BKV CORPORATION (BKV) Stock Technical Analysis
NYSE:BKV - New York Stock Exchange, Inc. - US05603J1088 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to BKV. BKV scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
100% of all other stocks performed better in the past year than BKV.
BKV is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 93% of 208 stocks in the same industry do better.
BKV is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Although the technical rating is bad, BKV does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 20.93. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 19.99, a Stop Loss order could be placed below this zone.
More info and screens
19.48
25.36
When analyzing the support we notice one important area.
- A support zone ranging from 19.68 to 19.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 20.93 to 21.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 22.06 to 22.25. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 23.78 to 23.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @24.58 from a horizontal line in the daily time frame.
- Resistance @25.11 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 | NEUTRAL | NEUTRAL | The long term trend for BKV is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BKV is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | BKV has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BKV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BKV is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of BKV is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.76 | NEUTRAL | The RSI value for BKV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests BKV has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.33 | NEUTRAL | The Stochastics value for BKV is a neutral value. |
| Average True Range in percent/ATR (20) | 3.97 | MEDIUM VOLATILITY | The ATR as a percentage value for BKV suggests some volalility. |
| Average Directional Index/ADX (14) | 22.14 | NEUTRAL | The ADX value for BKV suggests a possible start of a new 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)
20.44
+0.46 (+2.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.3%
1 Week-0.34%
2 Weeks2.97%
1 Month-8.67%
3 Month-0.15%
6 Month-15.12%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.79
ATR(20)%3.97%
ATR Inc7.92%
Range Today0.73
ADR(20)0.79
ADR(20)%3.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High21.27
10 Day Low19.56
20 Day High23.78
20 Day Low19.56
52 Week HighN/A
52 Week LowN/A
CS1 End19.99
CR1 Start20.93
Volume & EV
DER(3)-0.21%
DER(5)-1.48%
Volume288.50K
Volume Incr-12.24%
Vol(5)391.76K
Vol(50)391.42K