NYSEARCA:BIDD - NYSE Arca - US09290C8486 - ETF - Currency: USD
We assign a technical rating of 6 out of 10 to BIDD. In the last year, BIDD was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
BIDD has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
24.27
2 important support areas can be observed.
When analyzing the resistance we notice one important area.
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 |
---|---|---|---|
26.98 | 26.36 | 0.62 (2.30%) | 25.00% |
An entry @26.98. This is a Buy Stop order right above the resistance zone. | An exit @26.36. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.62 points, which is 2.30%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.57%. |
NYSEARCA:BIDD (3/7/2025, 8:07:32 PM)
26.96
+0.36 (+1.35%)