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.
BAFN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 7.89, a Stop Loss order could be placed below this zone.
7.81
When analyzing the support we notice one important area.
We can see 3 important resistance areas.
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 | DOWN | NEGATIVE | The short term trend for BAFN is down. |
| ChartMill Relative Strength | 12.19 | NEGATIVE | BAFN has a low relative strength, it was outperformed by 87.81% 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) | 32.27 | NEUTRAL | The RSI value for BAFN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BAFN has a positive trend. |
| Stochastics (14,3) | 1.18 | OVERSOLD | The low Stochastics value suggests BAFN may be oversold. |
| Average True Range in percent/ATR (20) | 3.66 | MEDIUM VOLATILITY | The ATR as a percentage value for BAFN suggests some volalility. |
| Average Directional Index/ADX (14) | 15.94 | NEGATIVE | The low ADX value for BAFN suggests a weak or negative trend. |
7.9
-0.03 (-0.38%)
ChartMill assigns a technical rating of 0 / 10 to BAFN.
The current trend direction for BAYFIRST FINANCIAL CORP (BAFN) is Bearish.
BAYFIRST FINANCIAL CORP (BAFN) has an RSI value of 32.2694. This indicates that the stock is currently neutral.
The MACD indicator for BAYFIRST FINANCIAL CORP (BAFN) has a value of 0.00654246, indicating a bearish trend.
The buy/sell signal for BAYFIRST FINANCIAL CORP (BAFN) is sell as both the short term and long term trends are negative.