BOXL Technical Analysis - BOXLIGHT CORP - CLASS A

Technical Rating and Analysis

Taking everything into account, BOXL scores 7 out of 10 in our technical rating. BOXL has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.

BOXL is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.

In the last month BOXL has a been trading in the 1.40 - 10.15 range, which is quite wide. It is currently trading near the lows of this range.

BOXL is part of the Technology Hardware, Storage & Peripherals industry. There are 33 other stocks in this industry. BOXL outperforms 71% of them.

Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.

BOXL has an average volume of 5434830 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

Both the short term and long term trends are neutral. So this is not the most entertaining stock around.

Looking at the yearly performance, BOXL did better than 90% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

BOXLIGHT CORP - CLASS A / BOXL Weekly stock chart

BOXLIGHT CORP - CLASS A / BOXL Daily stock chart

Setup Rating and Analysis

Although BOXL has an excellent technical rating, it does not offer a high 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

1.49

2.89

2 important support areas can be observed.

Support @1.54 from a trend line in the daily time frame.
Support @1.50 from a horizontal line in the daily time frame.

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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	NEUTRAL	NEUTRAL	The long term trend for BOXL is neutral.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for BOXL is neutral.
ChartMill Relative Strength	90.02	POSITIVE	BOXL has a high relative strength, it outperformed 90.02% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of BOXL is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of BOXL is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of BOXL is above the rising SMA(200).
Relative Strength Index/RSI (14)	56.12	NEUTRAL	The RSI value for BOXL is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.18	POSITIVE	The MACD value suggests BOXL has a positive trend, although the MACD value is declining.
Stochastics (14,3)	21.28	NEUTRAL	The Stochastics value for BOXL is a neutral value.
Average True Range in percent/ATR (20)	25.84	HIGH VOLATILITY	The high ATR as a percentage value for BOXL suggests high volalility.
Average Directional Index/ADX (14)	35.03	POSITIVE	The high ADX value value for BOXL suggests a strong trend.