BLUE STAR FOODS CORP (BSFC) Technical Analysis
NASDAQ:BSFC • US09606H3093
Current stock price
BSFC Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to BSFC. BSFC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, BSFC is a bad performer in the overall market: 100% of all stocks are doing better.
- BSFC is one of the lesser performing stocks in the Food Products industry. 94% of 87 stocks in the same industry do better.
- BSFC is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so BSFC is lagging the market.
- In the last month BSFC has a been trading in the 0.11 - 0.48 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- BSFC has an average volume of 3773120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
BSFC Weekly and Daily overview Charts
BSFC Setup Rating and Analysis
The technical rating of BSFC is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
BSFC Support and Resistance Analysis
BSFC Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for BSFC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BSFC is down. |
| ChartMill Relative Strength | 0.39 | NEGATIVE | BSFC has a low relative strength, it was outperformed by 99.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BSFC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BSFC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BSFC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 29.39 | OVERSOLD | The low RSI value suggests BSFC may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests BSFC has a negative trend. |
| Stochastics (14,3) | 33.73 | NEUTRAL | The Stochastics value for BSFC is a neutral value. |
| Average True Range in percent/ATR (20) | 40.82 | HIGH VOLATILITY | The high ATR as a percentage value for BSFC suggests high volalility. |
| Average Directional Index/ADX (14) | 23.98 | NEUTRAL | The ADX value for BSFC suggests a possible start of a new trend. |
BSFC Chart- and CandleStick Pattern Analysis
BSFC Technicals: Chart, Performance Metrics, Trend & Indicators
0.1476
-0.14 (-48.21%)
BLUE STAR FOODS CORP / BSFC TA FAQ
What is the ChartMill technical rating of BLUE STAR FOODS CORP (BSFC) stock?
ChartMill assigns a technical rating of 0 / 10 to BSFC.
What is the trend direction for BSFC stock?
The current trend direction for BLUE STAR FOODS CORP (BSFC) is Bearish.
What is the RSI signal for BLUE STAR FOODS CORP (BSFC) stock?
BLUE STAR FOODS CORP (BSFC) has an RSI value of 29.3904. This indicates that the stock is currently oversold.
What is the MACD signal for BSFC stock?
The MACD indicator for BLUE STAR FOODS CORP (BSFC) has a value of -0.00330624, indicating a bearish trend.