SIREN NEXGEN ECONOMY ETF (BLCN) Stock Technical Analysis
NASDAQ:BLCN - Nasdaq - US8296582021 - ETF - Currency: USD
Overall BLCN gets a technical rating of 5 out of 10. In the last year, BLCN was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
In the last month BLCN has a been trading in the 22.76 - 26.29 range, which is quite wide. It is currently trading near the lows of this range.
Warning: BLCN has an average volume of 12124 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When compared to the yearly performance of all other stocks, BLCN outperforms 55% of them, which is more or less in line with the market.
BLCN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BLCN is lagging the market.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, BLCN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 23.62, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BLCN 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
23.08
26.26
We found 1 important support area.
- A support zone ranging from 23.31 to 23.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 23.74 to 23.90. 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 25.07 to 25.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @26.00 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 | DOWN | NEGATIVE | The short term trend for BLCN is down. |
| ChartMill Relative Strength | 55.06 | NEUTRAL | BLCN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BLCN is below a declining 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) | DOWN | NEGATIVE | The current price of BLCN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.51 | NEUTRAL | The RSI value for BLCN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests BLCN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.14 | NEUTRAL | The Stochastics value for BLCN is a neutral value. |
| Average True Range in percent/ATR (20) | 4.37 | MEDIUM VOLATILITY | The ATR as a percentage value for BLCN suggests some volalility. |
| Average Directional Index/ADX (14) | 16.89 | NEGATIVE | The low ADX value for BLCN suggests a weak or negative 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)
NASDAQ:BLCN (8/8/2025, 8:21:10 PM)
23.63
-0.22 (-0.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.9%
1 Week-0.3%
2 Weeks-6.34%
1 Month-3.67%
3 Month14.71%
6 Month-8.87%
12 Month-1.54%
2 Year14.21%
3 Year-11.23%
5 Year-33.85%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.1
ATR(20)%4.37%
ATR Inc-25.52%
Range Today0.47
ADR(20)1.03
ADR(20)%4.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.06
Mansfield-1.03
10 Day High25.5
10 Day Low22.76
20 Day High26.29
20 Day Low22.76
52 Week High30.66
52 Week Low16.24
CS1 End23.62
CR1 Start23.74
Volume & EV
DER(3)3.12%
DER(5)1.03%
Volume3.40K
Volume Incr-45.49%
Vol(5)6.10K
Vol(50)12.12K