BANK OF SOUTH CAROLINA CORP (BKSC) Technical Analysis
NASDAQ:BKSC • US0650661020
Current stock price
BKSC Technical Rating and Analysis
Taking everything into account, BKSC scores 0 out of 10 in our technical rating. BKSC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, BKSC is a bad performer in the overall market: 83% of all stocks are doing better.
- BKSC is one of the lesser performing stocks in the Banks industry. 93% of 377 stocks in the same industry do better.
- BKSC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- Warning: BKSC has an average volume of 8016 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month BKSC has a been trading in the 11.06 - 14.37 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
BKSC Weekly and Daily overview Charts
BKSC Setup Rating and Analysis
Although the technical rating is bad, BKSC does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 12.66. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for BKSC in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
BKSC Support and Resistance Analysis
11.88
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 12.66 to 12.76. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @13.98 from a trend line in the weekly time frame.
- A resistance zone ranging from 14.48 to 14.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong resistance @16.64 from a horizontal line in the daily time frame.
BKSC Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for BKSC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BKSC is down. |
| ChartMill Relative Strength | 17.5 | NEGATIVE | BKSC has a low relative strength, it was outperformed by 82.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BKSC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BKSC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BKSC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.36 | NEUTRAL | The RSI value for BKSC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BKSC has a negative trend. |
| Stochastics (14,3) | 27.86 | NEUTRAL | The Stochastics value for BKSC is a neutral value. |
| Average True Range in percent/ATR (20) | 6.33 | HIGH VOLATILITY | The high ATR as a percentage value for BKSC suggests high volalility. |
| Average Directional Index/ADX (14) | 19.25 | NEGATIVE | The low ADX value for BKSC suggests a weak or negative trend. |
BKSC Chart- and CandleStick Pattern Analysis
BKSC Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:BKSC (9/14/2023, 9:14:37 PM)
12
-0.05 (-0.41%)
BANK OF SOUTH CAROLINA CORP / BKSC TA FAQ
Can you provide the ChartMill technical rating for BANK OF SOUTH CAROLINA CORP?
ChartMill assigns a technical rating of 0 / 10 to BKSC.
What is the trend direction for BKSC stock?
The current trend direction for BANK OF SOUTH CAROLINA CORP (BKSC) is Bearish.
Can you provide the RSI signal for BANK OF SOUTH CAROLINA CORP?
BANK OF SOUTH CAROLINA CORP (BKSC) has an RSI value of 40.3648. This indicates that the stock is currently neutral.
What is the MACD signal for BKSC stock?
The MACD indicator for BANK OF SOUTH CAROLINA CORP (BKSC) has a value of -0.0149299, indicating a bearish trend.
What is the buy/sell signal for BKSC stock?
The buy/sell signal for BANK OF SOUTH CAROLINA CORP (BKSC) is sell as both the short term and long term trends are negative.