BJ'S WHOLESALE CLUB HOLDINGS (BJ)       75.94  +0.49 (+0.65%)

75.94  +0.49 (+0.65%)

US05550J1016 - Common Stock

Technical Rating

9

We assign a technical rating of 9 out of 10 to BJ. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BJ is showing a nice and steady performance.



The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, BJ did better than 97% of all other stocks. On top of that, BJ also shows a nice and consistent pattern of rising prices.
BJ is one of the better performing stocks in the Food & Staples Retailing industry, it outperforms 97% of 43 stocks in the same industry.
BJ is currently trading in the upper part of its 52 week range, while the S&P500 Index is trading in the lower part of its yearly range. So BJ is doing quite good in this market.
In the last month BJ has a been trading in the 70.16 - 79.69 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
BJ has an average volume of 1973840 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

Statistics

1 Month 3 Months 6 Months 12 Months 6.19% 18.58% 11.56% 41.58% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 97.63 51.45 - 79.69
BJ Weekly chart
BJ Daily chart

Support/Resistance Analysis


52.76

79.70
4 important support areas can be observed.
  • A support zone ranging from 72.09 to 73.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @67.80 from a horizontal line in the daily time frame.
  • Support @55.68 from a trend line in the weekly time frame.
  • Support @53.29 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
  • A resistance zone ranging from 78.91 to 78.91. This zone is formed by a combination of multiple trend lines in multiple time frames.

Setup Analysis

Setup Rating

5

BJ has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 73.11, a Stop Loss order could be placed below this zone.


BJ Daily chart

BJ'S WHOLESALE CLUB HOLDINGS75.94

NYSE:BJ (9/27/2022, 9:35:49 AM)+0.49 (+0.65%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector Consumer Staples
GICS Industry Food & Staples Retailing
Performance
Today 0.65% 1 Week -1.91%
2 Weeks -3.84% 1 Month 6.19%
3 Month 18.58% 6 Month 11.56%
Volatility
ATR(14) 2.38 ATR(20)% 3.13%
ATR Inc 28.52% Range Today 1.03
Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)
Relative Strength & Ranges
CRS 97.63 Mansfield 3.49
10 Day High 78.93 10 Day Low 72.41
20 Day High 79.69 20 Day Low 70.16
52 Week High 79.69 52 Week Low 51.45
CS1 End 73.11 CR1 Start 78.91
Volume & EV
DER(3) -1.92% DER(5) -2.26%
Volume 275.93K Volume Incr -13.79%
Vol(5) 1.74M Vol(50) 1.97M

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