Red List

BJBJs Wholesale Club Holdings, Inc.

8.3σ
decline sigma — volatility-normalized move (typical daily 1.46%)
Current
$91.30
Decline depth
Decline σ
8.3σ
TFC
0/5 bearish
Rolling 252-day high Up day Down day Last 90 trading days · data from Alpaca

Since it joined the list

$BJ landed on the list 2026-03-08, down 21.1% from its 52-week high that day — now $91.30.

It has clawed back 0.7 percentage points off that level. It bottomed 30.8% below that high along the way.

Decline from the 52-week high as it stood on 2026-03-09 (fixed anchor) → today. Split-adjusted, Alpaca. Observed history, not a forecast.

Structural break signals

BJ qualifies for the Red List on decline sigma.

Decline depth
Not currently in the rolling-252-day ≥20% decline universe.
Time-frame continuity
0/5 bearish
Latest bar across daily/weekly/monthly/quarterly/yearly time frames. A bar counts as bearish when it's a 2-Down or a red 3.
Decline sigma
8.3σ
Drop from local high over the last 20 bars, expressed in units of the stock's typical daily volatility (1.46% per day). Past the ≥8σ Red List threshold — an extreme move.

The structural read

What price action says about BJ.

BJ qualifies for the Red List on decline sigma — the recent drop measures 8.3σ over a 20-bar window. Sigma scales the move by the stock's own typical daily volatility, so a small percentage drop in a normally-quiet name can land here when the bigger players miss it on a pure-percent threshold.

Upstream TFC read: weak alignment, current phase daily. Last bar types — daily 2D (green), weekly 2D (red), monthly 1 (red).

Questions about BJ

What people ask.

Why is BJ on Broken Stocks?

BJ qualifies for the Red List on decline sigma. The recent drop measures 8.3σ over a 20-bar window — large enough that even a small percentage drop is structurally significant given the stock's typical day-to-day volatility (1.46%).

Is BJ a falling knife?

BJ is on Broken Stocks for time-frame continuity or decline-sigma reasons rather than headline depth, so the falling-knife label doesn't cleanly apply. The phrase usually requires a meaningful percentage drop from a fresh high. See the structural break signals above for the axis that actually triggered the listing.

Is BJ a buy?

Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.

Where is BJ trading inside its 52-week range?

At $91.30, BJ sits 47.4% of the way from its 52-week low ($83.21) to its 52-week high ($100.26). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.