BJ'S WHOLESALE CLUB HOLDINGS (BJ) Stock Technical Analysis
NYSE:BJ - New York Stock Exchange, Inc. - US05550J1016 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to BJ. BJ has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month BJ has a been trading in the 104.84 - 115.43 range, which is quite wide. It is currently trading near the lows of this range.
BJ has an average volume of 1756790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When compared to the yearly performance of all other stocks, BJ outperforms 42% of them, which is more or less in line with the market.
BJ is part of the Consumer Staples Distribution & Retail industry. There are 40 other stocks in this industry, BJ did better than 43% of them.
BJ is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BJ is lagging the market.
BJ has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 106.50, a Stop Loss order could be placed below this zone.
More info and screens
93.38
121.14
2 important support areas can be observed.
- A support zone ranging from 105.74 to 106.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @94.32 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 108.03 to 112.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 118.45 to 119.94. 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 | DOWN | NEGATIVE | The short term trend for BJ is down. |
| ChartMill Relative Strength | 42.72 | NEUTRAL | BJ is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of BJ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.84 | NEUTRAL | The RSI value for BJ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.37 | NEGATIVE | The MACD value suggests BJ has a negative trend. |
| Stochastics (14,3) | 19.58 | OVERSOLD | The low Stochastics value suggests BJ may be oversold. |
| Average True Range in percent/ATR (20) | 2.56 | MEDIUM VOLATILITY | The ATR as a percentage value for BJ suggests some volalility. |
| Average Directional Index/ADX (14) | 15.5 | NEGATIVE | The low ADX value for BJ 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)
106.51
-0.19 (-0.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg-0.18%
1 Week-2.68%
2 Weeks-6.15%
1 Month-2.03%
3 Month-9.25%
6 Month10.29%
12 Month17.83%
2 Year60.62%
3 Year57.33%
5 Year165.94%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3
ATR(20)%2.56%
ATR Inc-51.17%
Range Today1.35
ADR(20)2.62
ADR(20)%2.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.72
Mansfield-0.03
10 Day High115.43
10 Day Low104.84
20 Day High115.43
20 Day Low104.84
52 Week High121.1
52 Week Low76.33
CS1 End106.5
CR1 Start108.03
Volume & EV
DER(3)2.95%
DER(5)2.3%
Volume1.29M
Volume Incr-6.8%
Vol(5)1.53M
Vol(50)1.76M