BKV CORPORATION (BKV) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BKV - US05603J1088 - Common Stock
We assign a technical rating of 7 out of 10 to BKV. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Besides having an excellent technical rating, BKV also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 27.29. Right above this resistance zone may be a good entry point.
More info and screens
19.48
When analyzing the support we can see 5 important areas.
- A support zone ranging from 25.83 to 26.16. 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.
- A support zone ranging from 21.28 to 21.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @20.80 from a trend line in the weekly time frame.
- Support @19.68 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @26.70 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 27.29 to 27.54. 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 29.00 to 29.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 80.6 | POSITIVE | BKV has a high relative strength, it outperformed 80.6% 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) | 47.97 | NEUTRAL | The RSI value for BKV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests BKV has a negative trend. |
| Stochastics (14,3) | 43.14 | NEUTRAL | The Stochastics value for BKV is a neutral value. |
| Average True Range in percent/ATR (20) | 4 | MEDIUM VOLATILITY | The ATR as a percentage value for BKV suggests some volalility. |
| Average Directional Index/ADX (14) | 14.31 | NEGATIVE | The low ADX value for BKV suggests a weak or negative 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 |
|---|---|---|---|
| 27.55 | 26.69 | 0.86 (3.12%) | 25.00% |
| An entry @27.55. This is a Buy Stop order right above the resistance zone. | An exit @26.69. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.86 points, which is 3.12%. | For a 0.78% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
26.65
-0.06 (-0.22%)
BKV CORPORATION / BKV FAQ
What is the technical rating for BKV stock?
ChartMill assigns a technical rating of 7 / 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 47.9738. 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 26.7 and a resistance level at 27.29. Check the full technical report for our detailed analysis of BKV support and resistance levels.