BIGCOMMERCE HOLDINGS-SER 1 (BIGC) Stock Technical Analysis
NASDAQ:BIGC - Nasdaq - US08975P1084 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to BIGC. BIGC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, BIGC is a bad performer in the overall market: 91% of all stocks are doing better.
BIGC is part of the IT Services industry. There are 82 other stocks in this industry, of which 77% are performing better than BIGC.
BIGC is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so BIGC is lagging the market.
In the last month BIGC has a been trading in the 4.74 - 5.46 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The technical rating of BIGC is bad and it also does not present a quality setup 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
4.72
6.78
4 important resistance areas can be observed.
- A resistance zone ranging from 5.07 to 5.17. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 5.27 to 5.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 6.08 to 6.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.71 from a trend line in the weekly 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 | DOWN | NEGATIVE | The long term trend for BIGC is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BIGC is neutral. |
| ChartMill Relative Strength | 9.29 | NEGATIVE | BIGC has a low relative strength, it was outperformed by 90.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BIGC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BIGC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BIGC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.55 | NEUTRAL | The RSI value for BIGC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests BIGC has a negative trend. |
| Stochastics (14,3) | 30.74 | NEUTRAL | The Stochastics value for BIGC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.59 | MEDIUM VOLATILITY | The ATR as a percentage value for BIGC suggests some volalility. |
| Average Directional Index/ADX (14) | 13.01 | NEGATIVE | The low ADX value for BIGC 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)
4.77
-0.21 (-4.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-4.22%
1 Week-9.32%
2 Weeks-5.36%
1 Month-7.92%
3 Month-20.1%
6 Month-32.24%
12 Month-40.89%
2 Year-52.06%
3 Year-70.56%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%3.59%
ATR Inc87.81%
Range Today0.2
ADR(20)0.17
ADR(20)%3.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.29
Mansfield-2.57
10 Day High5.46
10 Day Low4.74
20 Day High5.46
20 Day Low4.74
52 Week High8.5
52 Week Low4.74
CS1 EndN/A
CR1 Start5.07
Volume & EV
DER(3)-2.88%
DER(5)-1.82%
Volume1.14M
Volume Incr-22.32%
Vol(5)730.48K
Vol(50)856.96K