BANNER CORPORATION (BANR) Stock Technical Analysis
USA - NASDAQ:BANR - US06652V2088 - Common Stock
Taking everything into account, BANR scores 1 out of 10 in our technical rating. BANR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, BANR does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 61.52, a Stop Loss order could be placed below this zone.
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55.94
When analyzing the support we can see 2 important areas.
- A support zone ranging from 61.14 to 61.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 56.50 to 56.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 63.26 to 66.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @67.18 from a trend line in the daily time frame.
- A resistance zone ranging from 68.68 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 | NEUTRAL | NEUTRAL | The short term trend for BANR is neutral. |
| ChartMill Relative Strength | 30.68 | NEUTRAL | BANR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BANR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BANR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BANR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.11 | NEUTRAL | The RSI value for BANR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests BANR has a positive trend. |
| Stochastics (14,3) | 58.34 | NEUTRAL | The Stochastics value for BANR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.75 | MEDIUM VOLATILITY | The ATR as a percentage value for BANR suggests some volalility. |
| Average Directional Index/ADX (14) | 15.06 | NEGATIVE | The low ADX value for BANR suggests a weak or negative trend. |
63.19
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BANNER CORPORATION / BANR FAQ
Can you provide the ChartMill technical rating for BANNER CORPORATION?
ChartMill assigns a technical rating of 1 / 10 to BANR.
What is the trend direction for BANR stock?
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 47.1068. This indicates that the stock is currently neutral.
What is the MACD signal for BANR stock?
The MACD indicator for BANNER CORPORATION (BANR) has a value of 0.141723, indicating a bearish trend.