BUCKLE INC/THE (BKE) Stock Technical Analysis
USA - NYSE:BKE - US1184401065 - Common Stock
Taking everything into account, BKE scores 5 out of 10 in our technical rating. In the last year, BKE was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
Although the technical rating is only medium, BKE does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 52.72, a Stop Loss order could be placed below this zone.
More info and screens
35.15
When analyzing the support we can see 2 important areas.
- A support zone ranging from 52.72 to 52.72. 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.
2 important resistance areas can be observed.
- A resistance zone ranging from 55.83 to 57.77. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The short term trend for BKE is neutral. |
| ChartMill Relative Strength | 71.75 | POSITIVE | BKE has a high relative strength, it outperformed 71.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BKE is below the rising 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) | 47.65 | NEUTRAL | The RSI value for BKE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests BKE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 46.77 | NEUTRAL | The Stochastics value for BKE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.48 | MEDIUM VOLATILITY | The ATR as a percentage value for BKE suggests some volalility. |
| Average Directional Index/ADX (14) | 17.51 | NEGATIVE | The low ADX value for BKE suggests a weak or negative trend. |
55.64
+0.23 (+0.42%)
BUCKLE INC/THE / BKE FAQ
What is the ChartMill technical rating of BUCKLE INC/THE (BKE) stock?
ChartMill assigns a technical rating of 5 / 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 47.6461. 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 neutral.