INVESCO BULLETSHARES 2022 CO (BSCM) Stock Technical Analysis
USA - NASDAQ:BSCM - US46138J8826 - ETF
We assign a technical rating of 2 out of 10 to BSCM. BSCM has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The technical rating of BSCM is bad and it also does not present a 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
20.94
We found 1 important support area.
- A support zone ranging from 21.15 to 21.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 21.21 to 21.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @21.67 from a horizontal 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 BSCM is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BSCM is neutral. |
| ChartMill Relative Strength | 68.99 | NEUTRAL | BSCM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BSCM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BSCM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BSCM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 31.57 | NEUTRAL | The RSI value for BSCM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BSCM has a negative trend. |
| Stochastics (14,3) | 26.52 | NEUTRAL | The Stochastics value for BSCM is a neutral value. |
| Average True Range in percent/ATR (20) | 0.14 | LOW VOLATILITY | The low ATR as a percentage value for BSCM suggests low volalility. |
| Average Directional Index/ADX (14) | 19.47 | NEGATIVE | The low ADX value for BSCM suggests a weak or negative trend. |
NASDAQ:BSCM (12/15/2022, 8:00:02 PM)
21.16
0 (-0.02%)
INVESCO BULLETSHARES 2022 CO / BSCM FAQ
What is the technical rating for BSCM stock?
ChartMill assigns a technical rating of 2 / 10 to BSCM.
What is the trend direction for BSCM stock?
The current trend direction for INVESCO BULLETSHARES 2022 CO (BSCM) is Bearish.
Can you provide the RSI signal for INVESCO BULLETSHARES 2022 CO?
INVESCO BULLETSHARES 2022 CO (BSCM) has an RSI value of 31.5743. This indicates that the stock is currently neutral.
Can you provide the short term momentum for INVESCO BULLETSHARES 2022 CO?
The short term momentum for INVESCO BULLETSHARES 2022 CO (BSCM) is neutral.
What is the support and resistance level for BSCM stock?
INVESCO BULLETSHARES 2022 CO (BSCM) has a support level at 21.15 and a resistance level at 21.21. Check the full technical report for our detailed analysis of BSCM support and resistance levels.