BRIDGES CAPITAL TACT ETF (BDGS) Stock Technical Analysis
NASDAQ:BDGS - Nasdaq - US02072L4749 - ETF - Currency: USD
We assign a technical rating of 6 out of 10 to BDGS. In the past year, BDGS was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
BDGS has only a medium technical rating, but it does show 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 31.77. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 31.30, 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
29.14
2 important support areas can be observed.
- A support zone ranging from 30.76 to 31.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 29.43 to 30.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Strong resistance @31.77 from a horizontal line in the daily time frame.
- A resistance zone ranging from 32.40 to 32.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 |
|---|---|---|---|
| 31.78 | 30.75 | 1.03 (3.24%) | 25.00% |
| An entry @31.78. This is a Buy Stop order right above the resistance zone. | An exit @30.75. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.03 points, which is 3.24%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.81%. |
- 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:BDGS (4/25/2025, 8:00:01 PM)
31.4011
+0.15 (+0.48%)