BANNER CORPORATION (BANR) Technical Analysis
NASDAQ:BANR • US06652V2088
Current stock price
BANR Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to BANR. BANR has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- BANR is part of the Banks industry. There are 380 other stocks in this industry, of which 77% are performing better than BANR.
- In the last month BANR has a been trading in the 57.05 - 61.92 range, which is quite wide. It is currently trading near the high of this range.
- When compared to the yearly performance of all other stocks, BANR outperforms 46% of them, which is more or less in line with the market.
- BANR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BANR is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
BANR Weekly and Daily overview Charts
BANR Setup Rating and Analysis
BANR has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 63.10. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 60.10, a Stop Loss order could be placed below this zone.
More info and screens
BANR Support and Resistance Analysis
57.48
We found 1 important support area.
- A support zone ranging from 58.06 to 60.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 63.10 to 63.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong 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.
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 | DOWN | NEGATIVE | The long term trend for BANR is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BANR is neutral. |
| ChartMill Relative Strength | 46.71 | 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) | DOWN | MIXED | The current price of BANR is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of BANR is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.25 | NEUTRAL | The RSI value for BANR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.42 | POSITIVE | The MACD value suggests BANR has a positive trend. |
| Stochastics (14,3) | 90.52 | OVERBOUGHT | The high Stochastics value suggests BANR may be overbought. |
| Average True Range in percent/ATR (20) | 2.56 | MEDIUM VOLATILITY | The ATR as a percentage value for BANR suggests some volalility. |
| Average Directional Index/ADX (14) | 17.47 | NEGATIVE | The low ADX value for BANR suggests a weak or negative trend. |
BANR Chart- and CandleStick Pattern Analysis
BANR Technicals: Chart, Performance Metrics, Trend & Indicators
61.6
+0.2 (+0.33%)
BANNER CORPORATION / BANR TA FAQ
Can you provide the ChartMill technical rating for BANNER CORPORATION?
ChartMill assigns a technical rating of 2 / 10 to BANR.
What is the current trend direction of BANNER CORPORATION (BANR) stock?
The current trend direction for BANNER CORPORATION (BANR) is Bearish.
Can you provide the RSI signal for BANNER CORPORATION?
BANNER CORPORATION (BANR) has an RSI value of 58.2511. 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 0.42204, indicating a bearish trend.