BLUELINX HOLDINGS INC (BXC) Stock Technical Analysis
NYSE:BXC - US09624H2085 - Common Stock
82.77 USD
+0.89 (+1.09%)
82.77 USD
0 (0%)
Taking everything into account, BXC scores 7 out of 10 in our technical rating. In the last year, BXC was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
BXC is one of the lesser performing stocks in the Trading Companies & Distributors industry. 72% of 48 stocks in the same industry do better.
BXC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month BXC has a been trading in the 69.01 - 85.58 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, BXC turns out to be only a medium performer in the overall market: it outperformed 44% of all stocks.
Considerably lower volume is observed in the last couple of days.
BXC 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
63.12
131.61
5 important support areas can be observed.
- A support zone ranging from 77.49 to 77.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @74.44 from a trend line in the weekly time frame.
- A support zone ranging from 71.39 to 71.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @67.59 from a trend line in the daily time frame.
- Support @63.76 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 83.74 to 84.22. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 86.56 to 86.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @130.31 from a horizontal line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for BXC is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BXC is up. |
| ChartMill Relative Strength | 44.83 | NEUTRAL | BXC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BXC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BXC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BXC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.71 | NEUTRAL | The RSI value for BXC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.7 | POSITIVE | The MACD value suggests BXC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.76 | OVERBOUGHT | The high Stochastics value suggests BXC may be overbought. |
| Average True Range in percent/ATR (20) | 4.07 | MEDIUM VOLATILITY | The ATR as a percentage value for BXC suggests some volalility. |
| Average Directional Index/ADX (14) | 19.85 | NEGATIVE | The low ADX value for BXC suggests a weak or negative 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)
82.77
+0.89 (+1.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg1.09%
1 Week5.27%
2 Weeks6.66%
1 Month12.97%
3 Month23.69%
6 Month4.28%
12 Month-17.76%
2 Year-7.27%
3 Year18.07%
5 Year305.14%
10 Year934.63%
15 Year143.44%
Volatility
ATR(14)3.25
ATR(20)%4.07%
ATR Inc-29.25%
Range Today2.21
ADR(20)3.24
ADR(20)%3.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.83
Mansfield-1.73
10 Day High85.58
10 Day Low75.8
20 Day High85.58
20 Day Low69.01
52 Week High134.79
52 Week Low63.14
CS1 End77.9
CR1 Start83.74
Volume & EV
DER(3)-2.45%
DER(5)-1.31%
Volume64.10K
Volume Incr-36.93%
Vol(5)82.36K
Vol(50)129.69K