B Communications Ltd (BCOM) Stock Technical Analysis
NASDAQ:BCOM - Nasdaq -
Taking everything into account, BCOM scores 8 out of 10 in our technical rating. 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: BCOM has an average volume of 17947 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 BCOM is one of the better performing stocks in the market, outperforming 93% of all stocks.
BCOM 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 BCOM is lagging the market slightly.
In the last month BCOM has a been trading in the 1.92 - 2.60 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, BCOM also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 2.45. Right above this resistance zone may be a good entry point.
More info and screens
2.02
2.56
When analyzing the support we can see 2 important areas.
- Support @2.18 from a horizontal line in the daily time frame.
- Support @2.04 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 2.45 to 2.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.53 from a horizontal line 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
CRS93.35
Mansfield2.43
10 Day High2.6
10 Day Low1.92
20 Day High2.6
20 Day Low1.92
52 Week High2.73
52 Week Low0.52
Performance
1 Week-10.61%
2 Weeks-0.9%
1 Month1.39%
3 Month11.73%
6 Month114.66%
12 Month84.03%
2 YearN/A
3 YearN/A
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)-0.02
RSI(14)45.31
LBB2.13
UBB2.55
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 |
|---|---|---|---|
| 2.50 | 2.17 | 0.33 (13.20%) | 7.58% |
| An entry @2.50. This is a Buy Stop order right above the resistance zone. | An exit @2.17. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.33 points, which is 13.20%. | For a 1.00% total portfolio risk, you can invest 7.58% of your capital in this trade. |
- 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.
NASDAQ:BCOM (9/4/2020, 8:00:06 PM)
2.19
-0.04 (-1.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.71%
1 Week-10.61%
2 Weeks-0.9%
1 Month1.39%
3 Month11.73%
6 Month114.66%
12 Month84.03%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%8.64%
ATR Inc3.12%
Range Today0.21
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.35
Mansfield2.43
10 Day High2.6
10 Day Low1.92
20 Day High2.6
20 Day Low1.92
52 Week High2.73
52 Week Low0.52
CS1 End2.18
CR1 Start2.45
Volume & EV
DER(3)-8.33%
DER(5)-11.53%
Volume20.10K
Volume Incr72.05%
Vol(5)29.84K
Vol(50)17.95K