BOISE CASCADE CO (BCC)
US09739D1000 - Common Stock
We assign a technical rating of 6 out of 10 to BCC. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BCC is only an average performer.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the performance of all stocks over the past year, BCC turns out to be only a medium performer in the overall market: it outperformed 62% of all stocks.
BCC is part of the Trading Companies & Distributors industry. There are 51 other stocks in this industry, BCC did better than 43% of them.
BCC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BCC is lagging the market.
In the last month BCC has a been trading in the 125.01 - 146.58 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, BCC does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 140.71. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 139.26, a Stop Loss order could be placed below this zone.
More info and screens
120.43
146.14
We found 5 important support areas.
- A support zone ranging from 136.35 to 139.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @132.82 from a trend line in the weekly time frame.
- Support @130.37 from a trend line in the daily time frame.
- Support @124.12 from a horizontal line in the weekly time frame.
- Support @121.65 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 140.71 to 141.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 144.18 to 144.69. This zone is formed by a combination of multiple trend lines in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.2
Mansfield-0.69
10 Day High145.5
10 Day Low136.87
20 Day High146.58
20 Day Low125.01
52 Week High154.67
52 Week Low106.38
Performance
1 Week0.01%
2 Weeks-0.35%
1 Month2.47%
3 Month1.23%
6 Month-0.53%
12 Month22.61%
2 Year89.57%
3 Year116.51%
5 Year270.15%
10 Year293.28%
15 YearN/A
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)-0.09
RSI(14)52.45
LBB135.57
UBB144.78
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 |
|---|---|---|---|
| 141.12 | 136.86 | 4.26 (3.02%) | 25.00% |
| An entry @141.12. This is a Buy Stop order right above the resistance zone. | An exit @136.86. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 4.26 points, which is 3.02%. | For a 0.76% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of BCC. Please evaluate whether better entry and exit points can be found.
- 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.
BOISE CASCADE CO
NYSE:BCC (11/21/2024, 8:14:20 PM)
After market: 140.36 0 (0%)140.36
+2.95 (+2.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg2.15%
1 Week0.01%
2 Weeks-0.35%
1 Month2.47%
3 Month1.23%
6 Month-0.53%
12 Month22.61%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)4.85
ATR(20)%3.46%
ATR Inc
Range Today4.55
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 High145.5
10 Day Low136.87
20 Day High146.58
20 Day Low125.01
52 Week High154.67
52 Week Low106.38
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume246.00K
Volume Incr-31.1%
Vol(5)183.52K
Vol(50)304.68K