BGC GROUP INC-A (BGC) Stock Technical Analysis
NASDAQ:BGC - Nasdaq - US0889291045 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to BGC. BGC has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
BGC is one of the better performing stocks in the Capital Markets industry, it outperforms 76% of 227 stocks in the same industry.
In the last month BGC has a been trading in the 7.24 - 9.55 range, which is quite wide. It is currently trading near the high of this range.
BGC has an average volume of 3104420 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Looking at the yearly performance, BGC did better than 70% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
BGC 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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although the technical rating is bad, BGC does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 8.60, a Stop Loss order could be placed below this zone.
More info and screens
7.63
10.01
3 important support areas can be observed.
- A support zone ranging from 8.54 to 8.60. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @8.25 from a horizontal line in the daily time frame.
- A support zone ranging from 7.71 to 7.94. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @9.12 from a trend line in the weekly time frame.
- Resistance @9.45 from a trend line in the daily time frame.
- Resistance @9.62 from a horizontal line in the daily time frame.
- A resistance zone ranging from 9.90 to 9.91. 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
CRS70.87
Mansfield0.09
10 Day High9.05
10 Day Low8.01
20 Day High9.55
20 Day Low7.24
52 Week High11.79
52 Week Low7.24
Performance
1 Week6.74%
2 Weeks11.21%
1 Month-4.95%
3 Month-4.75%
6 Month-1.42%
12 Month8.8%
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)0.1
RSI(14)55.35
LBB7.62
UBB9.19
9.03
+0.1 (+1.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg1.12%
1 Week6.74%
2 Weeks11.21%
1 Month-4.95%
3 Month-4.75%
6 Month-1.42%
12 Month8.8%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.45
ATR(20)%5.08%
ATR Inc-55.88%
Range Today0.16
ADR(20)0.41
ADR(20)%4.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.87
Mansfield0.09
10 Day High9.05
10 Day Low8.01
20 Day High9.55
20 Day Low7.24
52 Week High11.79
52 Week Low7.24
CS1 End8.6
CR1 Start9.12
Volume & EV
DER(3)1.33%
DER(5)-0.01%
Volume1.67M
Volume Incr-15.3%
Vol(5)2.59M
Vol(50)3.10M