BANK OF SOUTH CAROLINA CORP (BKSC) Stock Technical Analysis
USA - NASDAQ:BKSC - US0650661020 - Common Stock
We assign a technical rating of 0 out of 10 to BKSC. 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.
Although the technical rating is bad, BKSC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. 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
We can see 4 important resistance 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.
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. |
NASDAQ:BKSC (9/14/2023, 9:14:37 PM)
12
-0.05 (-0.41%)
BANK OF SOUTH CAROLINA CORP / BKSC FAQ
Can you provide the ChartMill technical rating for BANK OF SOUTH CAROLINA CORP?
ChartMill assigns a technical rating of 0 / 10 to BKSC.
Can you provide the trend direction for BANK OF SOUTH CAROLINA CORP?
The current trend direction for BANK OF SOUTH CAROLINA CORP (BKSC) is Bearish.
What is the RSI signal for BANK OF SOUTH CAROLINA CORP (BKSC) stock?
BANK OF SOUTH CAROLINA CORP (BKSC) has an RSI value of 40.3648. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BANK OF SOUTH CAROLINA CORP?
The MACD indicator for BANK OF SOUTH CAROLINA CORP (BKSC) has a value of -0.0149299, indicating a bearish trend.
What are the support and resistance levels for BANK OF SOUTH CAROLINA CORP (BKSC) stock?
BANK OF SOUTH CAROLINA CORP (BKSC) has a resistance level at 12.66. Check the full technical report for our detailed analysis of BKSC support and resistance levels.