BAYCOM CORP (BCML) Stock Technical Analysis
NASDAQ:BCML - Nasdaq - US07272M1071 - Common Stock - Currency: USD
Overall BCML gets a technical rating of 8 out of 10. In the last year, BCML was one of the better performers, but we do observe some doubts in the very recent evolution.
Warning: BCML has an average volume of 29444 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that BCML is one of the better performing stocks in the market, outperforming 84% of all stocks. On top of that, BCML also shows a nice and consistent pattern of rising prices.
BCML is part of the Banks industry. There are 405 other stocks in this industry. BCML outperforms 80% of them.
BCML 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 BCML is lagging the market slightly.
BCML is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
Besides having an excellent technical rating, BCML also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.
More info and screens
18.71
30.01
4 important support areas can be observed.
- A support zone ranging from 25.94 to 25.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 24.76 to 24.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @21.43 from a trend line in the weekly time frame.
- Support @18.90 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @28.99 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 29.71 to 29.71. 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
CRS84.99
Mansfield1.07
10 Day High29.47
10 Day Low27.39
20 Day High29.47
20 Day Low26.41
52 Week High30.13
52 Week Low18.54
Performance
1 Week-1.95%
2 Weeks-4.95%
1 Month2.98%
3 Month-2.74%
6 Month19.44%
12 Month39.93%
2 Year34.68%
3 Year23.11%
5 Year29.75%
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)47.49
LBB27.26
UBB29.46
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 |
|---|---|---|---|
| 28.33 | 27.38 | 0.95 (3.36%) | 25.00% |
| An entry @28.33. This is a Buy Stop order right above the 10 day moving average. | An exit @27.38. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.95 points, which is 3.36%. | For a 0.84% 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 BCML. 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.
27.65
-0.15 (-0.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.54%
1 Week-1.95%
2 Weeks-4.95%
1 Month2.98%
3 Month-2.74%
6 Month19.44%
12 Month39.93%
2 Year34.68%
3 Year23.11%
5 Year29.75%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.82
ATR(20)%2.94%
ATR Inc6.94%
Range Today0.81
ADR(20)0.78
ADR(20)%2.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.99
Mansfield1.07
10 Day High29.47
10 Day Low27.39
20 Day High29.47
20 Day Low26.41
52 Week High30.13
52 Week Low18.54
CS1 End25.94
CR1 Start28.99
Volume & EV
DER(3)0.24%
DER(5)0.47%
Volume20.40K
Volume Incr-45.74%
Vol(5)14.26K
Vol(50)29.44K