BLACKROCK INNOV & GRW TRM TR (BIGZ) Stock Technical Analysis
NYSE:BIGZ - New York Stock Exchange, Inc. - US09260Q1085 - Currency: USD
We assign a technical rating of 5 out of 10 to BIGZ. In the last year, BIGZ was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
BIGZ is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so BIGZ is performing more or less in line with the market.
BIGZ is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
When compared to the yearly performance of all other stocks, BIGZ outperforms 55% of them, which is more or less in line with the market.
In the last month BIGZ has a been trading in a tight range between 7.93 and 8.29.
BIGZ has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
6.92
8.34
When analyzing the support we can see 2 important areas.
- A support zone ranging from 7.42 to 7.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 6.99 to 7.10. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 8.15 to 8.26. 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 BIGZ is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BIGZ is neutral. |
| ChartMill Relative Strength | 55.73 | NEUTRAL | BIGZ is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BIGZ is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BIGZ is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BIGZ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.17 | NEUTRAL | The RSI value for BIGZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests BIGZ has a negative trend. |
| Stochastics (14,3) | 40.74 | NEUTRAL | The Stochastics value for BIGZ is a neutral value. |
| Average True Range in percent/ATR (20) | 1.56 | LOW VOLATILITY | The low ATR as a percentage value for BIGZ suggests low volalility. |
| Average Directional Index/ADX (14) | 16.17 | NEGATIVE | The low ADX value for BIGZ 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)
8.06
-0.03 (-0.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.37%
1 Week-1.83%
2 Weeks-1.23%
1 Month-1.47%
3 Month2.54%
6 Month9.81%
12 Month0.25%
2 Year7.04%
3 Year-35%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%1.56%
ATR Inc-29.26%
Range Today0.13
ADR(20)0.11
ADR(20)%1.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.73
Mansfield-0.32
10 Day High8.28
10 Day Low8.03
20 Day High8.29
20 Day Low7.93
52 Week High8.31
52 Week Low6.66
CS1 End7.65
CR1 Start8.15
Volume & EV
DER(3)-7.75%
DER(5)-6.47%
Volume727.80K
Volume Incr-26.42%
Vol(5)602.62K
Vol(50)820.54K