BJ'S WHOLESALE CLUB HOLDINGS (BJ)

US05550J1016 - Common Stock

85.7  -0.63 (-0.73%)

Premarket: 89 +3.3 (+3.85%)

Technical Rating and Analysis

7

We assign a technical rating of 7 out of 10 to BJ. In the last year, BJ was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.

In the last month BJ has a been trading in the 83.92 - 91.28 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that BJ is one of the better performing stocks in the market, outperforming 72% of all stocks.
BJ is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BJ is lagging the market slightly.
BJ has an average volume of 1264500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
BJ is an average performer in the Consumer Staples Distribution & Retail industry, it outperforms 62% of 41 stocks in the same industry.
Weekly and Daily overview Charts
BJ Weekly chart
BJ Daily chart
Setup Rating and Analysis

7

BJ has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 90.01. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for BJ in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

64.11

92.29

4 important support areas can be observed.

  • Support @81.20 from a trend line in the weekly time frame.
  • A support zone ranging from 78.53 to 79.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 76.83 to 76.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @64.76 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 90.01 to 91.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.87
Mansfield-0.23
10 Day High91.28
10 Day Low83.92
20 Day High91.28
20 Day Low83.92
52 Week High92.37
52 Week Low63.73
Performance
1 Week-3.13%
2 Weeks-3.95%
1 Month0.14%
3 Month3.54%
6 Month-2.77%
12 Month29.36%
2 Year13.9%
3 Year29.55%
5 Year261.6%
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)-0.36
RSI(14)44.61
LBB84.88
UBB90.76
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
87.9983.914.08 (4.64%)21.55%
An entry @87.99. This is a Buy Stop order right above the 10 day moving average.An exit @83.91. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 4.08 points, which is 4.64%.For a 1.00% total portfolio risk, you can invest 21.55% 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.
BJ Daily chart

BJ'S WHOLESALE CLUB HOLDINGS

NYSE:BJ (11/20/2024, 8:09:37 PM)

Premarket: 89 +3.3 (+3.85%)

85.7

-0.63 (-0.73%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg-0.73%
1 Week-3.13%
2 Weeks-3.95%
1 Month0.14%
3 Month3.54%
6 Month-2.77%
12 Month29.36%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.22
ATR(20)%2.29%
ATR Inc
Range Today1.9
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 High91.28
10 Day Low83.92
20 Day High91.28
20 Day Low83.92
52 Week High92.37
52 Week Low63.73
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.97M
Volume Incr70.56%
Vol(5)1.69M
Vol(50)1.26M