Overall AFBI gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, AFBI is only an average performer.
Although AFBI has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
17.92
4 important support areas can be observed.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for AFBI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AFBI is up. |
| ChartMill Relative Strength | 63.12 | NEUTRAL | AFBI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AFBI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AFBI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AFBI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 79.53 | OVERBOUGHT | The high RSI value suggests AFBI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests AFBI has a positive trend. |
| Stochastics (14,3) | 94.89 | OVERBOUGHT | The high Stochastics value suggests AFBI may be overbought. |
| Average True Range in percent/ATR (20) | 1.77 | LOW VOLATILITY | The low ATR as a percentage value for AFBI suggests low volalility. |
| Average Directional Index/ADX (14) | 42.08 | POSITIVE | The high ADX value value for AFBI suggests a strong trend. |
22.5
+1.83 (+8.85%)
ChartMill assigns a technical rating of 8 / 10 to AFBI.
The current trend direction for AFFINITY BANCSHARES INC (AFBI) is Bullish.
AFFINITY BANCSHARES INC (AFBI) has an RSI value of 79.5325. This indicates that the stock is currently overbought.
The MACD indicator for AFFINITY BANCSHARES INC (AFBI) has a value of 0.183191, indicating a bearish trend.
AFFINITY BANCSHARES INC (AFBI) has a support level at 20.07. Check the full technical report for our detailed analysis of AFBI support and resistance levels.