Bank of Commerce Holdings (BOCH) Stock Technical Analysis
NASDAQ:BOCH
Taking everything into account, BOCH scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BOCH 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, BOCH did better than 90% of all other stocks. We also observe that the gains produced by BOCH over the past year are nicely spread over this period.
- BOCH is part of the Banks industry. There are 379 other stocks in this industry. BOCH outperforms 97% of them.
- A new 52 week high is currently being made by BOCH, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month BOCH has a been trading in the 12.72 - 15.89 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days.
Although BOCH has an excellent technical rating, it does not offer a high quality setup 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
12.55
We found 4 important support areas.
- A support zone ranging from 13.92 to 14.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 13.15 to 13.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @12.90 from a horizontal line in the daily time frame.
- Support @12.68 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 15.18 to 15.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 BOCH is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BOCH is up. |
| ChartMill Relative Strength | 90.02 | POSITIVE | BOCH has a high relative strength, it outperformed 90.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BOCH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BOCH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BOCH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.55 | NEUTRAL | The RSI value for BOCH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests BOCH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.52 | OVERBOUGHT | The high Stochastics value suggests BOCH may be overbought. |
| Average True Range in percent/ATR (20) | 2.85 | MEDIUM VOLATILITY | The ATR as a percentage value for BOCH suggests some volalility. |
15.17
-0.24 (-1.56%)
Bank of Commerce Holdings / BOCH FAQ
What is the technical rating for BOCH stock?
ChartMill assigns a technical rating of 10 / 10 to BOCH.
What is the trend direction for BOCH stock?
The current trend direction for Bank of Commerce Holdings (BOCH) is Bullish.
What is the RSI signal for Bank of Commerce Holdings (BOCH) stock?
Bank of Commerce Holdings (BOCH) has an RSI value of 66.5533. This indicates that the stock is currently neutral.
Can you provide the MACD signal for Bank of Commerce Holdings?
The MACD indicator for Bank of Commerce Holdings (BOCH) has a value of 0.238674, indicating a bearish trend.
What are the support and resistance levels for Bank of Commerce Holdings (BOCH) stock?
Bank of Commerce Holdings (BOCH) has a support level at 14.33 and a resistance level at 15.18. Check the full technical report for our detailed analysis of BOCH support and resistance levels.