BNY MELLON US LRG CAP COR (BKLC) Stock Technical Analysis
USA - NYSEARCA:BKLC - US09661T1079 - ETF
Taking everything into account, BKLC scores 8 out of 10 in our technical rating. Both in the recent history as in the last year, BKLC has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although BKLC has an excellent technical rating, the quality of the presented setup is not ideal 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
93.19
We found 4 important support areas.
- A support zone ranging from 125.43 to 128.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @121.86 from a horizontal line in the daily time frame.
- Support @114.66 from a horizontal line in the daily time frame.
- Support @94.13 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 131.69 to 131.69. 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 BKLC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BKLC is up. |
| ChartMill Relative Strength | 72.25 | POSITIVE | BKLC has a high relative strength, it outperformed 72.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BKLC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BKLC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BKLC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.73 | NEUTRAL | The RSI value for BKLC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests BKLC has a positive trend. |
| Stochastics (14,3) | 94.6 | OVERBOUGHT | The high Stochastics value suggests BKLC may be overbought. |
| Average True Range in percent/ATR (20) | 1.09 | LOW VOLATILITY | The low ATR as a percentage value for BKLC suggests low volalility. |
| Average Directional Index/ADX (14) | 20.1 | NEUTRAL | The ADX value for BKLC suggests a possible start of a new trend. |
131.68
+1.58 (+1.21%)
BNY MELLON US LRG CAP COR / BKLC FAQ
Can you provide the ChartMill technical rating for BNY MELLON US LRG CAP COR?
ChartMill assigns a technical rating of 8 / 10 to BKLC.
What is the trend direction for BKLC stock?
The current trend direction for BNY MELLON US LRG CAP COR (BKLC) is Bullish.
What is the RSI signal for BKLC stock?
BNY MELLON US LRG CAP COR (BKLC) has an RSI value of 67.7253. This indicates that the stock is currently neutral.
What is the short term momentum for BNY MELLON US LRG CAP COR (BKLC) stock?
The short term momentum for BNY MELLON US LRG CAP COR (BKLC) is positive.
What is the buy/sell signal for BKLC stock?
The buy/sell signal for BNY MELLON US LRG CAP COR (BKLC) is buy as both the short term and long term trends are positive.