BK TECHNOLOGIES CORP (BKTI) Technical Analysis
NYSEARCA:BKTI • US05587G2030
Current stock price
BKTI Technical Rating and Analysis
Overall BKTI gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BKTI is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, BKTI did better than 92% of all other stocks. We also observe that the gains produced by BKTI over the past year are nicely spread over this period.
- A new 52 week high is currently being made by BKTI, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month BKTI has a been trading in the 71.31 - 97.00 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- BKTI is part of the Communications Equipment industry. There are 47 other stocks in this industry, BKTI did better than 67% of them.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
BKTI Weekly and Daily overview Charts
BKTI Setup Rating and Analysis
Although BKTI has an excellent technical rating, it does not offer a high quality setup 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
BKTI Support and Resistance Analysis
54.19
4 important support areas can be observed.
- Support @76.56 from a trend line in the weekly time frame.
- A support zone ranging from 74.38 to 75.21. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @72.75 from a horizontal line in the daily time frame.
- Support @54.74 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 96.00 to 96.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
BKTI 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 | UP | POSITIVE | The long term trend for BKTI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BKTI is up. |
| ChartMill Relative Strength | 92.63 | POSITIVE | BKTI has a high relative strength, it outperformed 92.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BKTI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BKTI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BKTI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.1 | NEUTRAL | The RSI value for BKTI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.24 | POSITIVE | The MACD value suggests BKTI has a positive trend. |
| Stochastics (14,3) | 97.12 | OVERBOUGHT | The high Stochastics value suggests BKTI may be overbought. |
| Average True Range in percent/ATR (20) | 4.73 | MEDIUM VOLATILITY | The ATR as a percentage value for BKTI suggests some volalility. |
| Average Directional Index/ADX (14) | 27.41 | POSITIVE | The high ADX value value for BKTI suggests a strong trend. |
BKTI Chart- and CandleStick Pattern Analysis
BKTI Technicals: Chart, Performance Metrics, Trend & Indicators
93.75
-2.26 (-2.35%)
BK TECHNOLOGIES CORP / BKTI TA FAQ
What is the technical rating for BKTI stock?
ChartMill assigns a technical rating of 10 / 10 to BKTI.
What is the trend direction for BKTI stock?
The current trend direction for BK TECHNOLOGIES CORP (BKTI) is Bullish.
What is the RSI signal for BKTI stock?
BK TECHNOLOGIES CORP (BKTI) has an RSI value of 68.0979. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BK TECHNOLOGIES CORP?
The MACD indicator for BK TECHNOLOGIES CORP (BKTI) has a value of 2.23801, indicating a bullish trend.
Can you provide the buy/sell signal for BK TECHNOLOGIES CORP?
The buy/sell signal for BK TECHNOLOGIES CORP (BKTI) is buy as both the short term and long term trends are positive.