BANCORP NEW JERSEY INC NEW (BKJ) Stock Technical Analysis
USA - NYSEARCA:BKJ -
We assign a technical rating of 8 out of 10 to BKJ. BKJ was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
Although BKJ has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
12.89
When analyzing the support we can see 3 important areas.
- A support zone ranging from 17.88 to 17.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.94 from a trend line in the weekly time frame.
- Support @13.02 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 19.81 to 19.92. 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 | NEUTRAL | NEUTRAL | The long term trend for BKJ is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BKJ is neutral. |
| ChartMill Relative Strength | 82.73 | POSITIVE | BKJ has a high relative strength, it outperformed 82.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BKJ is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BKJ is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BKJ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 35.78 | NEUTRAL | The RSI value for BKJ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests BKJ has a negative trend. |
| Stochastics (14,3) | 41.99 | NEUTRAL | The Stochastics value for BKJ is a neutral value. |
| Average True Range in percent/ATR (20) | 2.6 | MEDIUM VOLATILITY | The ATR as a percentage value for BKJ suggests some volalility. |
NYSEARCA:BKJ (12/31/2019, 8:04:06 PM)
17.89
-1.42 (-7.35%)
BANCORP NEW JERSEY INC NEW / BKJ FAQ
What is the ChartMill technical rating of BANCORP NEW JERSEY INC NEW (BKJ) stock?
ChartMill assigns a technical rating of 7 / 10 to BKJ.
What is the current trend direction of BANCORP NEW JERSEY INC NEW (BKJ) stock?
The current trend direction for BANCORP NEW JERSEY INC NEW (BKJ) is Bearish.
Can you provide the RSI signal for BANCORP NEW JERSEY INC NEW?
BANCORP NEW JERSEY INC NEW (BKJ) has an RSI value of 35.7757. This indicates that the stock is currently neutral.
What is the short term momentum for BKJ stock?
The short term momentum for BANCORP NEW JERSEY INC NEW (BKJ) is neutral.
What is the support and resistance level for BKJ stock?
BANCORP NEW JERSEY INC NEW (BKJ) has a support level at 17.88 and a resistance level at 19.81. Check the full technical report for our detailed analysis of BKJ support and resistance levels.