Taking everything into account, BSCS scores 3 out of 10 in our technical rating. BSCS was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
Although the technical rating is bad, BSCS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 20.58, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BSCS in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
19.79
We found 1 important support area.
- A support zone ranging from 19.99 to 20.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 20.59 to 20.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 BSCS is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BSCS is neutral. |
| ChartMill Relative Strength | 39.6 | NEUTRAL | BSCS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BSCS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BSCS is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BSCS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.59 | NEUTRAL | The RSI value for BSCS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests BSCS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.21 | NEUTRAL | The Stochastics value for BSCS is a neutral value. |
| Average True Range in percent/ATR (20) | 0.13 | LOW VOLATILITY | The low ATR as a percentage value for BSCS suggests low volalility. |
| Average Directional Index/ADX (14) | 14.09 | NEGATIVE | The low ADX value for BSCS suggests a weak or negative trend. |
20.59
-0.01 (-0.05%)
INVESCO BULLETSHARES 2028 CB / BSCS FAQ
What is the ChartMill technical rating of INVESCO BULLETSHARES 2028 CB (BSCS) stock?
ChartMill assigns a technical rating of 3 / 10 to BSCS.
What is the trend direction for BSCS stock?
The current trend direction for INVESCO BULLETSHARES 2028 CB (BSCS) is Bullish.
What is the RSI signal for BSCS stock?
INVESCO BULLETSHARES 2028 CB (BSCS) has an RSI value of 48.5886. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for INVESCO BULLETSHARES 2028 CB?
INVESCO BULLETSHARES 2028 CB (BSCS) has a support level at 20.58 and a resistance level at 20.59. Check the full technical report for our detailed analysis of BSCS support and resistance levels.