BOXLIGHT CORP - CLASS A (BOXL) Stock Technical Analysis
NASDAQ:BOXL • US1031974066
Overall BOXL gets a technical rating of 1 out of 10. BOXL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, BOXL is a bad performer in the overall market: 99% of all stocks are doing better.
- BOXL is part of the Technology Hardware, Storage & Peripherals industry. There are 36 other stocks in this industry, of which 91% are performing better than BOXL.
- BOXL 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 BOXL has a been trading in the 1.19 - 2.75 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- BOXL has an average volume of 8208630 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
BOXL has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
1.21
When analyzing the support we can see 2 important areas.
- Support @1.25 from a horizontal line in the daily time frame.
- A support zone ranging from 1.22 to 1.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 1.43 to 1.43. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.56 from a trend 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 BOXL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BOXL is down. |
| ChartMill Relative Strength | 1 | NEGATIVE | BOXL has a low relative strength, it was outperformed by 99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BOXL is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BOXL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BOXL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.06 | NEUTRAL | The RSI value for BOXL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests BOXL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 22.8 | NEUTRAL | The Stochastics value for BOXL is a neutral value. |
| Average True Range in percent/ATR (20) | 21.98 | HIGH VOLATILITY | The high ATR as a percentage value for BOXL suggests high volalility. |
| Average Directional Index/ADX (14) | 30.32 | POSITIVE | The high ADX value value for BOXL suggests a strong trend. |
1.37
-0.12 (-8.05%)
BOXLIGHT CORP - CLASS A / BOXL FAQ
Can you provide the ChartMill technical rating for BOXLIGHT CORP - CLASS A?
ChartMill assigns a technical rating of 1 / 10 to BOXL.
Can you provide the trend direction for BOXLIGHT CORP - CLASS A?
The current trend direction for BOXLIGHT CORP - CLASS A (BOXL) is Bearish.
What is the RSI signal for BOXLIGHT CORP - CLASS A (BOXL) stock?
BOXLIGHT CORP - CLASS A (BOXL) has an RSI value of 42.0582. This indicates that the stock is currently neutral.
What is the MACD signal for BOXLIGHT CORP - CLASS A (BOXL) stock?
The MACD indicator for BOXLIGHT CORP - CLASS A (BOXL) has a value of 0.0549143, indicating a bearish trend.
What is the support and resistance level for BOXL stock?
BOXLIGHT CORP - CLASS A (BOXL) has a support level at 1.25 and a resistance level at 1.43. Check the full technical report for our detailed analysis of BOXL support and resistance levels.