BRANCHOUT FOOD INC/OR (BOF) Technical Analysis
NASDAQ:BOF • US1052301066
Current stock price
BOF Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to BOF. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- In the last month BOF has a been trading in the 3.30 - 4.58 range, which is quite wide. It is currently trading near the lows of this range.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- BOF is one of the better performing stocks in the Food Products industry, it outperforms 77% of 87 stocks in the same industry.
- When comparing the yearly performance of all stocks, we notice that BOF is one of the better performing stocks in the market, outperforming 80% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- BOF is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BOF is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
BOF Weekly and Daily overview Charts
BOF Setup Rating and Analysis
Although BOF 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
BOF Support and Resistance Analysis
2.58
5 important support areas can be observed.
- A support zone ranging from 3.31 to 3.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.25 from a trend line in the daily time frame.
- Support @3.08 from a trend line in the daily time frame.
- Support @2.93 from a horizontal line in the weekly time frame.
- Support @2.61 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 3.67 to 3.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
BOF 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 | UP | POSITIVE | The long term trend for BOF is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BOF is neutral. |
| ChartMill Relative Strength | 80.75 | POSITIVE | BOF has a high relative strength, it outperformed 80.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BOF is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BOF is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BOF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.96 | NEUTRAL | The RSI value for BOF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests BOF has a negative trend. |
| Stochastics (14,3) | 26.68 | NEUTRAL | The Stochastics value for BOF is a neutral value. |
| Average True Range in percent/ATR (20) | 8.92 | HIGH VOLATILITY | The high ATR as a percentage value for BOF suggests high volalility. |
| Average Directional Index/ADX (14) | 16.26 | NEGATIVE | The low ADX value for BOF suggests a weak or negative trend. |
BOF Chart- and CandleStick Pattern Analysis
BOF Technicals: Chart, Performance Metrics, Trend & Indicators
3.34
-0.26 (-7.22%)
BRANCHOUT FOOD INC/OR / BOF TA FAQ
What is the technical rating for BOF stock?
ChartMill assigns a technical rating of 7 / 10 to BOF.
What is the current trend direction of BRANCHOUT FOOD INC/OR (BOF) stock?
The current trend direction for BRANCHOUT FOOD INC/OR (BOF) is Bullish.
What is the RSI signal for BRANCHOUT FOOD INC/OR (BOF) stock?
BRANCHOUT FOOD INC/OR (BOF) has an RSI value of 41.9553. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BRANCHOUT FOOD INC/OR?
The MACD indicator for BRANCHOUT FOOD INC/OR (BOF) has a value of -0.0623636, indicating a bearish trend.
Can you provide the short term momentum for BRANCHOUT FOOD INC/OR?
The short term momentum for BRANCHOUT FOOD INC/OR (BOF) is neutral.