BANK OF SOUTH CAROLINA CORP (BKSC) Stock Technical Analysis
NASDAQ:BKSC - Nasdaq - US0650661020 - Common Stock - Currency: USD
Taking everything into account, BKSC scores 0 out of 10 in our technical rating. BKSC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
83% of all other stocks performed better in the past year than BKSC.
BKSC is one of the lesser performing stocks in the Banks industry. 95% of 396 stocks in the same industry do better.
BKSC is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BKSC is lagging the market.
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.
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
11.88
16.81
4 important resistance areas can be observed.
- 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.
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. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NASDAQ:BKSC (9/14/2023, 9:14:37 PM)
12
-0.05 (-0.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.41%
1 Week-4.76%
2 Weeks-1.96%
1 Month-14.12%
3 Month-16.38%
6 Month-20.21%
12 Month-28.57%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.66
ATR(20)%6.33%
ATR Inc-48.02%
Range Today0.46
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.5
Mansfield-2.88
10 Day High13.3
10 Day Low12
20 Day High14.37
20 Day Low11.06
52 Week High18.17
52 Week Low11.06
CS1 EndN/A
CR1 Start12.66
Volume & EV
DER(3)6.01%
DER(5)3.97%
Volume8.40K
Volume Incr8.25%
Vol(5)12.86K
Vol(50)8.02K