Logo image of BGCP

BGC PARTNERS INC-CL A (BGCP) Stock Technical Analysis

NASDAQ:BGCP - Nasdaq - US05541T1016 - Common Stock - Currency: USD

4.43  +0.06 (+1.37%)

After market: 4.43 0 (0%)

Technical Rating and Analysis

3

Overall BGCP gets a technical rating of 3 out of 10. BGCP has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

BGCP has an average volume of 2538920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, BGCP outperforms 66% of them, which is more or less in line with the market.
BGCP is part of the Capital Markets industry. There are 232 other stocks in this industry, BGCP did better than 66% of them.
BGCP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BGCP is lagging the market.
In the last month BGCP has a been trading in the 4.07 - 4.92 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
BGC PARTNERS INC-CL A / BGCP Weekly stock chart
BGC PARTNERS INC-CL A / BGCP Daily stock chart
Setup Rating and Analysis

5

BGCP has a poor technical rating and the quality of the setup is also not perfect 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.

Support and Resistance Analysis

3.94

5.22

We found 3 important support areas.

  • A support zone ranging from 4.30 to 4.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 4.05 to 4.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @3.98 from a horizontal line in the daily time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 4.75 to 4.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @5.17 from a trend line in the weekly time frame.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for BGCP is neutral.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for BGCP is neutral.
ChartMill Relative Strength66.59NEUTRALBGCP is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPMIXEDThe current price of BGCP is below the rising SMA(20).
Simple Moving Average/SMA (50)DOWNMIXEDThe current price of BGCP is above a declining SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of BGCP is above the rising SMA(200).
Relative Strength Index/RSI (14)49.1NEUTRALThe RSI value for BGCP is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.03NEGATIVEThe MACD value suggests BGCP has a negative trend, although the MACD value is rising.
Stochastics (14,3)22.97NEUTRALThe Stochastics value for BGCP is a neutral value.
Average True Range in percent/ATR (20)3.95MEDIUM VOLATILITYThe ATR as a percentage value for BGCP suggests some volalility.
Average Directional Index/ADX (14)14.06NEGATIVEThe low ADX value for BGCP suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
BGC PARTNERS INC-CL A / BGCP Daily stock chart

BGC PARTNERS INC-CL A

NASDAQ:BGCP (6/30/2023, 8:01:54 PM)

After market: 4.43 0 (0%)

4.43

+0.06 (+1.37%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg1.37%
1 Week2.07%
2 Weeks-8.47%
1 Month11.03%
3 Month-15.3%
6 Month17.51%
12 Month26.21%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%3.95%
ATR Inc58.88%
Range Today0.28
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.59
Mansfield-0.5
10 Day High4.92
10 Day Low4.18
20 Day High4.92
20 Day Low4.07
52 Week High5.51
52 Week Low3.14
CS1 End4.35
CR1 Start4.75
Volume & EV
DER(3)4.72%
DER(5)3.33%
Volume3.48M
Volume Incr-12.29%
Vol(5)2.19M
Vol(50)2.54M