BNY MELLON CORE BOND ETF (BKAG) Stock Technical Analysis
NYSEARCA:BKAG - NYSE Arca - US09661T6029 - ETF - Currency: USD
Overall BKAG gets a technical rating of 0 out of 10. BKAG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
70% of all other stocks performed better in the past year than BKAG.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
BKAG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BKAG is lagging the market.
In the last month BKAG has a been trading in a tight range between 41.55 and 42.22.
The technical rating of BKAG is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
40.32
43.96
We found 1 important support area.
- A support zone ranging from 40.73 to 41.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 41.59 to 42.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 43.38 to 43.52. 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 BKAG is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BKAG is down. |
| ChartMill Relative Strength | 30.24 | NEUTRAL | BKAG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BKAG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BKAG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BKAG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.63 | NEUTRAL | The RSI value for BKAG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests BKAG has a negative trend. |
| Stochastics (14,3) | 6.45 | OVERSOLD | The low Stochastics value suggests BKAG may be oversold. |
| Average True Range in percent/ATR (20) | 0.36 | LOW VOLATILITY | The low ATR as a percentage value for BKAG suggests low volalility. |
| Average Directional Index/ADX (14) | 12.25 | NEGATIVE | The low ADX value for BKAG 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)
41.55
-0.13 (-0.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.31%
1 Week-0.36%
2 Weeks-1.49%
1 Month-0.26%
3 Month-0.19%
6 Month0.68%
12 Month-0.84%
2 Year-0.63%
3 Year-6.84%
5 Year-18.88%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%0.36%
ATR Inc-11.95%
Range Today0.19
ADR(20)0.13
ADR(20)%0.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.24
Mansfield-0.8
10 Day High42.06
10 Day Low41.55
20 Day High42.22
20 Day Low41.55
52 Week High43.51
52 Week Low40.74
CS1 End41.47
CR1 Start41.59
Volume & EV
DER(3)2.11%
DER(5)0.11%
Volume68.80K
Volume Incr-34.77%
Vol(5)122.66K
Vol(50)174.27K