BLUE GOLD LTD-CL A (BGL) Stock Technical Analysis
USA - NASDAQ:BGL - KYG1331C1042 - Common Stock
9.83 USD
-0.63 (-6.02%)
9.6071 USD
-0.22 (-2.27%)
Taking everything into account, BGL scores 2 out of 10 in our technical rating. BGL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
100% of all other stocks performed better in the past year than BGL.
BGL is one of the lesser performing stocks in the Metals & Mining industry. 93% of 156 stocks in the same industry do better.
In the last month BGL has a been trading in the 7.42 - 14.20 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Although the technical rating is bad, BGL does present a nice setup opportunity. Prices have been consolidating lately. We notice that large players showed an interest for BGL in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
9.00
10.09
When analyzing the support we notice one important area.
- Support @9.09 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 9.84 to 9.99. This zone is formed by a combination of multiple trend lines and important moving averages in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for BGL is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BGL is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | BGL has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BGL is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BGL is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 46.4 | NEUTRAL | The RSI value for BGL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests BGL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 63.68 | NEUTRAL | The Stochastics value for BGL is a neutral value. |
| Average True Range in percent/ATR (20) | 13.16 | HIGH VOLATILITY | The high ATR as a percentage value for BGL suggests high volalility. |
| Average Directional Index/ADX (14) | 18.77 | NEGATIVE | The low ADX value for BGL 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)
9.83
-0.63 (-6.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-6.02%
1 Week2.5%
2 Weeks-0.71%
1 Month30.37%
3 Month-54.13%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.94
ATR(20)%13.16%
ATR Inc29.51%
Range Today1.24
ADR(20)1.28
ADR(20)%13.04%
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 High11.59
10 Day Low9.05
20 Day High14.2
20 Day Low7.42
52 Week HighN/A
52 Week LowN/A
CS1 End9.09
CR1 Start9.84
Volume & EV
DER(3)0.78%
DER(5)5.39%
Volume91.50K
Volume Incr-25.43%
Vol(5)146.86K
Vol(50)149.16K