BANNER CORPORATION (BANR) Technical Analysis
NASDAQ:BANR • US06652V2088
Current stock price
BANR Technical Rating and Analysis
Taking everything into account, BANR scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BANR is only an average performer.
- BANR is part of the Banks industry. There are 376 other stocks in this industry, of which 69% are performing better than BANR.
- Both the short term and long term trends are positive. This is a very positive sign.
- BANR 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 BANR is lagging the market slightly.
- BANR is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- When comparing the performance of all stocks over the past year, BANR turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
BANR Weekly and Daily overview Charts
BANR Setup Rating and Analysis
Besides having an excellent technical rating, BANR 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
BANR Support and Resistance Analysis
55.94
When analyzing the support we can see 2 important areas.
- A support zone ranging from 58.06 to 59.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @56.51 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 66.02 to 66.16. 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 67.72 to 67.76. 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.
BANR Technical Indicator Signal Analysis
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 | 49.71 | NEUTRAL | BANR is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of BANR is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.33 | NEUTRAL | The RSI value for BANR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests BANR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 60.93 | NEUTRAL | The Stochastics value for BANR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.38 | MEDIUM VOLATILITY | The ATR as a percentage value for BANR suggests some volalility. |
| Average Directional Index/ADX (14) | 32.16 | POSITIVE | The high ADX value value for BANR suggests a strong trend. |
BANR Chart- and CandleStick Pattern Analysis
BANR Example Setup
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 |
|---|---|---|---|
| 66.17 | 63.34 | 2.83 (4.28%) | 23.38% |
| An entry @66.17. This is a Buy Stop order right above the resistance zone. | An exit @63.34. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.83 points, which is 4.28%. | When investing 23.38% 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.
BANR Technicals: Chart, Performance Metrics, Trend & Indicators
65.87
-1.04 (-1.55%)
BANNER CORPORATION / BANR TA FAQ
Can you provide the ChartMill technical rating for BANNER CORPORATION?
ChartMill assigns a technical rating of 8 / 10 to BANR.
What is the current trend direction of BANNER CORPORATION (BANR) stock?
The current trend direction for BANNER CORPORATION (BANR) is Bullish.
Can you provide the RSI signal for BANNER CORPORATION?
BANNER CORPORATION (BANR) has an RSI value of 57.3316. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BANNER CORPORATION?
The MACD indicator for BANNER CORPORATION (BANR) has a value of 0.0980699, indicating a bearish trend.
What is the buy/sell signal for BANNER CORPORATION (BANR) stock?
The buy/sell signal for BANNER CORPORATION (BANR) is buy as both the short term and long term trends are positive.