Rex Bkcm ETF (BKC) Technical Analysis
NYSEARCA:BKC
Current stock price
BKC Technical Rating and Analysis
Overall BKC gets a technical rating of 4 out of 10. BKC has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- When comparing the yearly performance of all stocks, BKC is a bad performer in the overall market: 100% of all stocks are doing better.
- 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 currently trading near new highs, so BKC is lagging the market.
BKC Weekly and Daily overview Charts
BKC Setup Rating and Analysis
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
BKC Support and Resistance Analysis
18.02
When analyzing the support we can see 2 important 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.
Can you provide the trend direction for Rex Bkcm ETF?
The current trend direction for Rex Bkcm ETF (BKC) is Bullish.
What is the RSI signal for Rex Bkcm ETF (BKC) stock?
Rex Bkcm ETF (BKC) has an RSI value of 59.3076. This indicates that the stock is currently neutral.
What is the MACD signal for Rex Bkcm ETF (BKC) stock?
The MACD indicator for Rex Bkcm ETF (BKC) has a value of 0.0789191, indicating a bearish trend.
What is the short term momentum for Rex Bkcm ETF (BKC) stock?
The short term momentum for Rex Bkcm ETF (BKC) is positive.