AFFINITY BANCSHARES INC (AFBI) Stock Technical Analysis
NASDAQ:AFBI - Nasdaq - US00832E1038 - Common Stock - Currency: USD
Overall AFBI gets a technical rating of 3 out of 10. AFBI has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
AFBI is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AFBI is lagging the market.
Warning: AFBI has an average volume of 12458 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month AFBI has a been trading in the 17.75 - 19.00 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, AFBI outperforms 65% of them, which is more or less in line with the market.
AFBI is part of the Banks industry. There are 396 other stocks in this industry, AFBI did better than 40% of them.
Considerably lower volume is observed in the last couple of days.
The technical rating of AFBI is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
17.27
22.07
We found 2 important support areas.
- A support zone ranging from 17.95 to 18.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 17.44 to 17.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 18.43 to 18.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 19.80 to 19.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @21.85 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for AFBI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AFBI is neutral. |
| ChartMill Relative Strength | 65.16 | NEUTRAL | AFBI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AFBI is below a declining 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) | DOWN | NEGATIVE | The current price of AFBI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.38 | NEUTRAL | The RSI value for AFBI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests AFBI has a negative trend. |
| Stochastics (14,3) | 35.38 | NEUTRAL | The Stochastics value for AFBI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.41 | LOW VOLATILITY | The low ATR as a percentage value for AFBI suggests low volalility. |
| Average Directional Index/ADX (14) | 19.85 | NEGATIVE | The low ADX value for AFBI suggests a weak or negative trend. |
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)
NASDAQ:AFBI (5/23/2025, 9:12:04 PM)
18.32
-0.25 (-1.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.35%
1 Week-1.08%
2 Weeks-0.7%
1 Month-1.51%
3 Month-2.19%
6 Month-14.87%
12 Month6.94%
2 Year53.31%
3 Year24.12%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%1.41%
ATR Inc35.96%
Range Today0.27
ADR(20)0.23
ADR(20)%1.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.16
Mansfield-1.06
10 Day High19
10 Day Low18.25
20 Day High19
20 Day Low17.75
52 Week High22.5
52 Week Low16.87
CS1 End18.1
CR1 Start18.43
Volume & EV
DER(3)-4.75%
DER(5)-7.74%
Volume11.60K
Volume Incr-19.54%
Vol(5)5.54K
Vol(50)12.46K