We assign a technical rating of 6 out of 10 to BKLC. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BKLC is only an average performer.
BKLC has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 130.32, a Stop Loss order could be placed below this zone.
More info and screens
93.19
We found 3 important support areas.
- A support zone ranging from 125.09 to 130.32. 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 @94.13 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 131.27 to 132.85. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The short term trend for BKLC is neutral. |
| ChartMill Relative Strength | 71.89 | POSITIVE | BKLC has a high relative strength, it outperformed 71.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BKLC is below 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) | 49.69 | NEUTRAL | The RSI value for BKLC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests BKLC has a negative trend. |
| Stochastics (14,3) | 64.87 | NEUTRAL | The Stochastics value for BKLC is a neutral value. |
| Average True Range in percent/ATR (20) | 0.81 | LOW VOLATILITY | The low ATR as a percentage value for BKLC suggests low volalility. |
| Average Directional Index/ADX (14) | 12.96 | NEGATIVE | The low ADX value for BKLC suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 131.35 | 128.62 | 2.73 (2.08%) | 25.00% |
| An entry @131.35. This is a Buy Stop order right above the 10 day moving average. | An exit @128.62. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.73 points, which is 2.08%. | For a 0.52% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
130.8
-0.95 (-0.72%)
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 6 / 10 to BKLC.
Can you provide the trend direction for BNY MELLON US LRG CAP COR?
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 49.6919. This indicates that the stock is currently neutral.
Can you provide the short term momentum for BNY MELLON US LRG CAP COR?
The short term momentum for BNY MELLON US LRG CAP COR (BKLC) is neutral.