BANCFIRST CORP (BANF) Stock Technical Analysis
NASDAQ:BANF - Nasdaq - US05945F1030 - Common Stock - Currency: USD
Taking everything into account, BANF scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, BANF has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that BANF is one of the better performing stocks in the market, outperforming 89% of all stocks. We also observe that the gains produced by BANF over the past year are nicely spread over this period.
BANF is part of the Banks industry. There are 395 other stocks in this industry. BANF outperforms 88% of them.
BANF is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so BANF is performing more or less in line with the market.
In the last month BANF has a been trading in the 117.04 - 130.08 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BANF has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
79.88
131.27
When analyzing the support we can see 5 important areas.
- A support zone ranging from 122.86 to 122.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @103.77 from a trend line in the weekly time frame.
- Support @101.21 from a horizontal line in the daily time frame.
- Support @87.92 from a trend line in the weekly time frame.
- Support @80.69 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 124.80 to 126.27. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 128.91 to 129.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 BANF is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BANF is up. |
| ChartMill Relative Strength | 89.96 | POSITIVE | BANF has a high relative strength, it outperformed 89.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BANF is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BANF is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BANF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.12 | NEUTRAL | The RSI value for BANF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.85 | NEGATIVE | The MACD value suggests BANF has a negative trend. |
| Stochastics (14,3) | 40.19 | NEUTRAL | The Stochastics value for BANF is a neutral value. |
| Average True Range in percent/ATR (20) | 2.37 | MEDIUM VOLATILITY | The ATR as a percentage value for BANF suggests some volalility. |
| Average Directional Index/ADX (14) | 20.66 | NEUTRAL | The ADX value for BANF suggests a possible start of a new 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 126.28 | 122.85 | 3.43 (2.72%) | 25.00% |
| An entry @126.28. This is a Buy Stop order right above the resistance zone. | An exit @122.85. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.43 points, which is 2.72%. | For a 0.68% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of BANF. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
124.035
+0.31 (+0.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.25%
1 Week-1.49%
2 Weeks-3%
1 Month5.28%
3 Month3.92%
6 Month-1.78%
12 Month43.98%
2 Year46.67%
3 Year36.71%
5 Year225.38%
10 Year325.58%
15 Year525.02%
Volatility
ATR(14)3.09
ATR(20)%2.37%
ATR Inc16.08%
Range Today3.58
ADR(20)2.74
ADR(20)%2.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.96
Mansfield0.87
10 Day High130.08
10 Day Low121.21
20 Day High130.08
20 Day Low117.04
52 Week High132.29
52 Week Low81.56
CS1 End122.86
CR1 Start124.8
Volume & EV
DER(3)-1.52%
DER(5)-2.12%
Volume58.00K
Volume Incr-16.08%
Vol(5)74.78K
Vol(50)105.64K