BJ'S WHOLESALE CLUB HOLDINGS (BJ) Technical Analysis
NYSE:BJ • US05550J1016
Current stock price
BJ Technical Rating and Analysis
Taking everything into account, BJ scores 0 out of 10 in our technical rating. BJ'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.
- When comparing the yearly performance of all stocks, BJ is a bad performer in the overall market: 82% of all stocks are doing better.
- BJ is part of the Consumer Staples Distribution & Retail industry. There are 37 other stocks in this industry, of which 69% are performing better than BJ.
- BJ 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.
- In the last month BJ has a been trading in the 89.67 - 101.56 range, which is quite wide. It is currently trading near the lows of this range.
- BJ has an average volume of 1997240 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
BJ Weekly and Daily overview Charts
BJ Setup Rating and Analysis
Although the technical rating is bad, BJ does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 88.59, a Stop Loss order could be placed below this zone.
More info and screens
BJ Support and Resistance Analysis
87.09
When analyzing the support we notice one important area.
- A support zone ranging from 87.97 to 88.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- Resistance @92.56 from a trend line in the weekly time frame.
- A resistance zone ranging from 94.83 to 97.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 99.50 to 100.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 102.78 to 102.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
BJ 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 | NEUTRAL | NEUTRAL | The long term trend for BJ is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BJ is down. |
| ChartMill Relative Strength | 18.04 | NEGATIVE | BJ has a low relative strength, it was outperformed by 81.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BJ is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BJ is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BJ is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.4 | NEUTRAL | The RSI value for BJ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.61 | NEGATIVE | The MACD value suggests BJ has a negative trend. |
| Stochastics (14,3) | 24.08 | NEUTRAL | The Stochastics value for BJ is a neutral value. |
| Average True Range in percent/ATR (20) | 3.32 | MEDIUM VOLATILITY | The ATR as a percentage value for BJ suggests some volalility. |
| Average Directional Index/ADX (14) | 23.68 | NEUTRAL | The ADX value for BJ suggests a possible start of a new trend. |
BJ Chart- and CandleStick Pattern Analysis
BJ Technicals: Chart, Performance Metrics, Trend & Indicators
91.72
-1.45 (-1.56%)
BJ'S WHOLESALE CLUB HOLDINGS / BJ TA FAQ
What is the ChartMill technical rating of BJ'S WHOLESALE CLUB HOLDINGS (BJ) stock?
ChartMill assigns a technical rating of 0 / 10 to BJ.
What is the current trend direction of BJ'S WHOLESALE CLUB HOLDINGS (BJ) stock?
The current trend direction for BJ'S WHOLESALE CLUB HOLDINGS (BJ) is Bearish.
What is the RSI signal for BJ'S WHOLESALE CLUB HOLDINGS (BJ) stock?
BJ'S WHOLESALE CLUB HOLDINGS (BJ) has an RSI value of 38.3984. This indicates that the stock is currently neutral.
What is the MACD signal for BJ'S WHOLESALE CLUB HOLDINGS (BJ) stock?
The MACD indicator for BJ'S WHOLESALE CLUB HOLDINGS (BJ) has a value of -0.607122, indicating a bearish trend.