BLUELINX HOLDINGS INC (BXC)

US09624H2085 - Common Stock

108.54  -1.15 (-1.05%)

After market: 108.54 0 (0%)

Technical Rating and Analysis

2

We assign a technical rating of 2 out of 10 to BXC. Although BXC is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

In the last month BXC has a been trading in the 106.48 - 132.00 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.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Looking at the yearly performance, BXC did better than 87% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
BXC is an average performer in the Trading Companies & Distributors industry, it outperforms 68% of 51 stocks in the same industry.
BXC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BXC is lagging the market slightly.
Weekly and Daily overview Charts
BXC Weekly chart
BXC Daily chart
Setup Rating and Analysis

3

The technical rating of BXC is bad and it also does not present a quality setup 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.

Support and Resistance Analysis

74.22

130.64

We found 2 important support areas.

  • A support zone ranging from 108.53 to 108.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @74.97 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • Resistance @129.35 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.59
Mansfield0.48
10 Day High131.95
10 Day Low106.48
20 Day High132
20 Day Low106.48
52 Week High132.67
52 Week Low66.58
Performance
1 Week-7.63%
2 Weeks-15.87%
1 Month-17.3%
3 Month-2.37%
6 Month52.1%
12 Month50.17%
2 Year62.8%
3 Year115.06%
5 Year322.01%
10 Year728.55%
15 Year246.77%
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)
Technical Indicators
MACD(12,26,9)-2.24
RSI(14)29.99
LBB105.39
UBB134.58
BXC Daily chart

BLUELINX HOLDINGS INC

NYSE:BXC (4/19/2024, 7:04:01 PM)

After market: 108.54 0 (0%)

108.54

-1.15 (-1.05%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg-1.05%
1 Week-7.63%
2 Weeks-15.87%
1 Month-17.3%
3 Month-2.37%
6 Month52.1%
12 Month50.17%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)4.28
ATR(20)%3.56%
ATR Inc
Range Today4.17
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High131.95
10 Day Low106.48
20 Day High132
20 Day Low106.48
52 Week High132.67
52 Week Low66.58
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume86.70K
Volume Incr16.96%
Vol(5)73.64K
Vol(50)71.26K