BALCHEM CORP (BCPC)
US0576652004 - Common Stock
We assign a technical rating of 10 out of 10 to BCPC. Both in the recent history as in the last year, BCPC has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that BCPC is one of the better performing stocks in the market, outperforming 81% of all stocks. We also observe that the gains produced by BCPC over the past year are nicely spread over this period.
BCPC is part of the Chemicals industry. There are 85 other stocks in this industry. BCPC outperforms 86% of them.
BCPC 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.
In the last month BCPC has a been trading in the 166.36 - 185.32 range, which is quite wide. It is currently trading near the high of this range.
Besides having an excellent technical rating, BCPC also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 182.45. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 181.56, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
138.43
185.25
We found 5 important support areas.
- A support zone ranging from 173.85 to 181.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 170.54 to 170.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 166.15 to 167.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @162.65 from a horizontal line in the daily time frame.
- Support @139.83 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 182.45 to 183.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.74
Mansfield0.28
10 Day High182.82
10 Day Low174.8
20 Day High185.32
20 Day Low166.36
52 Week High186.03
52 Week Low120.87
Performance
1 Week2.63%
2 Weeks1.74%
1 Month6.4%
3 Month5.62%
6 Month19.23%
12 Month48.37%
2 Year29.57%
3 Year15.47%
5 Year83.12%
10 Year180.68%
15 Year758.41%
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)0.38
RSI(14)63.09
LBB174.18
UBB183.22
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 |
|---|---|---|---|
| 183.43 | 174.79 | 8.64 (4.71%) | 21.23% |
| An entry @183.43. This is a Buy Stop order right above the resistance zone. | An exit @174.79. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 8.64 points, which is 4.71%. | For a 1.00% total portfolio risk, you can invest 21.23% 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.
BALCHEM CORP
NASDAQ:BCPC (11/22/2024, 8:25:22 PM)
After market: 182.44 0 (0%)182.44
+2.13 (+1.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg1.18%
1 Week2.63%
2 Weeks1.74%
1 Month6.4%
3 Month5.62%
6 Month19.23%
12 Month48.37%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)4.55
ATR(20)%2.27%
ATR Inc
Range Today2.73
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High182.82
10 Day Low174.8
20 Day High185.32
20 Day Low166.36
52 Week High186.03
52 Week Low120.87
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume130.40K
Volume Incr-38.33%
Vol(5)92.18K
Vol(50)124.55K