BJ'S WHOLESALE CLUB HOLDINGS (BJ) Stock Technical Analysis
NYSE:BJ - New York Stock Exchange, Inc. - US05550J1016 - Common Stock - Currency: USD
Taking everything into account, BJ scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BJ is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that BJ is one of the better performing stocks in the market, outperforming 95% of all stocks. On top of that, BJ also shows a nice and consistent pattern of rising prices.
BJ is part of the Consumer Staples Distribution & Retail industry. There are 40 other stocks in this industry. BJ outperforms 87% of them.
BJ is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
In the last month BJ has a been trading in the 106.71 - 121.10 range, which is quite wide. It is currently trading near the high of this range.
BJ has an average volume of 2142320 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
BJ has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 118.46. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 116.27, a Stop Loss order could be placed below this zone.
More info and screens
88.65
121.14
5 important support areas can be observed.
- A support zone ranging from 114.52 to 116.27. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @111.99 from a horizontal line in the daily time frame.
- A support zone ranging from 109.04 to 109.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @97.86 from a trend line in the weekly time frame.
- Support @89.55 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 118.46 to 119.94. 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
CRS95.93
Mansfield3.74
10 Day High121.1
10 Day Low110.5
20 Day High121.1
20 Day Low106.71
52 Week High121.1
52 Week Low73.01
Performance
1 Week0.98%
2 Weeks-0.03%
1 Month9.04%
3 Month24.62%
6 Month34.89%
12 Month60.63%
2 Year55.1%
3 Year84.07%
5 Year350.21%
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)0.05
RSI(14)59.9
LBB111.55
UBB120.61
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 |
|---|---|---|---|
| 119.95 | 114.51 | 5.44 (4.54%) | 22.05% |
| An entry @119.95. This is a Buy Stop order right above the resistance zone. | An exit @114.51. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 5.44 points, which is 4.54%. | When investing 22.05% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of BJ. 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.
118.45
+2.62 (+2.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg2.26%
1 Week0.98%
2 Weeks-0.03%
1 Month9.04%
3 Month24.62%
6 Month34.89%
12 Month60.63%
2 Year55.1%
3 Year84.07%
5 Year350.21%
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.3
ATR(20)%3.19%
ATR Inc-4.23%
Range Today3.72
ADR(20)3.78
ADR(20)%3.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.93
Mansfield3.74
10 Day High121.1
10 Day Low110.5
20 Day High121.1
20 Day Low106.71
52 Week High121.1
52 Week Low73.01
CS1 End116.27
CR1 Start118.46
Volume & EV
DER(3)-2.84%
DER(5)-0.24%
Volume1.88M
Volume Incr-13.04%
Vol(5)1.96M
Vol(50)2.14M