BUCKLE INC/THE (BKE) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BKE - US1184401065 - Common Stock
We assign a technical rating of 2 out of 10 to BKE. In the last year, BKE was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
Although the technical rating is bad, BKE does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 54.29, a Stop Loss order could be placed below this zone.
More info and screens
35.15
3 important support areas can be observed.
- A support zone ranging from 53.92 to 54.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 52.72 to 52.73. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @35.51 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 55.51 to 56.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @58.25 from a horizontal line in the daily time frame.
- 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 | DOWN | NEGATIVE | The short term trend for BKE is down. |
| ChartMill Relative Strength | 33.98 | NEUTRAL | BKE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BKE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BKE is below 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) | 38.83 | NEUTRAL | The RSI value for BKE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.3 | NEGATIVE | The MACD value suggests BKE has a negative trend. |
| Stochastics (14,3) | 8.54 | OVERSOLD | The low Stochastics value suggests BKE may be oversold. |
| Average True Range in percent/ATR (20) | 2.5 | MEDIUM VOLATILITY | The ATR as a percentage value for BKE suggests some volalility. |
| Average Directional Index/ADX (14) | 9.81 | NEGATIVE | The low ADX value for BKE suggests a weak or negative trend. |
54.3
-0.29 (-0.53%)
BUCKLE INC/THE / BKE FAQ
What is the ChartMill technical rating of BUCKLE INC/THE (BKE) stock?
ChartMill assigns a technical rating of 2 / 10 to BKE.
Can you provide the trend direction for BUCKLE INC/THE?
The current trend direction for BUCKLE INC/THE (BKE) is Bullish.
Can you provide the RSI signal for BUCKLE INC/THE?
BUCKLE INC/THE (BKE) has an RSI value of 38.8287. This indicates that the stock is currently neutral.
Can you provide the short term momentum for BUCKLE INC/THE?
The short term momentum for BUCKLE INC/THE (BKE) is negative.
What is the buy/sell signal for BUCKLE INC/THE (BKE) stock?
The buy/sell signal for BUCKLE INC/THE (BKE) is hold as the short term and long term trends are mixed.