Bluegreen Vacations Corp (BXG) Stock Technical Analysis
NYSE:BXG - New York Stock Exchange, Inc. -
We assign a technical rating of 7 out of 10 to BXG. In the last year, BXG was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month BXG has a been trading in the 8.95 - 10.99 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.
Looking at the yearly performance, BXG did better than 85% of all other stocks. On top of that, BXG also shows a nice and consistent pattern of rising prices.
BXG 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 BXG is lagging the market slightly.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
BXG 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
6.00
11.23
3 important support areas can be observed.
- A support zone ranging from 9.27 to 9.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.83 from a trend line in the daily time frame.
- Support @6.06 from a trend line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 9.33 to 9.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 9.87 to 9.99. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @10.91 from a trend line in the weekly time frame.
- Resistance @11.12 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for BXG is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BXG is down. |
| ChartMill Relative Strength | 85.57 | POSITIVE | BXG has a high relative strength, it outperformed 85.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BXG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BXG is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BXG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.85 | NEUTRAL | The RSI value for BXG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests BXG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.45 | NEUTRAL | The Stochastics value for BXG is a neutral value. |
| Average True Range in percent/ATR (20) | 4.06 | MEDIUM VOLATILITY | The ATR as a percentage value for BXG suggests some volalility. |
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)
NYSE:BXG (5/5/2021, 8:04:01 PM)
9.32
-0.24 (-2.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.51%
1 Week-6.61%
2 Weeks-3.82%
1 Month-14.65%
3 Month17.97%
6 Month86.03%
12 Month129.56%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.4
ATR(20)%4.06%
ATR Inc-2.7%
Range Today0.47
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.57
Mansfield1.91
10 Day High10.08
10 Day Low8.95
20 Day High10.99
20 Day Low8.95
52 Week High11.3
52 Week Low3.42
CS1 End9.27
CR1 Start9.33
Volume & EV
DER(3)-4.81%
DER(5)-3.89%
Volume41.50K
Volume Incr-24.45%
Vol(5)28.58K
Vol(50)37.62K