BKV CORPORATION (BKV) Technical Analysis
NYSE:BKV • US05603J1088
Current stock price
BKV Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to BKV. In the last year, BKV was one of the better performers, but we do observe some doubts in the very recent evolution.
- 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- When comparing the yearly performance of all stocks, we notice that BKV is one of the better performing stocks in the market, outperforming 86% of all stocks. We also observe that the gains produced by BKV over the past year are nicely spread over this period.
- BKV is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so BKV is performing more or less in line with the market.
- BKV is part of the Oil, Gas & Consumable Fuels industry. There are 209 other stocks in this industry, BKV did better than 49% of them.
BKV Weekly and Daily overview Charts
BKV Setup Rating and Analysis
Besides having an excellent technical rating, BKV also presents a decent setup pattern. 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 31.42. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 29.09, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BKV 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
BKV Support and Resistance Analysis
21.06
When analyzing the support we can see 4 important areas.
- A support zone ranging from 28.12 to 29.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 25.42 to 25.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @23.25 from a trend line in the weekly time frame.
- A support zone ranging from 21.27 to 21.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 31.42 to 31.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
BKV 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 BKV is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BKV is neutral. |
| ChartMill Relative Strength | 86.39 | POSITIVE | BKV has a high relative strength, it outperformed 86.39% 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) | 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) | 46.81 | NEUTRAL | The RSI value for BKV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests BKV has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.18 | NEUTRAL | The Stochastics value for BKV is a neutral value. |
| Average True Range in percent/ATR (20) | 4.81 | MEDIUM VOLATILITY | The ATR as a percentage value for BKV suggests some volalility. |
| Average Directional Index/ADX (14) | 15.02 | NEGATIVE | The low ADX value for BKV suggests a weak or negative trend. |
BKV Chart- and CandleStick Pattern Analysis
BKV Example Setup
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 |
|---|---|---|---|
| 31.51 | 28.11 | 3.40 (10.79%) | 9.27% |
| An entry @31.51. This is a Buy Stop order right above the resistance zone. | An exit @28.11. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.40 points, which is 10.79%. | For a 1.00% total portfolio risk, you can invest 9.27% of your capital in this trade. |
- 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.
BKV Technicals: Chart, Performance Metrics, Trend & Indicators
29.1
+0.11 (+0.38%)
BKV CORPORATION / BKV TA FAQ
What is the technical rating for BKV stock?
ChartMill assigns a technical rating of 8 / 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 46.8091. This indicates that the stock is currently neutral.
What is the support and resistance level for BKV stock?
BKV CORPORATION (BKV) has a support level at 29.09 and a resistance level at 31.42. Check the full technical report for our detailed analysis of BKV support and resistance levels.