Taking everything into account, BSCR scores 5 out of 10 in our technical rating. Although BSCR is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although the technical rating is only medium, BSCR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 19.74, a Stop Loss order could be placed below this zone.
19.04
When analyzing the support we notice one important area.
When analyzing the resistance we notice one important area.
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 BSCR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BSCR is up. |
| ChartMill Relative Strength | 36.96 | NEUTRAL | BSCR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BSCR is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BSCR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BSCR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.15 | NEUTRAL | The RSI value for BSCR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests BSCR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 57.41 | NEUTRAL | The Stochastics value for BSCR is a neutral value. |
| Average True Range in percent/ATR (20) | 0.09 | LOW VOLATILITY | The low ATR as a percentage value for BSCR suggests low volalility. |
| Average Directional Index/ADX (14) | 14.55 | NEGATIVE | The low ADX value for BSCR suggests a weak or negative trend. |
19.74
0 (0%)
ChartMill assigns a technical rating of 5 / 10 to BSCR.
The current trend direction for INVESCO BULLETSHARES 2027 CB (BSCR) is Bullish.
INVESCO BULLETSHARES 2027 CB (BSCR) has an RSI value of 52.147. This indicates that the stock is currently neutral.
The MACD indicator for INVESCO BULLETSHARES 2027 CB (BSCR) has a value of 0.000695496, indicating a bearish trend.
INVESCO BULLETSHARES 2027 CB (BSCR) has a support level at 19.74 and a resistance level at 19.79. Check the full technical report for our detailed analysis of BSCR support and resistance levels.