BSQUARE CORP (BSQR) Stock Technical Analysis
NASDAQ:BSQR - Nasdaq - US11776U3005 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to BSQR. Both in the recent history as in the last year, BSQR has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, BSQR did better than 95% of all other stocks.
BSQR is one of the better performing stocks in the Software industry, it outperforms 89% of 282 stocks in the same industry.
BSQR is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month BSQR has a been trading in a tight range between 1.86 and 1.90.
Considerably lower volume is observed in the last couple of days.
BSQR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 1.90. Right above this resistance zone may be a good entry point.
More info and screens
1.12
1.93
When analyzing the support we can see 4 important areas.
- A support zone ranging from 1.88 to 1.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong support @1.84 from a horizontal line in the daily time frame.
- A support zone ranging from 1.16 to 1.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.13 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.90 to 1.91. 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 BSQR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BSQR is up. |
| ChartMill Relative Strength | 95.92 | POSITIVE | BSQR has a high relative strength, it outperformed 95.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BSQR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BSQR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BSQR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.55 | NEUTRAL | The RSI value for BSQR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BSQR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for BSQR is a neutral value. |
| Average True Range in percent/ATR (20) | 0.85 | LOW VOLATILITY | The low ATR as a percentage value for BSQR suggests low volalility. |
| Average Directional Index/ADX (14) | 80.31 | POSITIVE | The high ADX value value for BSQR suggests a strong 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.92 | 1.87 | 0.05 (2.60%) | 25.00% |
| An entry @1.92. This is a Buy Stop order right above the resistance zone. | An exit @1.87. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.05 points, which is 2.60%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.65%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
1.89
+0.01 (+0.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.53%
1 Week-0.53%
2 Weeks0.53%
1 Month1.07%
3 Month47.66%
6 Month51.2%
12 Month70.27%
2 Year10.53%
3 Year24.34%
5 Year21.94%
10 Year-47.21%
15 Year-19.92%
Volatility
ATR(14)0.02
ATR(20)%0.85%
ATR Inc21.47%
Range Today0.01
ADR(20)0.02
ADR(20)%0.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.92
Mansfield3.36
10 Day High1.9
10 Day Low1.88
20 Day High1.9
20 Day Low1.86
52 Week High1.9
52 Week Low1.05
CS1 End1.89
CR1 Start1.9
Volume & EV
DER(3)-1.23%
DER(5)-0.99%
Volume23.10K
Volume Incr22.91%
Vol(5)114.10K
Vol(50)208.63K