BILL Technical Analysis - BILL HOLDINGS INC

Technical Rating and Analysis

We assign a technical rating of 8 out of 10 to BILL. Although BILL is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

BILL is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.

Both the short term and long term trends are positive. This is a very positive sign.

BILL 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.

BILL has an average volume of 3500120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

When compared to the yearly performance of all other stocks, BILL outperforms 57% of them, which is more or less in line with the market.

BILL is an average performer in the Software industry, it outperforms 53% of 280 stocks in the same industry.

More info and screens

Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

Show peers with best TA rating

Weekly and Daily overview Charts

BILL HOLDINGS INC / BILL Weekly stock chart

BILL HOLDINGS INC / BILL Daily stock chart

Setup Rating and Analysis

Although BILL has an excellent technical rating, it does not present a decent entry opportunity 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

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

39.46

53.47

3 important support areas can be observed.

Support @46.11 from a horizontal line in the daily time frame.
Support @43.37 from a trend line in the daily time frame.
Support @39.86 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

A resistance zone ranging from 52.60 to 52.94. This zone is formed by a combination of multiple trend lines in multiple time frames.

More info

What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

Technical Indicator Signal Analysis

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 BILL is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for BILL is up.
ChartMill Relative Strength	57.43	NEUTRAL	BILL is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of BILL is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of BILL is above the rising SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of BILL is below a declining SMA(200).
Relative Strength Index/RSI (14)	65.22	NEUTRAL	The RSI value for BILL is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.28	POSITIVE	The MACD value suggests BILL has a positive trend, although the MACD value is declining.
Stochastics (14,3)	74.5	NEUTRAL	The Stochastics value for BILL is a neutral value.
Average True Range in percent/ATR (20)	4.54	MEDIUM VOLATILITY	The ATR as a percentage value for BILL suggests some volalility.
Average Directional Index/ADX (14)	42.24	POSITIVE	The high ADX value value for BILL suggests a strong trend.