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Education Services Industry Stocks Technical Analysis - BXPArchive - 5/10/2024 - Sign In to see current Signals. |
Boston Properties (BXP) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was a first positive week for the Boston Properties (BXP). During the week, the BXP gained 0.72 points, or 1.18%, and closed at 61.50 on Friday, May 10, 2024. Weekly volume was -51% below average. 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 38.66 and resistance is at 114.22. 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 73.97 on December 14, 2023. BXP gained -27.79 points, or -60.18%, in 37 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 54.05 and resistance is at 78.43. 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 technical indicators are neutral. The weekly MACD line is below its signal line since February 23, 2024. The distance between MACD and the signal line is low and getting smaller. Use the following link to access a MACD help. Short-term trend: [See BXP short-term trend chart] A short-term uptrend had started on May 1, 2024 at 56.80 and reached 62.54 on May 3, 2024. BXP gained -5.74 points, or -10.11%, in 2 days. The price is now at the 18.12% retracement level. Daily Technical Indicators: [See BXP daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since April 22, 2024. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term uptrend is getting stronger. During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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Daily Oscillators |
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Weekly Oscillators |
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Trading
Signals |
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Sector and
Industry |
Description |
Name |
Rank |
Sector |
Real Estate |
5 |
Industry |
Office REITs |
43 |
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Daily Trend |
Description |
Value |
Direction |
Up |
Chart Pattern |
Uptrend |
Low |
59.85 |
Low Date |
05/08/2024 |
High |
61.66 |
High Date |
05/10/2024 |
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Weekly Trend |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Uptrend |
Status |
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Resistance |
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Support |
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Low |
56.80 |
Low Date |
05/01/2024 |
High |
62.54 |
High Date |
05/03/2024 |
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Description |
Value |
Direction |
Down |
Chart Pattern |
Falling Wedge |
Status |
Broken Resistance |
Resistance |
60.23 |
Support |
56.29 |
High |
73.97 |
High Date |
12/14/2023 |
Low |
56.80 |
Low Date |
05/01/2024 |
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Quarterly Trend |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Broadening Ascending Wedge |
Status |
Valid |
Resistance |
78.43 |
Support |
54.05 |
Low |
46.18 |
Low Date |
03/24/2023 |
High |
73.97 |
High Date |
12/14/2023 |
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Description |
Value |
Direction |
Down |
Chart Pattern |
Falling Channel |
Status |
Valid |
Resistance |
114.22 |
Support |
38.66 |
High |
147.83 |
High Date |
02/19/2020 |
Low |
46.18 |
Low Date |
03/24/2023 |
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