BGM GROUP LTD (BGM) Stock Technical Analysis
NASDAQ:BGM - Nasdaq - KYG7307E1237 - Common Stock - Currency: USD
Overall BGM gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, BGM is a bad performer.
When comparing the yearly performance of all stocks, BGM is a bad performer in the overall market: 100% of all stocks are doing better.
BGM is part of the Pharmaceuticals industry. There are 198 other stocks in this industry, of which 89% are performing better than BGM.
Warning: BGM has an average volume of 24820 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
In the last month BGM has a been trading in the 9.35 - 11.90 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, BGM also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 11.35. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for BGM in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
9.06
11.76
When analyzing the support we can see 3 important areas.
- Support @9.81 from a trend line in the daily time frame.
- Support @9.64 from a horizontal line in the daily time frame.
- A support zone ranging from 9.15 to 9.20. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 11.35 to 11.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.64 from a horizontal line in the daily time frame.
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 High11.9
10 Day Low10.11
20 Day High11.9
20 Day Low9.35
52 Week HighN/A
52 Week LowN/A
Performance
1 Week2.39%
2 Weeks6.01%
1 Month3.63%
3 Month20.87%
6 Month55.52%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.03
RSI(14)52.72
LBB9.72
UBB11.95
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 |
|---|---|---|---|
| 11.45 | 10.10 | 1.35 (11.79%) | 8.48% |
| An entry @11.45. This is a Buy Stop order right above the resistance zone. | An exit @10.10. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.35 points, which is 11.79%. | For a 1.00% total portfolio risk, you can invest 8.48% 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.
11.12
-0.23 (-2.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-2.03%
1 Week2.39%
2 Weeks6.01%
1 Month3.63%
3 Month20.87%
6 Month55.52%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.78
ATR(20)%6.72%
ATR Inc9.68%
Range Today0.76
ADR(20)0.68
ADR(20)%6.13%
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 High11.9
10 Day Low10.11
20 Day High11.9
20 Day Low9.35
52 Week HighN/A
52 Week LowN/A
CS1 End9.81
CR1 Start11.35
Volume & EV
DER(3)1.42%
DER(5)3.35%
Volume14.50K
Volume Incr-75.84%
Vol(5)7.84K
Vol(50)24.82K