BOX INC - CLASS A (BOX) Stock Technical Analysis
NYSE:BOX • US10316T1043
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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, BOX is a bad performer in the overall market: 89% of all stocks are doing better.
- BOX is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month BOX has a been trading in the 22.55 - 27.16 range, which is quite wide. It is currently trading near the lows of this range.
- BOX has an average volume of 2609380 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- BOX is an average performer in the Software industry, it outperforms 50% of 277 stocks in the same industry.
The technical rating of BOX is bad and it also does not present a 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
22.96
6 important resistance areas can be observed.
- A resistance zone ranging from 23.96 to 24.22. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 29.40 to 29.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @30.81 from a horizontal line in the daily time frame.
- Resistance @32.28 from a horizontal line in the daily time frame.
- Resistance @32.83 from a horizontal line in the daily time frame.
- Resistance @33.73 from a horizontal line in the daily 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 BOX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BOX is down. |
| ChartMill Relative Strength | 11.6 | NEGATIVE | BOX has a low relative strength, it was outperformed by 88.4% 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) | 29.4 | OVERSOLD | The low RSI value suggests BOX may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests BOX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.47 | OVERSOLD | The low Stochastics value suggests BOX may be oversold. |
| Average True Range in percent/ATR (20) | 3.79 | MEDIUM VOLATILITY | The ATR as a percentage value for BOX suggests some volalility. |
| Average Directional Index/ADX (14) | 41.51 | POSITIVE | The high ADX value value for BOX suggests a strong trend. |
23.19
+0.39 (+1.71%)
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 29.4037. This indicates that the stock is currently oversold.
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 resistance level at 23.96. Check the full technical report for our detailed analysis of BOX support and resistance levels.