BRANCHOUT FOOD INC/OR (BOF) Technical Analysis
NASDAQ:BOF • US1052301066
Current stock price
BOF Technical Rating and Analysis
Overall BOF gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BOF is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, BOF did better than 93% of all other stocks. On top of that, BOF also shows a nice and consistent pattern of rising prices.
- BOF is part of the Food Products industry. There are 87 other stocks in this industry. BOF outperforms 97% of them.
- BOF is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BOF is lagging the market slightly.
- In the last month BOF has a been trading in the 3.15 - 4.77 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BOF Weekly and Daily overview Charts
BOF Setup Rating and Analysis
Although BOF has an excellent technical rating, it does not present a decent entry opportunity 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
2.67
When analyzing the support we can see 5 important areas.
- A support zone ranging from 4.13 to 4.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.52 from a trend line in the weekly time frame.
- Support @3.43 from a trend line in the daily time frame.
- Support @3.17 from a trend line in the daily time frame.
- Support @2.70 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 4.68 to 4.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.76 from a horizontal line in the daily time frame.
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 | UP | POSITIVE | The short term trend for BOF is up. |
| ChartMill Relative Strength | 93.96 | POSITIVE | BOF has a high relative strength, it outperformed 93.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BOF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BOF is above 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) | 54 | NEUTRAL | The RSI value for BOF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests BOF has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.1 | NEUTRAL | The Stochastics value for BOF is a neutral value. |
| Average True Range in percent/ATR (20) | 7.25 | HIGH VOLATILITY | The high ATR as a percentage value for BOF suggests high volalility. |
| Average Directional Index/ADX (14) | 27.84 | POSITIVE | The high ADX value value for BOF suggests a strong trend. |
BOF Chart- and CandleStick Pattern Analysis
BOF Technicals: Chart, Performance Metrics, Trend & Indicators
4.14
-0.07 (-1.66%)
BRANCHOUT FOOD INC/OR / BOF TA FAQ
What is the technical rating for BOF stock?
ChartMill assigns a technical rating of 10 / 10 to BOF.
What is the trend direction for BOF stock?
The current trend direction for BRANCHOUT FOOD INC/OR (BOF) is Bullish.
Can you provide the RSI signal for BRANCHOUT FOOD INC/OR?
BRANCHOUT FOOD INC/OR (BOF) has an RSI value of 53.9951. This indicates that the stock is currently neutral.
What is the buy/sell signal for BOF stock?
The buy/sell signal for BRANCHOUT FOOD INC/OR (BOF) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for BRANCHOUT FOOD INC/OR (BOF) stock?
BRANCHOUT FOOD INC/OR (BOF) has a support level at 4.13 and a resistance level at 4.68. Check the full technical report for our detailed analysis of BOF support and resistance levels.