current price of BGC is above the rising 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) | 52.14 | NEUTRAL | The RSI value for BGC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BGC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 66.82 | NEUTRAL | The Stochastics value for BGC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.62 | MEDIUM VOLATILITY | The ATR as a percentage value for BGC suggests some volalility. |
| Average Directional Index/ADX (14) | 20.43 | NEUTRAL | The ADX value for BGC suggests a possible start of a new 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)
9.98
+0.08 (+0.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg0.81%
1 Week7.66%
2 Weeks0%
1 Month-4.31%
3 Month8.83%
6 Month4.5%
12 Month9.43%
2 Year102.02%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%2.62%
ATR Inc-47.05%
Range Today0.14
ADR(20)0.25
ADR(20)%2.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.88
Mansfield-0.27
10 Day High10.04
10 Day Low9
20 Day High10.46
20 Day Low9
52 Week High11.79
52 Week Low7.24
CS1 End9.94
CR1 Start10.75
Volume & EV
DER(3)-2.25%
DER(5)-2.27%
Volume3.87M
Volume Incr40.9%
Vol(5)3.60M
Vol(50)2.98M