INVESCO BULLETSHARES 2034 MB (BSMY) Stock Technical Analysis
NASDAQ:BSMY - Nasdaq - US46139W7671 - ETF - Currency: USD
Taking everything into account, BSMY scores 5 out of 10 in our technical rating. BSMY has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
BSMY has only a medium technical rating, but it does show a decent setup pattern. 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 23.65, a Stop Loss order could be placed below this zone.
More info and screens
22.98
We found 1 important support area.
- A support zone ranging from 23.21 to 23.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @23.80 from a horizontal line in the daily time frame.
- Resistance @24.29 from a horizontal line in the daily time frame.
- A resistance zone ranging from 24.74 to 24.91. This zone is formed by a combination of multiple trend lines 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 BSMY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BSMY is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | BSMY has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BSMY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BSMY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BSMY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.06 | NEUTRAL | The RSI value for BSMY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests BSMY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.78 | OVERBOUGHT | The high Stochastics value suggests BSMY may be overbought. |
| Average True Range in percent/ATR (20) | 0.29 | LOW VOLATILITY | The low ATR as a percentage value for BSMY suggests low volalility. |
| Average Directional Index/ADX (14) | 16.31 | NEGATIVE | The low ADX value for BSMY suggests a weak or negative trend. |
NASDAQ:BSMY (8/8/2025, 8:21:47 PM)
23.655
-0.02 (-0.08%)