BKV CORPORATION (BKV) Technical Analysis
NYSE:BKV • US05603J1088
Current stock price
BKV Technical Rating and Analysis
Overall BKV gets a technical rating of 6 out of 10. 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.
- When comparing the yearly performance of all stocks, we notice that BKV is one of the better performing stocks in the market, outperforming 84% of all stocks.
- 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.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- BKV is part of the Oil, Gas & Consumable Fuels industry. There are 207 other stocks in this industry, BKV did better than 47% of them.
BKV Weekly and Daily overview Charts
BKV Setup Rating and Analysis
Although the technical rating is only medium, BKV does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 28.39, a Stop Loss order could be placed below this zone.
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 28.39. This zone is formed by a combination of multiple trend lines in the daily time frame.
- 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 21.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 28.97 to 29.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | DOWN | NEGATIVE | The short term trend for BKV is down. |
| ChartMill Relative Strength | 84.55 | POSITIVE | BKV has a high relative strength, it outperformed 84.55% 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 | MIXED | The current price of BKV is below 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) | 44.56 | NEUTRAL | The RSI value for BKV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.29 | NEGATIVE | The MACD value suggests BKV has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.09 | NEUTRAL | The Stochastics value for BKV is a neutral value. |
| Average True Range in percent/ATR (20) | 4.88 | MEDIUM VOLATILITY | The ATR as a percentage value for BKV suggests some volalility. |
| Average Directional Index/ADX (14) | 16.65 | NEGATIVE | The low ADX value for BKV suggests a weak or negative trend. |
BKV Chart- and CandleStick Pattern Analysis
BKV Technicals: Chart, Performance Metrics, Trend & Indicators
28.85
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BKV CORPORATION / BKV TA FAQ
What is the technical rating for BKV stock?
ChartMill assigns a technical rating of 6 / 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 44.5628. 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 hold as the short term and long term trends are mixed.
What is the support and resistance level for BKV stock?
BKV CORPORATION (BKV) has a support level at 28.39 and a resistance level at 28.97. Check the full technical report for our detailed analysis of BKV support and resistance levels.