Logo image of BSFT

BROADSOFT INC (BSFT) Stock Technical Analysis

NASDAQ:BSFT - Nasdaq - US11133B4095

54.9  0 (0%)

Premarket: 54.95 +0.05 (+0.09%)

Technical Rating and Analysis

7

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

Both the short term and long term trends are positive. This is a very positive sign.
BSFT is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so BSFT is leading the market.
Looking at the yearly performance, BSFT did better than 76% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
In the last month BSFT has a been trading in a tight range between 54.60 and 55.00.
Weekly and Daily overview Charts
BROADSOFT INC / BSFT Weekly stock chart
BROADSOFT INC / BSFT Daily stock chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, BSFT 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 a resistance zone just above the current price starting at 54.93. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 54.87, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

53.79

55.64

When analyzing the support we notice one important area.

  • A support zone ranging from 54.33 to 54.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 54.93 to 55.09. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS76.18
Mansfield0.45
10 Day High55
10 Day Low54.9
20 Day High55
20 Day Low54.6
52 Week High55.05
52 Week Low33.85
Performance
1 Week-0.09%
2 Weeks-0.18%
1 Month0.46%
3 Month-0.09%
6 Month28.42%
12 Month27.67%
2 YearN/A
3 YearN/A
5 YearN/A
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)-0.01
RSI(14)52.41
LBB54.79
UBB55.05
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
54.9454.890.05 (0.09%)25.00%
An entry @54.94. This is a Buy Stop order right above the 10 day moving average.An exit @54.89. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.05 points, which is 0.09%.For a 0.02% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of BSFT. 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.
BROADSOFT INC / BSFT Daily stock chart

BROADSOFT INC

NASDAQ:BSFT (2/1/2018, 8:19:06 PM)

Premarket: 54.95 +0.05 (+0.09%)

54.9

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week-0.09%
2 Weeks-0.18%
1 Month0.46%
3 Month-0.09%
6 Month28.42%
12 Month27.67%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%0.25%
ATR Inc-20%
Range Today0.1
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.18
Mansfield0.45
10 Day High55
10 Day Low54.9
20 Day High55
20 Day Low54.6
52 Week High55.05
52 Week Low33.85
CS1 End54.87
CR1 Start54.93
Volume & EV
DER(3)-0.41%
DER(5)0.21%
Volume875.10K
Volume Incr7.74%
Vol(5)888.78K
Vol(50)983.73K