Wells Fargo Bus Dev Comp ETN (BDCS) Stock Technical Analysis
NYSEARCA:BDCS - NYSE Arca -
Overall BDCS gets a technical rating of 7 out of 10. Although BDCS is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
When comparing the yearly performance of all stocks, BDCS is a bad performer in the overall market: 89% of all stocks are doing better.
Warning: BDCS has an average volume of 8518 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
BDCS 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.
BDCS is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Besides having an excellent technical rating, BDCS also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 15.23. Right above this resistance zone may be a good entry point.
More info and screens
13.08
20.43
4 important support areas can be observed.
- A support zone ranging from 15.06 to 15.10. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 14.29 to 14.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 13.71 to 13.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 13.21 to 13.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 15.23 to 15.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @15.68 from a horizontal line in the daily time frame.
- Resistance @20.23 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.18
Mansfield-1.33
10 Day High15.35
10 Day Low14.65
20 Day High15.35
20 Day Low13.14
52 Week High20.66
52 Week Low8.5
Performance
1 Week-0.07%
2 Weeks1.77%
1 Month14.56%
3 Month6.36%
6 Month9.21%
12 Month-24.65%
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)0.07
RSI(14)65.35
LBB14.32
UBB15.56
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 |
|---|---|---|---|
| 15.25 | 15.05 | 0.20 (1.31%) | 25.00% |
| An entry @15.25. This is a Buy Stop order right above the resistance zone. | An exit @15.05. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.20 points, which is 1.31%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.33%. |
- The distance between exit and entry is rather small compared to the average daily movement of BDCS. 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.
NYSEARCA:BDCS (11/25/2020, 8:04:01 PM)
15.225
+0 (+0.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.03%
1 Week-0.07%
2 Weeks1.77%
1 Month14.56%
3 Month6.36%
6 Month9.21%
12 Month-24.65%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%2%
ATR Inc-76.31%
Range Today0.09
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
CRS11.18
Mansfield-1.33
10 Day High15.35
10 Day Low14.65
20 Day High15.35
20 Day Low13.14
52 Week High20.66
52 Week Low8.5
CS1 End15.1
CR1 Start15.23
Volume & EV
DER(3)1.27%
DER(5)-1.59%
Volume14.90K
Volume Incr171.84%
Vol(5)22.40K
Vol(50)8.52K