BUCKLE INC/THE (BKE) Technical Analysis
NYSE:BKE • US1184401065
Current stock price
BKE Technical Rating and Analysis
Taking everything into account, BKE scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BKE is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that BKE is one of the better performing stocks in the market, outperforming 85% of all stocks.
- BKE is one of the better performing stocks in the Specialty Retail industry, it outperforms 81% of 123 stocks in the same industry.
- BKE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BKE is lagging the market slightly.
- In the last month BKE has a been trading in the 49.01 - 57.10 range, which is quite wide. It is currently trading near the high of this range.
BKE Weekly and Daily overview Charts
BKE Setup Rating and Analysis
BKE has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
BKE Support and Resistance Analysis
35.15
When analyzing the support we can see 5 important areas.
- A support zone ranging from 55.38 to 55.61. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 52.07 to 53.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 50.42 to 51.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 49.08 to 49.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @35.51 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @57.41 from a horizontal line in the daily time frame.
BKE 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 BKE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BKE is up. |
| ChartMill Relative Strength | 85.68 | POSITIVE | BKE has a high relative strength, it outperformed 85.68% 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) | 64.06 | NEUTRAL | The RSI value for BKE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.4 | POSITIVE | The MACD value suggests BKE has a positive trend. |
| Stochastics (14,3) | 85.43 | OVERBOUGHT | The high Stochastics value suggests BKE may be overbought. |
| Average True Range in percent/ATR (20) | 2.82 | MEDIUM VOLATILITY | The ATR as a percentage value for BKE suggests some volalility. |
| Average Directional Index/ADX (14) | 24.23 | NEUTRAL | The ADX value for BKE suggests a possible start of a new trend. |
BKE Chart- and CandleStick Pattern Analysis
BKE Example Setup
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 |
|---|---|---|---|
| 57.42 | 55.37 | 2.05 (3.57%) | 25.00% |
| An entry @57.42. This is a Buy Stop order right above the resistance zone. | An exit @55.37. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.05 points, which is 3.57%. | For a 0.89% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of BKE. Please evaluate whether better entry and exit points can be found.
- 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.
BKE Technicals: Chart, Performance Metrics, Trend & Indicators
55.71
-0.23 (-0.41%)
BUCKLE INC/THE / BKE TA FAQ
What is the ChartMill technical rating of BUCKLE INC/THE (BKE) stock?
ChartMill assigns a technical rating of 10 / 10 to BKE.
What is the current trend direction of BUCKLE INC/THE (BKE) stock?
The current trend direction for BUCKLE INC/THE (BKE) is Bullish.
What is the RSI signal for BKE stock?
BUCKLE INC/THE (BKE) has an RSI value of 64.055. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for BUCKLE INC/THE?
The buy/sell signal for BUCKLE INC/THE (BKE) is buy as both the short term and long term trends are positive.
What is the support and resistance level for BKE stock?
BUCKLE INC/THE (BKE) has a support level at 55.61 and a resistance level at 57.41. Check the full technical report for our detailed analysis of BKE support and resistance levels.