|
|
Downtrend ExhaustionArchive
- 1/10/2025 -
Sign In to see current Signals. |
Boston Properties (BXP) Technical Analysis
|
 |
| Summary:
| | Weekly : | | Daily :
Move cursor over the icon to see details.
| | It was the negative week for the Boston Properties (BXP). During the week, the BXP dropped -6.76 points, or -9.02%, and closed at 68.15 on Friday, January 10, 2025. It was the worst weekly loss since November 1, 2024. Weekly volume was 21% above average.
BXP is a member of Real Estate Sector. Real Estate is the second most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See BXP long-term trend chart]
A long-term downtrend had started on February 19, 2020 at 147.83 and reached 46.18 on March 24, 2023. BXP lost 101.65 points, or 68.76%, in 161 weeks. The chart has formed a Falling Channel chart pattern. The trend support level is at 33.17 and resistance is at 108.73. A Falling Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern in a long-term trend.
 Medium-term trend: [See BXP medium-term trend chart]
A medium-term uptrend had started on March 24, 2023 at 46.18 and reached 90.11 on October 18, 2024. BXP gained -43.93 points, or -95.13%, in 82 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 61.40 and resistance is at 93.54. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.
 Weekly Technical Indicators: [See BXP weekly technical indicators chart]
Weekly Lane's Stochastic is oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold weekly Lane's Stochastic or strongly oversold weekly Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.
The weekly MACD line is below its signal line since November 15, 2024. The distance between MACD and the signal line is near its high and getting bigger. Use the following link to access a MACD help.
 Short-term trend: [See BXP short-term trend chart]
A short-term downtrend had started on December 16, 2024 at 81.59 and reached 67.39 on January 10, 2025. BXP lost 14.20 points, or 17.40%, in 25 days. The price is now at the 5.35% retracement level.
Daily Technical Indicators: [See BXP daily technical indicators chart]
Daily Lane's Stochastic is oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Lane's Stochastic or strongly oversold daily Williams' Percentage Range. Daily MACD has bullish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with daily MACD bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal.
The daily MACD line is below its signal line since December 12, 2024. This is an indication that the short-term trend is down.
| |
|
|