BRIGHTCOVE (BCOV)

US10921T1016 - Common Stock

4.37  +0.01 (+0.23%)

After market: 4.39 +0.02 (+0.46%)

Technical Rating and Analysis

10

Overall BCOV gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BCOV is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that BCOV is one of the better performing stocks in the market, outperforming 95% of all stocks.
BCOV is one of the better performing stocks in the IT Services industry, it outperforms 91% of 83 stocks in the same industry.
BCOV is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
BCOV 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.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
In the last month BCOV has a been trading in a tight range between 4.31 and 4.40.
Weekly and Daily overview Charts
BCOV Weekly chart
BCOV Daily chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, BCOV also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 4.39. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.36, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

1.98

4.45

3 important support areas can be observed.

  • A support zone ranging from 4.32 to 4.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 2.21 to 2.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @2.00 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 4.39 to 4.41. 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
CRS95.6
Mansfield6.4
10 Day High4.4
10 Day Low4.32
20 Day High4.4
20 Day Low4.31
52 Week High4.4
52 Week Low1.55
Performance
1 Week0.23%
2 Weeks0.69%
1 Month0.92%
3 Month87.55%
6 Month67.43%
12 Month83.61%
2 Year-31.07%
3 Year-53.66%
5 Year-49.54%
10 Year-38.97%
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)78.19
LBB4.32
UBB4.39
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
4.424.310.11 (2.60%)25.00%
An entry @4.42. This is a Buy Stop order right above the resistance zone.An exit @4.31. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.11 points, which is 2.60%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.65%.

  • 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.
BCOV Daily chart

BRIGHTCOVE

NASDAQ:BCOV (1/6/2025, 7:17:53 PM)

After market: 4.39 +0.02 (+0.46%)

4.37

+0.01 (+0.23%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg0.23%
1 Week0.23%
2 Weeks0.69%
1 Month0.92%
3 Month87.55%
6 Month67.43%
12 Month83.61%
2 Year-31.07%
3 Year-53.66%
5 Year-49.54%
10 Year-38.97%
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%0.87%
ATR Inc10.89%
Range Today0.04
ADR(20)0.04
ADR(20)%0.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.6
Mansfield6.4
10 Day High4.4
10 Day Low4.32
20 Day High4.4
20 Day Low4.31
52 Week High4.4
52 Week Low1.55
CS1 End4.36
CR1 Start4.39
Volume & EV
DER(3)-7.92%
DER(5)-3.95%
Volume637.93K
Volume Incr183.8%
Vol(5)1.01M
Vol(50)691.05K