Rex Bkcm ETF (BKC) Stock Technical Analysis
NYSEARCA:BKC - NYSE Arca -
Taking everything into account, BKC scores 4 out of 10 in our technical rating. 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.
BKC has only a medium 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 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.
More info and screens
18.02
2 important support areas can be observed.
- 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.
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. |
20.845
-0.04 (-0.19%)