BUCKLE INC/THE (BKE)

US1184401065 - Common Stock

50.88  +0.48 (+0.95%)

After market: 50.88 0 (0%)

Technical Rating and Analysis

7

We assign a technical rating of 7 out of 10 to BKE. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BKE is only an average performer.

The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
BKE is one of the better performing stocks in the Specialty Retail industry, it outperforms 70% of 122 stocks in the same industry.
BKE 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 BKE is performing more or less in line with the market.
When comparing the yearly performance of all stocks, we notice that BKE is one of the better performing stocks in the market, outperforming 76% of all stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month BKE has a been trading in the 46.53 - 54.25 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
BKE Weekly chart
BKE Daily chart
Setup Rating and Analysis

7

BKE has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.

Support and Resistance Analysis

35.77

54.63

5 important support areas can be observed.

  • Support @49.63 from a horizontal line in the daily time frame.
  • A support zone ranging from 44.51 to 44.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @41.67 from a horizontal line in the daily time frame.
  • Support @38.29 from a trend line in the weekly time frame.
  • Support @36.13 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • Resistance @54.09 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
CRS76.14
Mansfield1.25
10 Day High54.14
10 Day Low49.21
20 Day High54.25
20 Day Low46.53
52 Week High54.25
52 Week Low34.87
Performance
1 Week-2.49%
2 Weeks-4.07%
1 Month6.78%
3 Month16.03%
6 Month37.29%
12 Month8.74%
2 Year12.19%
3 Year20.26%
5 Year88.17%
10 Year-3.12%
15 Year73.77%
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)-0.54
RSI(14)52.44
LBB49.86
UBB54.38
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
51.7049.622.08 (4.03%)24.84%
An entry @51.70. This is a Buy Stop order right above the 10 day moving average.An exit @49.62. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 2.08 points, which is 4.03%.When investing 24.84% 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 BKE. 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.
BKE Daily chart

BUCKLE INC/THE

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

After market: 50.88 0 (0%)

50.88

+0.48 (+0.95%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg0.95%
1 Week-2.49%
2 Weeks-4.07%
1 Month6.78%
3 Month16.03%
6 Month37.29%
12 Month8.74%
2 Year12.19%
3 Year20.26%
5 Year88.17%
10 Year-3.12%
15 Year73.77%
Volatility
ATR(14)1.54
ATR(20)%3.33%
ATR Inc-4.74%
Range Today1.62
ADR(20)1.61
ADR(20)%3.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.14
Mansfield1.25
10 Day High54.14
10 Day Low49.21
20 Day High54.25
20 Day Low46.53
52 Week High54.25
52 Week Low34.87
CS1 End49.63
CR1 Start54.09
Volume & EV
DER(3)2.07%
DER(5)2.83%
Volume1.81M
Volume Incr77.72%
Vol(5)751.26K
Vol(50)423.57K