Overall BANR gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. BANR was also a bad performer in the overall market in the last year.
- 67% of all other stocks performed better in the past year than BANR.
- BANR is one of the lesser performing stocks in the Banks industry. 87% of 381 stocks in the same industry do better.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- BANR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BANR is lagging the market.
- In the last month BANR has a been trading in the 59.66 - 67.75 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.
Although the technical rating is bad, BANR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 64.32, a Stop Loss order could be placed below this zone.
More info and screens
55.94
When analyzing the support we can see 3 important areas.
- A support zone ranging from 60.72 to 64.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @58.97 from a horizontal line in the daily time frame.
- Support @56.50 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @65.03 from a trend line in the weekly time frame.
- Resistance @66.11 from a horizontal line in the daily time frame.
- A resistance zone ranging from 67.72 to 69.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @70.67 from a horizontal line 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 | NEUTRAL | NEUTRAL | The long term trend for BANR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BANR is up. |
| ChartMill Relative Strength | 33.47 | NEUTRAL | BANR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BANR is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BANR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BANR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.83 | NEUTRAL | The RSI value for BANR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests BANR has a positive trend. |
| Stochastics (14,3) | 55.58 | NEUTRAL | The Stochastics value for BANR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.79 | MEDIUM VOLATILITY | The ATR as a percentage value for BANR suggests some volalility. |
| Average Directional Index/ADX (14) | 12.97 | NEGATIVE | The low ADX value for BANR suggests a weak or negative trend. |
64.59
+0.79 (+1.24%)
BANNER CORPORATION / BANR FAQ
Can you provide the ChartMill technical rating for BANNER CORPORATION?
ChartMill assigns a technical rating of 3 / 10 to BANR.
Can you provide the trend direction for BANNER CORPORATION?
The current trend direction for BANNER CORPORATION (BANR) is Bearish.
What is the RSI signal for BANNER CORPORATION (BANR) stock?
BANNER CORPORATION (BANR) has an RSI value of 54.8273. This indicates that the stock is currently neutral.
What are the support and resistance levels for BANNER CORPORATION (BANR) stock?
BANNER CORPORATION (BANR) has a support level at 64.32 and a resistance level at 65.03. Check the full technical report for our detailed analysis of BANR support and resistance levels.