BANNER CORPORATION (BANR) Stock Technical Analysis
NASDAQ:BANR - Nasdaq - US06652V2088 - Common Stock - Currency: USD
Overall BANR gets a technical rating of 10 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, BANR is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that BANR is one of the better performing stocks in the market, outperforming 82% of all stocks.
BANR is part of the Banks industry. There are 394 other stocks in this industry. BANR outperforms 72% of them.
In the last month BANR has a been trading in the 60.02 - 69.50 range, which is quite wide. It is currently trading near the high of this range.
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.
BANR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 64.90, a Stop Loss order could be placed below this zone.
More info and screens
57.28
69.37
4 important support areas can be observed.
- A support zone ranging from 63.63 to 64.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 60.72 to 62.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @59.66 from a trend line in the weekly time frame.
- Support @57.86 from a horizontal line in the daily 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 BANR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BANR is up. |
| ChartMill Relative Strength | 82.59 | POSITIVE | BANR has a high relative strength, it outperformed 82.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BANR is above the rising 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) | 69.62 | NEUTRAL | The RSI value for BANR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.46 | POSITIVE | The MACD value suggests BANR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.58 | OVERBOUGHT | The high Stochastics value suggests BANR may be overbought. |
| Average True Range in percent/ATR (20) | 2.81 | MEDIUM VOLATILITY | The ATR as a percentage value for BANR suggests some volalility. |
| Average Directional Index/ADX (14) | 25.25 | POSITIVE | The high ADX value value for BANR 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)
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 |
|---|---|---|---|
| 69.52 | 63.36 | 6.16 (8.86%) | 11.28% |
| An entry @69.52. This is a Buy Stop order right above the 10 day high. | An exit @63.36. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 6.16 points, which is 8.86%. | When investing 11.28% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
68.68
-0.02 (-0.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.03%
1 Week0.01%
2 Weeks6.46%
1 Month9.94%
3 Month21.54%
6 Month5.66%
12 Month29.85%
2 Year44.26%
3 Year10.79%
5 Year93.85%
10 Year44.1%
15 Year2822.55%
Volatility
ATR(14)2.1
ATR(20)%2.81%
ATR Inc-37.14%
Range Today1.29
ADR(20)1.92
ADR(20)%2.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.59
Mansfield-0.08
10 Day High69.51
10 Day Low63.37
20 Day High69.51
20 Day Low60.02
52 Week High78.05
52 Week Low51.14
CS1 End64.9
CR1 StartN/A
Volume & EV
DER(3)-1.71%
DER(5)-1.19%
Volume240.70K
Volume Incr8.05%
Vol(5)223.56K
Vol(50)194.13K