BAYFIRST FINANCIAL CORP (BAFN) Technical Analysis
NASDAQ:BAFN • US07279B1044
Current stock price
BAFN Technical Rating and Analysis
Overall BAFN gets a technical rating of 0 out of 10. BAFN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 95% of all other stocks performed better in the past year than BAFN.
- BAFN is one of the lesser performing stocks in the Banks industry. 94% of 381 stocks in the same industry do better.
- BAFN 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 BAFN is lagging the market.
- Warning: BAFN has an average volume of 17708 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month BAFN has a been trading in the 4.80 - 7.25 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
BAFN Weekly and Daily overview Charts
BAFN Setup Rating and Analysis
BAFN has a poor technical rating and the quality of the setup is also not perfect 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
BAFN Support and Resistance Analysis
5.71
3 important resistance areas can be observed.
- Resistance @6.02 from a horizontal line in the daily time frame.
- A resistance zone ranging from 6.26 to 6.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 6.76 to 6.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
BAFN Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for BAFN is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BAFN is neutral. |
| ChartMill Relative Strength | 5.74 | NEGATIVE | BAFN has a low relative strength, it was outperformed by 94.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BAFN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BAFN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BAFN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.02 | NEUTRAL | The RSI value for BAFN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests BAFN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 41.44 | NEUTRAL | The Stochastics value for BAFN is a neutral value. |
| Average True Range in percent/ATR (20) | 9.07 | HIGH VOLATILITY | The high ATR as a percentage value for BAFN suggests high volalility. |
| Average Directional Index/ADX (14) | 25.25 | POSITIVE | The high ADX value value for BAFN suggests a strong trend. |
BAFN Chart- and CandleStick Pattern Analysis
BAFN Technicals: Chart, Performance Metrics, Trend & Indicators
5.77
-0.24 (-3.99%)
BAYFIRST FINANCIAL CORP / BAFN TA FAQ
What is the technical rating for BAFN stock?
ChartMill assigns a technical rating of 0 / 10 to BAFN.
What is the current trend direction of BAYFIRST FINANCIAL CORP (BAFN) stock?
The current trend direction for BAYFIRST FINANCIAL CORP (BAFN) is Bearish.
What is the RSI signal for BAYFIRST FINANCIAL CORP (BAFN) stock?
BAYFIRST FINANCIAL CORP (BAFN) has an RSI value of 43.016. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BAYFIRST FINANCIAL CORP?
The MACD indicator for BAYFIRST FINANCIAL CORP (BAFN) has a value of -0.0437866, indicating a bearish trend.
What is the short term momentum for BAFN stock?
The short term momentum for BAYFIRST FINANCIAL CORP (BAFN) is neutral.