BOX INC - CLASS A (BOX) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BOX - US10316T1043 - Common Stock
Taking everything into account, BOX scores 0 out of 10 in our technical rating. BOX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, BOX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 30.54. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 29.68, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BOX in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
28.14
When analyzing the support we can see 2 important areas.
- A support zone ranging from 29.31 to 29.68. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 28.42 to 28.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 30.54 to 30.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 32.11 to 32.28. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 32.83 to 33.55. 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 | DOWN | NEGATIVE | The long term trend for BOX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BOX is down. |
| ChartMill Relative Strength | 22.23 | NEGATIVE | BOX has a low relative strength, it was outperformed by 77.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BOX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BOX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BOX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.86 | NEUTRAL | The RSI value for BOX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BOX has a positive trend. |
| Stochastics (14,3) | 60.9 | NEUTRAL | The Stochastics value for BOX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.11 | MEDIUM VOLATILITY | The ATR as a percentage value for BOX suggests some volalility. |
| Average Directional Index/ADX (14) | 14.1 | NEGATIVE | The low ADX value for BOX suggests a weak or negative trend. |
29.71
+0.14 (+0.47%)
BOX INC - CLASS A / BOX FAQ
What is the technical rating for BOX stock?
ChartMill assigns a technical rating of 0 / 10 to BOX.
What is the trend direction for BOX stock?
The current trend direction for BOX INC - CLASS A (BOX) is Bearish.
What is the RSI signal for BOX stock?
BOX INC - CLASS A (BOX) has an RSI value of 46.8644. This indicates that the stock is currently neutral.
What is the short term momentum for BOX INC - CLASS A (BOX) stock?
The short term momentum for BOX INC - CLASS A (BOX) is negative.
What are the support and resistance levels for BOX INC - CLASS A (BOX) stock?
BOX INC - CLASS A (BOX) has a support level at 29.68 and a resistance level at 30.54. Check the full technical report for our detailed analysis of BOX support and resistance levels.