JOHN HANCOCK FINANCIAL OPP (BTO) Technical Analysis
NYSE:BTO • US4097352060
Current stock price
BTO Technical Rating and Analysis
Overall BTO gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BTO is only an average performer.
- The long and short term trends are both positive. This is looking good!
- BTO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BTO is lagging the market slightly.
- In the last month BTO has a been trading in the 33.06 - 38.50 range, which is quite wide. It is currently trading near the high of this range.
- When compared to the yearly performance of all other stocks, BTO outperforms 63% of them, which is more or less in line with the market.
BTO Weekly and Daily overview Charts
BTO Setup Rating and Analysis
BTO has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
BTO Support and Resistance Analysis
31.83
When analyzing the support we can see 3 important areas.
- A support zone ranging from 35.26 to 36.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @33.56 from a trend line in the weekly time frame.
- A support zone ranging from 32.15 to 33.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 39.40 to 39.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
BTO 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 | UP | POSITIVE | The long term trend for BTO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BTO is up. |
| ChartMill Relative Strength | 63.66 | NEUTRAL | BTO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BTO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BTO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BTO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.36 | NEUTRAL | The RSI value for BTO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.45 | POSITIVE | The MACD value suggests BTO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.93 | OVERBOUGHT | The high Stochastics value suggests BTO may be overbought. |
| Average True Range in percent/ATR (20) | 2.39 | MEDIUM VOLATILITY | The ATR as a percentage value for BTO suggests some volalility. |
| Average Directional Index/ADX (14) | 23.5 | NEUTRAL | The ADX value for BTO suggests a possible start of a new trend. |
BTO Chart- and CandleStick Pattern Analysis
BTO Example Setup
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 |
|---|---|---|---|
| 38.51 | 33.75 | 4.76 (12.36%) | 8.09% |
| An entry @38.51. This is a Buy Stop order right above the 10 day high. | An exit @33.75. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 4.76 points, which is 12.36%. | For a 1.00% total portfolio risk, you can invest 8.09% of your capital in this trade. |
- 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.
BTO Technicals: Chart, Performance Metrics, Trend & Indicators
37.56
+0.04 (+0.11%)
JOHN HANCOCK FINANCIAL OPP / BTO TA FAQ
What is the ChartMill technical rating of JOHN HANCOCK FINANCIAL OPP (BTO) stock?
ChartMill assigns a technical rating of 7 / 10 to BTO.
What is the current trend direction of JOHN HANCOCK FINANCIAL OPP (BTO) stock?
The current trend direction for JOHN HANCOCK FINANCIAL OPP (BTO) is Bullish.
What is the RSI signal for BTO stock?
JOHN HANCOCK FINANCIAL OPP (BTO) has an RSI value of 63.3635. This indicates that the stock is currently neutral.
What is the MACD signal for JOHN HANCOCK FINANCIAL OPP (BTO) stock?
The MACD indicator for JOHN HANCOCK FINANCIAL OPP (BTO) has a value of 0.448474, indicating a bearish trend.
What is the buy/sell signal for BTO stock?
The buy/sell signal for JOHN HANCOCK FINANCIAL OPP (BTO) is buy as both the short term and long term trends are positive.