BAHL & GAYNOR INC GROWTH ETF (BGIG) Stock Technical Analysis
NYSEARCA:BGIG - NYSE Arca - US26922B5277 - ETF - Currency: USD
Taking everything into account, BGIG scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BGIG is only an average performer.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
BGIG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BGIG is lagging the market slightly.
When compared to the yearly performance of all other stocks, BGIG outperforms 57% of them, which is more or less in line with the market.
In the last month BGIG has a been trading in a tight range between 30.40 and 31.23.
Volume is considerably higher in the last couple of days.
Although the technical rating is only medium, BGIG does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 30.61, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
26.21
31.51
5 important support areas can be observed.
- A support zone ranging from 30.30 to 30.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @29.49 from a horizontal line in the daily time frame.
- Support @28.09 from a trend line in the weekly time frame.
- Support @27.05 from a horizontal line in the weekly time frame.
- A support zone ranging from 26.47 to 26.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 30.77 to 31.20. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for BGIG is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BGIG is neutral. |
| ChartMill Relative Strength | 57.35 | NEUTRAL | BGIG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BGIG is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BGIG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BGIG is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.16 | NEUTRAL | The RSI value for BGIG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests BGIG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 30.71 | NEUTRAL | The Stochastics value for BGIG is a neutral value. |
| Average True Range in percent/ATR (20) | 0.71 | LOW VOLATILITY | The low ATR as a percentage value for BGIG suggests low volalility. |
| Average Directional Index/ADX (14) | 16.7 | NEGATIVE | The low ADX value for BGIG 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)
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 30.80 | 30.42 | 0.38 (1.23%) | 25.00% |
| An entry @30.80. This is a Buy Stop order right above the 10 day moving average. | An exit @30.42. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.38 points, which is 1.23%. | For a 0.31% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
NYSEARCA:BGIG (8/8/2025, 8:20:50 PM)
30.677
+0.07 (+0.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.22%
1 Week0.55%
2 Weeks-1.66%
1 Month0.16%
3 Month6.11%
6 Month2.97%
12 Month9.13%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%0.71%
ATR Inc12.68%
Range Today0.17
ADR(20)0.2
ADR(20)%0.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.35
Mansfield-0.55
10 Day High31.19
10 Day Low30.43
20 Day High31.23
20 Day Low30.4
52 Week High31.23
52 Week Low26.13
CS1 End30.61
CR1 Start30.77
Volume & EV
DER(3)-3.13%
DER(5)0.27%
Volume17.00K
Volume Incr93.57%
Vol(5)79.46K
Vol(50)51.46K