BLUE STAR FOODS CORP (BSFC) Stock Technical Analysis
NASDAQ:BSFC - Nasdaq - US09606H3093 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to BSFC. BSFC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
100% of all other stocks performed better in the past year than BSFC.
BSFC is part of the Food Products industry. There are 90 other stocks in this industry, of which 96% are performing better than BSFC.
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.
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
0.15
0.15
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. |
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)
0.1476
-0.14 (-48.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-48.21%
1 Week-53.82%
2 Weeks-47.77%
1 Month-28.73%
3 Month-76.61%
6 Month-92.87%
12 Month-97.96%
2 Year-99.96%
3 Year-99.99%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%40.82%
ATR Inc138.33%
Range Today0.18
ADR(20)0.06
ADR(20)%40.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.39
Mansfield-9.56
10 Day High0.34
10 Day Low0.11
20 Day High0.48
20 Day Low0.11
52 Week High8.7
52 Week Low0.11
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-4.88%
DER(5)-2.24%
Volume7.45M
Volume Incr-66.82%
Vol(5)1.84M
Vol(50)3.77M