NYSE:BJ - New York Stock Exchange, Inc. - US05550J1016 - Common Stock - Currency: USD
Overall BJ gets a technical rating of 10 out of 10. Both in the recent history as in the last year, BJ has proven to be a steady performer, scoring decent points in every aspect analyzed.
BJ has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 118.45. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 112.32, a Stop Loss order could be placed below this zone.
89.44
We found 3 important support areas.
When analyzing the resistance we notice one important area.
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
119.95 | 110.80 | 9.15 (7.63%) | 13.11% |
An entry @119.95. This is a Buy Stop order right above the resistance zone. | An exit @110.80. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 9.15 points, which is 7.63%. | For a 1.00% total portfolio risk, you can invest 13.11% of your capital in this trade. |
117.39
+0.13 (+0.11%)