SIREN NEXGEN ECONOMY ETF (BLCN) Stock Technical Analysis
USA - NASDAQ:BLCN - US8296582021 - ETF
29.1052 USD
+0.48 (+1.68%)
Taking everything into account, BLCN scores 8 out of 10 in our technical rating. Although BLCN is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: BLCN has an average volume of 14535 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
BLCN is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month BLCN has a been trading in the 25.50 - 30.02 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, BLCN did better than 74% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, BLCN also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for BLCN in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
23.16
29.40
When analyzing the support we can see 5 important areas.
- A support zone ranging from 28.11 to 28.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @26.78 from a horizontal line in the daily time frame.
- A support zone ranging from 25.58 to 25.75. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @24.61 from a trend line in the daily time frame.
- Support @23.39 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 BLCN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BLCN is up. |
| ChartMill Relative Strength | 74.37 | POSITIVE | BLCN has a high relative strength, it outperformed 74.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BLCN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BLCN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BLCN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.24 | NEUTRAL | The RSI value for BLCN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests BLCN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 69.69 | NEUTRAL | The Stochastics value for BLCN is a neutral value. |
| Average True Range in percent/ATR (20) | 5.84 | HIGH VOLATILITY | The high ATR as a percentage value for BLCN suggests high volalility. |
| Average Directional Index/ADX (14) | 32.37 | POSITIVE | The high ADX value value for BLCN suggests a strong 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)
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 |
|---|---|---|---|
| 30.03 | 28.10 | 1.93 (6.43%) | 15.56% |
| An entry @30.03. This is a Buy Stop order right above the 10 day high. | An exit @28.10. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.93 points, which is 6.43%. | For a 1.00% total portfolio risk, you can invest 15.56% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of BLCN. 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.
NASDAQ:BLCN (10/14/2025, 8:00:02 PM)
29.1052
+0.48 (+1.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.68%
1 Week1.33%
2 Weeks5.19%
1 Month9.45%
3 Month14.11%
6 Month60.8%
12 Month9.87%
2 Year56.06%
3 Year29.99%
5 Year-12.1%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.78
ATR(20)%5.84%
ATR Inc-58.03%
Range Today1.12
ADR(20)1.67
ADR(20)%5.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.37
Mansfield0.86
10 Day High30.02
10 Day Low27
20 Day High30.02
20 Day Low25.5
52 Week High30.66
52 Week Low16.24
CS1 End28.58
CR1 StartN/A
Volume & EV
DER(3)7.51%
DER(5)-1.37%
Volume7.80K
Volume Incr-70.14%
Vol(5)6.84K
Vol(50)14.54K