BANC OF CALIFORNIA INC (BANC) Stock Technical Analysis
NYSE:BANC - US05990K1060 - Common Stock
16.74 USD
+0.14 (+0.84%)
16.56 USD
-0.18 (-1.08%)
Overall BANC gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BANC is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
BANC is part of the Banks industry. There are 393 other stocks in this industry. BANC outperforms 78% of them.
BANC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BANC is lagging the market slightly.
In the last month BANC has a been trading in the 13.96 - 16.80 range, which is quite wide. It is currently trading near the high of this range.
BANC has an average volume of 2401550 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, BANC did better than 80% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although BANC 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.
More info and screens
12.39
16.91
When analyzing the support we can see 4 important areas.
- A support zone ranging from 15.56 to 15.68. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 14.65 to 15.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @14.37 from a horizontal line in the daily time frame.
- A support zone ranging from 12.52 to 12.68. This zone is formed by a combination of multiple trend lines in the weekly 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 | UP | POSITIVE | The long term trend for BANC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BANC is up. |
| ChartMill Relative Strength | 80.16 | POSITIVE | BANC has a high relative strength, it outperformed 80.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BANC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BANC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BANC is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 72.73 | OVERBOUGHT | The high RSI value suggests BANC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests BANC has a positive trend. |
| Stochastics (14,3) | 97.6 | OVERBOUGHT | The high Stochastics value suggests BANC may be overbought. |
| Average True Range in percent/ATR (20) | 2.15 | MEDIUM VOLATILITY | The ATR as a percentage value for BANC suggests some volalility. |
| Average Directional Index/ADX (14) | 28.37 | POSITIVE | The high ADX value value for BANC suggests a strong 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)
16.74
+0.14 (+0.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.84%
1 Week6.49%
2 Weeks7.03%
1 Month12.73%
3 Month22.01%
6 Month12.58%
12 Month17.72%
2 Year33.6%
3 Year-0.83%
5 Year52.32%
10 Year35.11%
15 YearN/A
Volatility
ATR(14)0.37
ATR(20)%2.15%
ATR Inc-9.56%
Range Today0.3
ADR(20)0.34
ADR(20)%2.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.16
Mansfield0.27
10 Day High16.8
10 Day Low15.35
20 Day High16.8
20 Day Low13.96
52 Week High18.08
52 Week Low11.52
CS1 End15.68
CR1 StartN/A
Volume & EV
DER(3)3.44%
DER(5)3.79%
Volume1.57M
Volume Incr1.16%
Vol(5)2.19M
Vol(50)2.40M