BOXLIGHT CORP - CLASS A (BOXL) Stock Technical Analysis
NASDAQ:BOXL - Nasdaq - US1031973076 - Common Stock - Currency: USD
Overall BOXL gets a technical rating of 6 out of 10. BOXL has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
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.
Warning: BOXL has an average volume of 18887 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month BOXL has a been trading in the 1.60 - 2.20 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, BOXL outperforms 64% of them, which is more or less in line with the market.
BOXL is an average performer in the Technology Hardware, Storage & Peripherals industry, it outperforms 61% of 32 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
BOXL has an average technical rating and it also 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.
More info and screens
1.65
2.95
We found 3 important support areas.
- Support @1.86 from a trend line in the daily time frame.
- A support zone ranging from 1.79 to 1.80. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.67 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @2.92 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for BOXL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BOXL is up. |
| ChartMill Relative Strength | 64.13 | NEUTRAL | BOXL is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of BOXL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 70.87 | OVERBOUGHT | The high RSI value suggests BOXL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests BOXL has a positive trend. |
| Stochastics (14,3) | 95.4 | OVERBOUGHT | The high Stochastics value suggests BOXL may be overbought. |
| Average True Range in percent/ATR (20) | 5.24 | HIGH VOLATILITY | The high ATR as a percentage value for BOXL suggests high volalility. |
| Average Directional Index/ADX (14) | 21.72 | NEUTRAL | The ADX value for BOXL suggests a possible start of a new trend. |
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)
2.2
+0.06 (+2.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg2.8%
1 Week7.32%
2 Weeks25.71%
1 Month18.28%
3 Month53.85%
6 Month-51.65%
12 Month-29.03%
2 Year-81.28%
3 Year-89.45%
5 Year-97.45%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%5.24%
ATR Inc-7.51%
Range Today0.14
ADR(20)0.11
ADR(20)%5.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.13
Mansfield-0.89
10 Day High2.2
10 Day Low1.75
20 Day High2.2
20 Day Low1.6
52 Week High10.65
52 Week Low1.06
CS1 End1.86
CR1 Start2.92
Volume & EV
DER(3)5.25%
DER(5)11.32%
Volume16.95K
Volume Incr7.73%
Vol(5)20.07K
Vol(50)18.89K