Logo image of BCIM

ABRDN BLOOMBERG INDUSTRIAL M (BCIM) Stock Technical Analysis

NYSEARCA:BCIM - NYSE Arca - US0032616098 - ETF - Currency: USD

21.5705  -0.24 (-1.1%)

Technical Rating and Analysis

5

Overall BCIM gets a technical rating of 5 out of 10. BCIM has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.

BCIM is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
Warning: BCIM has an average volume of 12430 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When compared to the yearly performance of all other stocks, BCIM outperforms 42% of them, which is more or less in line with the market.
In the last month BCIM has a been trading in a tight range between 20.80 and 21.84.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
ABRDN BLOOMBERG INDUSTRIAL M / BCIM Weekly stock chart
ABRDN BLOOMBERG INDUSTRIAL M / BCIM Daily stock chart
Setup Rating and Analysis

3

BCIM has an average technical rating and it also does not offer a high 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

19.60

24.75

2 important support areas can be observed.

  • A support zone ranging from 20.73 to 21.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 19.80 to 20.14. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 3 important resistance areas.

  • Resistance @21.81 from a horizontal line in the daily time frame.
  • Resistance @22.77 from a trend line in the weekly time frame.
  • A resistance zone ranging from 24.13 to 24.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS42.48
Mansfield-0.75
10 Day High21.84
10 Day Low20.81
20 Day High21.84
20 Day Low20.81
52 Week High26.79
52 Week Low19.77
Performance
1 Week3.53%
2 Weeks1.53%
1 Month3.28%
3 Month-6.32%
6 Month-0.09%
12 Month0.89%
2 Year-10.63%
3 Year-31.57%
5 YearN/A
10 YearN/A
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)0.06
RSI(14)58.99
LBB20.62
UBB21.78
ABRDN BLOOMBERG INDUSTRIAL M / BCIM Daily stock chart

ABRDN BLOOMBERG INDUSTRIAL M

NYSEARCA:BCIM (3/7/2025, 8:06:57 PM)

21.5705

-0.24 (-1.1%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.1%
1 Week3.53%
2 Weeks1.53%
1 Month3.28%
3 Month-6.32%
6 Month-0.09%
12 Month0.89%
2 Year-10.63%
3 Year-31.57%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%1.04%
ATR Inc12.31%
Range Today0.1
ADR(20)0.11
ADR(20)%0.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.48
Mansfield-0.75
10 Day High21.84
10 Day Low20.81
20 Day High21.84
20 Day Low20.81
52 Week High26.79
52 Week Low19.77
CS1 End21.26
CR1 Start21.81
Volume & EV
DER(3)-0.42%
DER(5)-0.25%
Volume1.20K
Volume Incr-83.23%
Vol(5)3.20K
Vol(50)12.43K