BOSTON OMAHA CORP-CL A (BOC) Stock Technical Analysis
NYSE:BOC • US1010441053
We assign a technical rating of 0 out of 10 to BOC. BOC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 79% of all other stocks performed better in the past year than BOC.
- BOC 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 BOC has a been trading in the 11.87 - 13.06 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been consolidating recently, but much resistance may still be present above.
- BOC is part of the Media industry. There are 91 other stocks in this industry, BOC did better than 62% of them.
Although the technical rating is bad, BOC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 12.21, a Stop Loss order could be placed below this zone.
More info and screens
12.01
When analyzing the support we notice one important area.
- A support zone ranging from 12.13 to 12.21. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 6 important resistance areas.
- A resistance zone ranging from 12.39 to 12.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @12.91 from a trend line in the weekly time frame.
- Resistance @13.27 from a trend line in the daily time frame.
- A resistance zone ranging from 13.75 to 13.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @14.75 from a trend line in the weekly time frame.
- Resistance @15.96 from a horizontal line in the weekly 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 | DOWN | NEGATIVE | The long term trend for BOC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BOC is down. |
| ChartMill Relative Strength | 21.14 | NEGATIVE | BOC has a low relative strength, it was outperformed by 78.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BOC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BOC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BOC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.93 | NEUTRAL | The RSI value for BOC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests BOC has a negative trend. |
| Stochastics (14,3) | 20.12 | NEUTRAL | The Stochastics value for BOC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.4 | MEDIUM VOLATILITY | The ATR as a percentage value for BOC suggests some volalility. |
| Average Directional Index/ADX (14) | 13.05 | NEGATIVE | The low ADX value for BOC suggests a weak or negative trend. |
12.22
+0.06 (+0.49%)
BOSTON OMAHA CORP-CL A / BOC FAQ
What is the ChartMill technical rating of BOSTON OMAHA CORP-CL A (BOC) stock?
ChartMill assigns a technical rating of 0 / 10 to BOC.
What is the trend direction for BOC stock?
The current trend direction for BOSTON OMAHA CORP-CL A (BOC) is Bearish.
What is the RSI signal for BOC stock?
BOSTON OMAHA CORP-CL A (BOC) has an RSI value of 43.9331. This indicates that the stock is currently neutral.
What is the MACD signal for BOC stock?
The MACD indicator for BOSTON OMAHA CORP-CL A (BOC) has a value of -0.024051, indicating a bearish trend.
Can you provide the support and resistance levels for BOSTON OMAHA CORP-CL A?
BOSTON OMAHA CORP-CL A (BOC) has a support level at 12.21 and a resistance level at 12.39. Check the full technical report for our detailed analysis of BOC support and resistance levels.