BKV CORPORATION (BKV) Stock Technical Analysis
NYSE:BKV • US05603J1088
Overall BKV 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, BKV 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, BKV did better than 83% of all other stocks. On top of that, BKV also shows a nice and consistent pattern of rising prices.
- BKV is part of the Oil, Gas & Consumable Fuels industry. There are 206 other stocks in this industry. BKV outperforms 71% of them.
- A new 52 week high is currently being made by BKV, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- BKV is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
BKV has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
19.48
7 important support areas can be observed.
- A support zone ranging from 30.57 to 30.60. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 29.73 to 29.96. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 27.82 to 28.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @25.42 from a horizontal line in the daily time frame.
- Support @22.71 from a trend line in the weekly time frame.
- Support @21.50 from a horizontal line in the daily time frame.
- Support @19.68 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 | UP | POSITIVE | The long term trend for BKV is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BKV is up. |
| ChartMill Relative Strength | 83.07 | POSITIVE | BKV has a high relative strength, it outperformed 83.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BKV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BKV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BKV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.77 | NEUTRAL | The RSI value for BKV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests BKV has a positive trend. |
| Stochastics (14,3) | 81.92 | OVERBOUGHT | The high Stochastics value suggests BKV may be overbought. |
| Average True Range in percent/ATR (20) | 4.18 | MEDIUM VOLATILITY | The ATR as a percentage value for BKV suggests some volalility. |
| Average Directional Index/ADX (14) | 25.29 | POSITIVE | The high ADX value value for BKV suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 31.61 | 30.56 | 1.05 (3.32%) | 25.00% |
| An entry @31.61. This is a Buy Stop order right above the 10 day high. | An exit @30.56. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.05 points, which is 3.32%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.83%. |
- The distance between exit and entry is rather small compared to the average daily movement of BKV. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
31.42
+0.26 (+0.83%)
BKV CORPORATION / BKV FAQ
What is the technical rating for BKV stock?
ChartMill assigns a technical rating of 10 / 10 to BKV.
What is the current trend direction of BKV CORPORATION (BKV) stock?
The current trend direction for BKV CORPORATION (BKV) is Bullish.
What is the RSI signal for BKV stock?
BKV CORPORATION (BKV) has an RSI value of 62.7665. This indicates that the stock is currently neutral.
What is the buy/sell signal for BKV stock?
The buy/sell signal for BKV CORPORATION (BKV) is buy as both the short term and long term trends are positive.
What is the support and resistance level for BKV stock?
BKV CORPORATION (BKV) has a support level at 30.6. Check the full technical report for our detailed analysis of BKV support and resistance levels.