BOQII HOLDING LTD - CLASS A (BQ) Stock Technical Analysis
NYSEARCA:BQ - US09950L4014 - Common Stock
3.02 USD
0 (-0.17%)
3 USD
-0.02 (-0.66%)
We assign a technical rating of 8 out of 10 to BQ. Although BQ is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
BQ 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.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, BQ did better than 76% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
BQ is part of the Specialty Retail industry. There are 123 other stocks in this industry, BQ did better than 63% of them.
In the last month BQ has a been trading in the 2.35 - 3.47 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although BQ 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.
More info and screens
1.93
4.10
3 important support areas can be observed.
- A support zone ranging from 2.63 to 2.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.46 from a horizontal line in the daily time frame.
- A support zone ranging from 1.95 to 1.96. 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 3.03 to 3.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.06 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 | UP | POSITIVE | The long term trend for BQ is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BQ is up. |
| ChartMill Relative Strength | 76.94 | POSITIVE | BQ has a high relative strength, it outperformed 76.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BQ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BQ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BQ is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.23 | NEUTRAL | The RSI value for BQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests BQ has a positive trend. |
| Stochastics (14,3) | 65.47 | NEUTRAL | The Stochastics value for BQ is a neutral value. |
| Average True Range in percent/ATR (20) | 7.5 | HIGH VOLATILITY | The high ATR as a percentage value for BQ suggests high volalility. |
| Average Directional Index/ADX (14) | 54.15 | POSITIVE | The high ADX value value for BQ suggests a strong 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)
3.02
0 (-0.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-0.17%
1 Week5.59%
2 Weeks16.15%
1 Month15.27%
3 Month31.48%
6 Month15.05%
12 Month5.62%
2 Year-90.55%
3 Year-91.81%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%7.5%
ATR Inc122.51%
Range Today0.18
ADR(20)0.22
ADR(20)%7.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.94
Mansfield-0.65
10 Day High3.47
10 Day Low2.64
20 Day High3.47
20 Day Low2.35
52 Week High9.89
52 Week Low1.52
CS1 End2.72
CR1 Start3.03
Volume & EV
DER(3)-1.25%
DER(5)3.71%
Volume66.80K
Volume Incr109.81%
Vol(5)51.78K
Vol(50)109.80K