Logo image of BCIM

ABRDN BLOOMBERG INDUSTRIAL M (BCIM) Stock Technical Analysis

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

20.8554  -0.04 (-0.2%)

Technical Rating and Analysis

1

Taking everything into account, BCIM scores 1 out of 10 in our technical rating. BCIM has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
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 8632 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month BCIM has a been trading in the 18.90 - 21.63 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, BCIM outperforms 41% of them, which is more or less in line with the market.
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

6

BCIM has a poor technical rating and the quality of the setup is also 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.

Support and Resistance Analysis

19.59

22.67

2 important support areas can be observed.

  • A support zone ranging from 20.14 to 20.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @19.79 from a horizontal line in the weekly time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 20.89 to 21.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 21.97 to 22.45. 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
CRS41.22
Mansfield-0.49
10 Day High21.09
10 Day Low20.08
20 Day High21.63
20 Day Low18.9
52 Week High26.79
52 Week Low18.9
Performance
1 Week0.6%
2 Weeks2.51%
1 Month-3.96%
3 Month3.14%
6 Month-10.65%
12 Month-13.84%
2 Year-10.71%
3 Year-29.09%
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)0.12
RSI(14)51.02
LBB19.57
UBB21.31
ABRDN BLOOMBERG INDUSTRIAL M / BCIM Daily stock chart

ABRDN BLOOMBERG INDUSTRIAL M

NYSEARCA:BCIM (4/29/2025, 8:04:01 PM)

20.8554

-0.04 (-0.2%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.2%
1 Week0.6%
2 Weeks2.51%
1 Month-3.96%
3 Month3.14%
6 Month-10.65%
12 Month-13.84%
2 Year-10.71%
3 Year-29.09%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.29
ATR(20)%1.73%
ATR Inc-63.14%
Range Today0.09
ADR(20)0.22
ADR(20)%1.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.22
Mansfield-0.49
10 Day High21.09
10 Day Low20.08
20 Day High21.63
20 Day Low18.9
52 Week High26.79
52 Week Low18.9
CS1 End20.65
CR1 Start20.89
Volume & EV
DER(3)-1.15%
DER(5)-2.37%
Volume1.20K
Volume Incr-23.82%
Vol(5)5.98K
Vol(50)8.63K