BUSINESS FIRST BANCSHARES (BFST)
US12326C1053 - Common Stock
Taking everything into account, BFST scores 4 out of 10 in our technical rating. Although BFST is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
BFST is one of the better performing stocks in the Banks industry, it outperforms 80% of 411 stocks in the same industry.
In the last month BFST has a been trading in the 20.32 - 21.86 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the yearly performance of all stocks, we notice that BFST is one of the better performing stocks in the market, outperforming 82% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
BFST is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BFST is lagging the market.
BFST has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 21.57. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 21.42, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
19.61
24.91
3 important support areas can be observed.
- A support zone ranging from 21.04 to 21.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.15 to 20.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @19.81 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @21.57 from a horizontal line in the daily time frame.
- A resistance zone ranging from 22.43 to 22.50. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 24.59 to 24.66. This zone is formed by a combination of multiple trend lines in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.41
Mansfield-0.64
10 Day High21.86
10 Day Low20.32
20 Day High21.86
20 Day Low20.32
52 Week High25.57
52 Week Low14.39
Performance
1 Week2.29%
2 Weeks0.47%
1 Month2.63%
3 Month-2.01%
6 Month1.95%
12 Month36.71%
2 Year-3.07%
3 Year-12.09%
5 Year-12.52%
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)-0.02
RSI(14)53.68
LBB20.59
UBB21.83
BUSINESS FIRST BANCSHARES
NASDAQ:BFST (5/31/2024, 7:25:38 PM)
After market: 21.45 0 (0%)21.45
+0.36 (+1.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.71%
1 Week2.29%
2 Weeks0.47%
1 Month2.63%
3 Month-2.01%
6 Month1.95%
12 Month36.71%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.47
ATR(20)%2.16%
ATR Inc
Range Today0.42
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High21.86
10 Day Low20.32
20 Day High21.86
20 Day Low20.32
52 Week High25.57
52 Week Low14.39
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume119.70K
Volume Incr0.89%
Vol(5)56.92K
Vol(50)51.00K