BUCKLE INC/THE (BKE) Stock Technical Analysis
USA - NYSE:BKE - US1184401065 - Common Stock
60.69 USD
-0.48 (-0.78%)
60.69 USD
0 (0%)
Overall BKE gets a technical rating of 10 out of 10. Both in the recent history as in the last year, BKE has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, BKE did better than 86% of all other stocks.
BKE is one of the better performing stocks in the Specialty Retail industry, it outperforms 81% of 121 stocks in the same industry.
BKE is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
BKE 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.
Besides having an excellent technical rating, BKE also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 60.70. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 60.68, a Stop Loss order could be placed below this zone.
More info and screens
53.12
62.21
When analyzing the support we can see 3 important areas.
- A support zone ranging from 58.84 to 60.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @57.49 from a trend line in the daily time frame.
- A support zone ranging from 53.66 to 54.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 60.70 to 61.59. 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 BKE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BKE is up. |
| ChartMill Relative Strength | 86.83 | POSITIVE | BKE has a high relative strength, it outperformed 86.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BKE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BKE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BKE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.23 | NEUTRAL | The RSI value for BKE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests BKE has a negative trend. |
| Stochastics (14,3) | 84.3 | OVERBOUGHT | The high Stochastics value suggests BKE may be overbought. |
| Average True Range in percent/ATR (20) | 2.62 | MEDIUM VOLATILITY | The ATR as a percentage value for BKE suggests some volalility. |
| Average Directional Index/ADX (14) | 47.79 | POSITIVE | The high ADX value value for BKE suggests a strong 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 61.60 | 58.83 | 2.77 (4.50%) | 22.24% |
| An entry @61.60. This is a Buy Stop order right above the resistance zone. | An exit @58.83. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.77 points, which is 4.50%. | When investing 22.24% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
60.69
-0.48 (-0.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-0.78%
1 Week2.03%
2 Weeks2.4%
1 Month10.65%
3 Month34%
6 Month55.42%
12 Month38.4%
2 Year81.76%
3 Year91.69%
5 Year197.65%
10 Year64.16%
15 Year128.67%
Volatility
ATR(14)1.58
ATR(20)%2.62%
ATR Inc-31.26%
Range Today1.01
ADR(20)1.55
ADR(20)%2.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.83
Mansfield1.93
10 Day High61.69
10 Day Low58.1
20 Day High61.69
20 Day Low53.26
52 Week High61.69
52 Week Low33.12
CS1 End60.68
CR1 Start60.7
Volume & EV
DER(3)0.74%
DER(5)1.08%
Volume1.57M
Volume Incr34.13%
Vol(5)741.86K
Vol(50)541.98K