BOX INC - CLASS A (BOX)

US10316T1043 - Common Stock

28.32  -0.08 (-0.28%)

After market: 28.32 0 (0%)

Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to BOX. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BOX is only an average performer.

Both the short term and long term trends are positive. This is a very positive sign.
In the last month BOX has a been trading in the 25.77 - 30.30 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
BOX has an average volume of 2614640 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, BOX turns out to be only a medium performer in the overall market: it outperformed 59% of all stocks.
BOX is part of the Software industry. There are 279 other stocks in this industry, BOX did better than 57% of them.
BOX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BOX is lagging the market.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
BOX Weekly chart
BOX Daily chart
Setup Rating and Analysis

6

BOX has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 29.38. Right above this resistance zone may be a good entry point.

Support and Resistance Analysis

23.61

31.11

We found 3 important support areas.

  • Support @25.97 from a trend line in the weekly time frame.
  • A support zone ranging from 24.93 to 25.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 23.85 to 24.39. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 2 important resistance areas.

  • A resistance zone ranging from 29.38 to 30.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @30.80 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.57
Mansfield-0.99
10 Day High29.76
10 Day Low27.91
20 Day High30.3
20 Day Low25.77
52 Week High31.94
52 Week Low23.29
Performance
1 Week-0.07%
2 Weeks-4.03%
1 Month9.81%
3 Month10.58%
6 Month16.98%
12 Month5.71%
2 Year-2.55%
3 Year23.34%
5 Year46.66%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.18
RSI(14)53.19
LBB27.67
UBB30.13
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
28.5927.900.68 (2.39%)25.00%
An entry @28.59. This is a Buy Stop order right above the 10 day moving average.An exit @27.90. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.68 points, which is 2.39%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.60%.

  • The distance between exit and entry is rather small compared to the average daily movement of BOX. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BOX Daily chart

BOX INC - CLASS A

NYSE:BOX (3/28/2024, 4:15:01 PM)

After market: 28.32 0 (0%)

28.32

-0.08 (-0.28%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-0.28%
1 Week-0.07%
2 Weeks-4.03%
1 Month9.81%
3 Month10.58%
6 Month16.98%
12 Month5.71%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.54
ATR(20)%2.7%
ATR Inc
Range Today0.36
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High29.76
10 Day Low27.91
20 Day High30.3
20 Day Low25.77
52 Week High31.94
52 Week Low23.29
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.43M
Volume Incr-68.46%
Vol(5)1.47M
Vol(50)2.61M