Rex Bkcm ETF (BKC) Technical Analysis
NYSEARCA:BKC
Current stock price
BKC Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to BKC. In the last year, BKC was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- 100% of all other stocks performed better in the past year than BKC.
- Warning: BKC has an average volume of 2006 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- BKC is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- BKC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BKC is lagging the market slightly.
BKC Weekly and Daily overview Charts
BKC Setup Rating and Analysis
Although the technical rating is only medium, BKC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 21.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 20.81, a Stop Loss order could be placed below this zone.
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BKC Support and Resistance Analysis
18.02
We found 2 important support areas.
- A support zone ranging from 20.77 to 20.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @18.20 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 21.00 to 21.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
BKC Technical Indicator Signal Analysis
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 | UP | POSITIVE | The long term trend for BKC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BKC is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | BKC has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BKC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BKC is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 59.31 | NEUTRAL | The RSI value for BKC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests BKC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.55 | OVERBOUGHT | The high Stochastics value suggests BKC may be overbought. |
| Average True Range in percent/ATR (20) | 0.95 | LOW VOLATILITY | The low ATR as a percentage value for BKC suggests low volalility. |
BKC Chart- and CandleStick Pattern Analysis
BKC Technicals: Chart, Performance Metrics, Trend & Indicators
20.845
-0.04 (-0.19%)
Rex Bkcm ETF / BKC TA FAQ
What is the technical rating for BKC stock?
ChartMill assigns a technical rating of 4 / 10 to BKC.
What is the trend direction for BKC stock?
The current trend direction for Rex Bkcm ETF (BKC) is Bullish.
What is the RSI signal for BKC stock?
Rex Bkcm ETF (BKC) has an RSI value of 59.3076. This indicates that the stock is currently neutral.
Can you provide the short term momentum for Rex Bkcm ETF?
The short term momentum for Rex Bkcm ETF (BKC) is positive.
What are the support and resistance levels for Rex Bkcm ETF (BKC) stock?
Rex Bkcm ETF (BKC) has a support level at 20.81 and a resistance level at 21. Check the full technical report for our detailed analysis of BKC support and resistance levels.