We assign a technical rating of 10 out of 10 to BSQR. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BSQR is showing a nice and steady performance.
Besides having an excellent technical rating, BSQR 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
We found 4 important support 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.
We found 1 important resistance 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. |
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 trade has a worst case loss of 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%)
BSQUARE CORP / BSQR FAQ
What is the technical rating for BSQR stock?
ChartMill assigns a technical rating of 9 / 10 to BSQR.
Can you provide the trend direction for BSQUARE CORP?
The current trend direction for BSQUARE CORP (BSQR) is Bullish.
Can you provide the RSI signal for BSQUARE CORP?
BSQUARE CORP (BSQR) has an RSI value of 69.5481. This indicates that the stock is currently neutral.
What is the buy/sell signal for BSQR stock?
The buy/sell signal for BSQUARE CORP (BSQR) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for BSQUARE CORP (BSQR) stock?
BSQUARE CORP (BSQR) has a support level at 1.89 and a resistance level at 1.9. Check the full technical report for our detailed analysis of BSQR support and resistance levels.