BJ'S WHOLESALE CLUB HOLDINGS (BJ)

US05550J1016 - Common Stock

93.77  -0.23 (-0.24%)

After market: 93.77 0 (0%)

Technical Rating and Analysis

10

Overall BJ gets a technical rating of 10 out of 10. 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.

In the last month BJ has a been trading in the 93.00 - 100.74 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.
Looking at the yearly performance, BJ did better than 88% of all other stocks. We also observe that the gains produced by BJ over the past year are nicely spread over this period.
BJ is part of the Consumer Staples Distribution & Retail industry. There are 43 other stocks in this industry. BJ outperforms 71% of them.
BJ is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so BJ is performing more or less in line with the market.
BJ has an average volume of 1498120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
BJ Weekly chart
BJ Daily chart
Setup Rating and Analysis

6

BJ has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 93.76, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

78.36

100.75

We found 5 important support areas.

  • A support zone ranging from 93.76 to 93.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @89.21 from a trend line in the daily time frame.
  • Support @85.36 from a horizontal line in the daily time frame.
  • Support @82.79 from a trend line in the weekly time frame.
  • A support zone ranging from 79.15 to 80.08. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 2 important resistance areas.

  • A resistance zone ranging from 96.61 to 97.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @99.75 from a horizontal line in the daily time frame.
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
CRS88.79
Mansfield0.56
10 Day High100.74
10 Day Low93
20 Day High100.74
20 Day Low93
52 Week High100.74
52 Week Low64.06
Performance
1 Week-3.87%
2 Weeks-1.91%
1 Month1.06%
3 Month15.78%
6 Month5.97%
12 Month41.67%
2 Year41.73%
3 Year40.02%
5 Year312.36%
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)-0.73
RSI(14)48.11
LBB93.14
UBB99.95
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
96.6693.752.91 (3.01%)25.00%
An entry @96.66. This is a Buy Stop order right above the 10 day moving average.An exit @93.75. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 2.91 points, which is 3.01%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.75%.

  • 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.
BJ Daily chart

BJ'S WHOLESALE CLUB HOLDINGS

NYSE:BJ (12/20/2024, 8:04:00 PM)

After market: 93.77 0 (0%)

93.77

-0.23 (-0.24%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg-0.24%
1 Week-3.87%
2 Weeks-1.91%
1 Month1.06%
3 Month15.78%
6 Month5.97%
12 Month41.67%
2 Year41.73%
3 Year40.02%
5 Year312.36%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.34
ATR(20)%2.57%
ATR Inc17.68%
Range Today2.07
ADR(20)2.33
ADR(20)%2.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.79
Mansfield0.56
10 Day High100.74
10 Day Low93
20 Day High100.74
20 Day Low93
52 Week High100.74
52 Week Low64.06
CS1 End93.76
CR1 Start96.61
Volume & EV
DER(3)2.79%
DER(5)2.64%
Volume2.89M
Volume Incr-2.48%
Vol(5)1.90M
Vol(50)1.50M