Bluegreen Vacations Corp (BXG) Technical Analysis
NYSE:BXG
Current stock price
BXG Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to BXG. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- 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.
- When comparing the yearly performance of all stocks, we notice that BXG is one of the better performing stocks in the market, outperforming 85% of all 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 is also trading in the upper part of its 52 week range, so BXG is performing more or less in line with the market.
- 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 Weekly and Daily overview Charts
BXG Setup Rating and Analysis
Although BXG has an excellent technical rating, the quality of the presented setup is not ideal 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
BXG Support and Resistance Analysis
6.00
We found 3 important support areas.
- 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.
BXG 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 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. |
BXG Chart- and CandleStick Pattern Analysis
BXG Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:BXG (5/5/2021, 8:04:01 PM)
9.32
-0.24 (-2.51%)
Bluegreen Vacations Corp / BXG TA FAQ
Can you provide the ChartMill technical rating for Bluegreen Vacations Corp?
ChartMill assigns a technical rating of 6 / 10 to BXG.
What is the trend direction for BXG stock?
The current trend direction for Bluegreen Vacations Corp (BXG) is Bullish.
What is the RSI signal for BXG stock?
Bluegreen Vacations Corp (BXG) has an RSI value of 36.8524. This indicates that the stock is currently neutral.
What is the short term momentum for BXG stock?
The short term momentum for Bluegreen Vacations Corp (BXG) is negative.
What is the buy/sell signal for BXG stock?
The buy/sell signal for Bluegreen Vacations Corp (BXG) is hold as the short term and long term trends are mixed.