BUCKLE INC/THE (BKE) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BKE - US1184401065 - Common Stock
We assign a technical rating of 1 out of 10 to BKE. BKE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- When comparing the yearly performance of all stocks, BKE is a bad performer in the overall market: 66% of all stocks are doing better.
- In the last month BKE has a been trading in the 50.68 - 56.20 range, which is quite wide. It is currently trading near the lows of this range.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- BKE is part of the Specialty Retail industry. There are 122 other stocks in this industry, BKE did better than 57% of them.
- BKE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BKE is lagging the market.
The technical rating of BKE is bad and it also does not present a quality setup 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
35.15
When analyzing the support we notice one important area.
- Support @35.51 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 54.09 to 55.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @57.06 from a horizontal line in the weekly time frame.
- Resistance @58.26 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for BKE is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BKE is neutral. |
| ChartMill Relative Strength | 34.8 | 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) | DOWN | NEGATIVE | The current price of BKE is below a declining 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) | 35.69 | NEUTRAL | The RSI value for BKE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests BKE has a negative trend. |
| Stochastics (14,3) | 43.23 | NEUTRAL | The Stochastics value for BKE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.44 | MEDIUM VOLATILITY | The ATR as a percentage value for BKE suggests some volalility. |
| Average Directional Index/ADX (14) | 17.22 | NEGATIVE | The low ADX value for BKE suggests a weak or negative trend. |
50.97
-1.87 (-3.54%)
BUCKLE INC/THE / BKE FAQ
What is the ChartMill technical rating of BUCKLE INC/THE (BKE) stock?
ChartMill assigns a technical rating of 1 / 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 Bearish.
Can you provide the RSI signal for BUCKLE INC/THE?
BUCKLE INC/THE (BKE) has an RSI value of 35.6891. This indicates that the stock is currently neutral.
What is the MACD signal for BKE stock?
The MACD indicator for BUCKLE INC/THE (BKE) has a value of -0.241237, indicating a bearish trend.
What is the short term momentum for BUCKLE INC/THE (BKE) stock?
The short term momentum for BUCKLE INC/THE (BKE) is neutral.