BLUECITY HOLDINGS LTD-ADR (BLCT) Technical Analysis
NASDAQ:BLCT • US09610L1061
Current stock price
BLCT Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to BLCT. Recently some decent action could be observed, but in the medium term time frame this is still negative. BLCT was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, BLCT is a bad performer in the overall market: 83% of all stocks are doing better.
- BLCT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month BLCT has a been trading in the 1.45 - 1.57 range, which is quite wide. It is currently trading near the high of this range.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- BLCT is part of the Interactive Media & Services industry. There are 69 other stocks in this industry, BLCT did better than 51% of them.
- Volume is considerably higher in the last couple of days.
BLCT Weekly and Daily overview Charts
BLCT Setup Rating and Analysis
BLCT has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
BLCT Support and Resistance Analysis
1.26
When analyzing the support we can see 5 important areas.
- A support zone ranging from 1.50 to 1.51. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 1.45 to 1.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.42 from a trend line in the daily time frame.
- Support @1.33 from a trend line in the weekly time frame.
- Support @1.27 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 1.55 to 1.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
BLCT 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 | DOWN | NEGATIVE | The long term trend for BLCT is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BLCT is up. |
| ChartMill Relative Strength | 17.43 | NEGATIVE | BLCT has a low relative strength, it was outperformed by 82.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BLCT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BLCT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BLCT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 65.57 | NEUTRAL | The RSI value for BLCT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests BLCT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 68.06 | NEUTRAL | The Stochastics value for BLCT is a neutral value. |
| Average True Range in percent/ATR (20) | 1.83 | LOW VOLATILITY | The low ATR as a percentage value for BLCT suggests low volalility. |
BLCT Chart- and CandleStick Pattern Analysis
BLCT Technicals: Chart, Performance Metrics, Trend & Indicators
1.54
0 (0%)
BLUECITY HOLDINGS LTD-ADR / BLCT TA FAQ
What is the technical rating for BLCT stock?
ChartMill assigns a technical rating of 5 / 10 to BLCT.
What is the trend direction for BLCT stock?
The current trend direction for BLUECITY HOLDINGS LTD-ADR (BLCT) is Bearish.
What is the RSI signal for BLCT stock?
BLUECITY HOLDINGS LTD-ADR (BLCT) has an RSI value of 65.5731. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BLUECITY HOLDINGS LTD-ADR?
The MACD indicator for BLUECITY HOLDINGS LTD-ADR (BLCT) has a value of -0.000937491, indicating a bearish trend.
What is the buy/sell signal for BLCT stock?
The buy/sell signal for BLUECITY HOLDINGS LTD-ADR (BLCT) is hold as the short term and long term trends are mixed.