Bmc Stock Holdings (BMCH) Stock Technical Analysis
NASDAQ:BMCH - Nasdaq -
We assign a technical rating of 10 out of 10 to BMCH. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BMCH is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, BMCH did better than 88% of all other stocks.
BMCH 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 BMCH has a been trading in the 45.01 - 56.24 range, which is quite wide. It is currently trading near the high of this range.
BMCH has an excellent technical rating, but 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
38.62
54.22
2 important support areas can be observed.
- A support zone ranging from 45.56 to 47.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @39.01 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 BMCH is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BMCH is up. |
| ChartMill Relative Strength | 88.64 | POSITIVE | BMCH has a high relative strength, it outperformed 88.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BMCH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BMCH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BMCH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.52 | NEUTRAL | The RSI value for BMCH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.37 | POSITIVE | The MACD value suggests BMCH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.22 | OVERBOUGHT | The high Stochastics value suggests BMCH may be overbought. |
| Average True Range in percent/ATR (20) | 3.65 | MEDIUM VOLATILITY | The ATR as a percentage value for BMCH suggests some volalility. |
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)
53.68
-1.8 (-3.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-3.24%
1 Week-1.31%
2 Weeks14.68%
1 Month16.77%
3 Month22.5%
6 Month121.09%
12 Month86.97%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.93
ATR(20)%3.65%
ATR Inc9.84%
Range Today2.09
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.64
Mansfield4.63
10 Day High56.24
10 Day Low47.03
20 Day High56.24
20 Day Low45.01
52 Week High56.24
52 Week Low13.38
CS1 End47.43
CR1 StartN/A
Volume & EV
DER(3)-3.01%
DER(5)-2.93%
Volume1.55M
Volume Incr5.69%
Vol(5)661.50K
Vol(50)601.45K