BJ'S WHOLESALE CLUB HOLDINGS (BJ)

US05550J1016 - Common Stock

75.65  -0.84 (-1.1%)

After market: 75.65 0 (0%)

Technical Rating and Analysis

8

Overall BJ gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BJ is only an average performer.

Both the short term and long term trends are positive. This is a very positive sign.
BJ is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BJ is lagging the market slightly.
BJ has an average volume of 1374770 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, BJ outperforms 56% of them, which is more or less in line with the market.
BJ is an average performer in the Consumer Staples Distribution & Retail industry, it outperforms 62% of 41 stocks in the same industry.
In the last month BJ has a been trading in the 70.65 - 78.97 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
BJ Weekly chart
BJ Daily chart
Setup Rating and Analysis

7

Besides having an excellent technical rating, BJ also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. We notice that large players showed an interest for BJ in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

62.10

79.70

We found 3 important support areas.

  • A support zone ranging from 70.48 to 71.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 64.34 to 65.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @62.73 from a horizontal line in the daily time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 76.44 to 77.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 78.88 to 78.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.02
Mansfield-0.45
10 Day High78.66
10 Day Low73.47
20 Day High78.97
20 Day Low70.65
52 Week High78.97
52 Week Low60.33
Performance
1 Week-3.34%
2 Weeks2.79%
1 Month3.57%
3 Month13.49%
6 Month6%
12 Month-0.55%
2 Year11.89%
3 Year68.64%
5 Year176.1%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.28
RSI(14)55.41
LBB72.42
UBB78.92
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
77.3673.463.90 (5.04%)19.84%
An entry @77.36. This is a Buy Stop order right above the resistance zone.An exit @73.46. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 3.90 points, which is 5.04%.For a 1.00% total portfolio risk, you can invest 19.84% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BJ Daily chart

BJ'S WHOLESALE CLUB HOLDINGS

NYSE:BJ (3/28/2024, 8:04:00 PM)

After market: 75.65 0 (0%)

75.65

-0.84 (-1.1%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg-1.1%
1 Week-3.34%
2 Weeks2.79%
1 Month3.57%
3 Month13.49%
6 Month6%
12 Month-0.55%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.83
ATR(20)%3.02%
ATR Inc
Range Today1.52
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High78.66
10 Day Low73.47
20 Day High78.97
20 Day Low70.65
52 Week High78.97
52 Week Low60.33
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume989.00K
Volume Incr-8.15%
Vol(5)1.57M
Vol(50)1.37M