BUCKLE INC/THE (BKE) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BKE - US1184401065 - Common Stock
Overall BKE gets a technical rating of 2 out of 10. BKE has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- 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.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When comparing the performance of all stocks over the past year, BKE turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
- BKE is part of the Specialty Retail industry. There are 121 other stocks in this industry, BKE did better than 59% of them.
- In the last month BKE has a been trading in the 50.70 - 56.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BKE has a poor technical rating and the quality of the setup is also 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
35.15
We found 2 important support areas.
- A support zone ranging from 52.71 to 52.73. 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 3 important areas.
- Resistance @53.02 from a trend line in the daily time frame.
- A resistance zone ranging from 54.35 to 55.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | 49.48 | 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) | 41.53 | NEUTRAL | The RSI value for BKE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests BKE has a negative trend. |
| Stochastics (14,3) | 61.64 | NEUTRAL | The Stochastics value for BKE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.27 | MEDIUM VOLATILITY | The ATR as a percentage value for BKE suggests some volalility. |
| Average Directional Index/ADX (14) | 15.71 | NEGATIVE | The low ADX value for BKE suggests a weak or negative trend. |
52.84
-2.57 (-4.64%)
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.
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 41.5271. 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 -0.0712116, 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.