BJ'S WHOLESALE CLUB HOLDINGS (BJ) Technical Analysis
NYSE:BJ • US05550J1016
We assign a technical rating of 3 out of 10 to BJ. In the last year, BJ was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
- When comparing the yearly performance of all stocks, BJ is a bad performer in the overall market: 66% of all stocks are doing better.
- BJ is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BJ is lagging the market.
- In the last month BJ has a been trading in the 91.57 - 105.78 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been consolidating recently, but much resistance may still be present above.
- BJ has an average volume of 1914170 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- BJ is an average performer in the Consumer Staples Distribution & Retail industry, it outperforms 40% of 38 stocks in the same industry.
BJ has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 101.32. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 98.36, a Stop Loss order could be placed below this zone.
More info and screens
87.09
3 important support areas can be observed.
- A support zone ranging from 95.90 to 98.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @91.71 from a trend line in the weekly time frame.
- 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 101.32 to 102.78. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for BJ is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BJ is neutral. |
| ChartMill Relative Strength | 34.66 | NEUTRAL | BJ is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BJ is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BJ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BJ is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.26 | NEUTRAL | The RSI value for BJ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.46 | NEGATIVE | The MACD value suggests BJ has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 44.45 | NEUTRAL | The Stochastics value for BJ is a neutral value. |
| Average True Range in percent/ATR (20) | 3.63 | MEDIUM VOLATILITY | The ATR as a percentage value for BJ suggests some volalility. |
| Average Directional Index/ADX (14) | 15.29 | NEGATIVE | The low ADX value for BJ suggests a weak or negative trend. |
BJ Technicals: Chart, Performance Metrics, Trend & Indicators
98.78
+5.27 (+5.64%)
BJ'S WHOLESALE CLUB HOLDINGS / BJ FAQ
What is the ChartMill technical rating of BJ'S WHOLESALE CLUB HOLDINGS (BJ) stock?
ChartMill assigns a technical rating of 3 / 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 stock?
BJ'S WHOLESALE CLUB HOLDINGS (BJ) has an RSI value of 53.2599. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BJ'S WHOLESALE CLUB HOLDINGS?
The MACD indicator for BJ'S WHOLESALE CLUB HOLDINGS (BJ) has a value of -0.455029, indicating a bearish trend.
Can you provide the short term momentum for BJ'S WHOLESALE CLUB HOLDINGS?
The short term momentum for BJ'S WHOLESALE CLUB HOLDINGS (BJ) is neutral.