ARROWMARK FINANCIAL CORP (BANX)

US8617801043 - Common Stock

18.43  -0.08 (-0.43%)

Technical Rating and Analysis

3

Taking everything into account, BANX scores 3 out of 10 in our technical rating. BANX has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.

In the last month BANX has a been trading in the 18.01 - 19.20 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
Warning: BANX has an average volume of 14338 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
BANX is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so BANX is performing more or less in line with the market.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
When compared to the yearly performance of all other stocks, BANX outperforms 53% of them, which is more or less in line with the market.
BANX is part of the Capital Markets industry. There are 210 other stocks in this industry, BANX did better than 55% of them.
Weekly and Daily overview Charts
BANX Weekly chart
BANX Daily chart
Setup Rating and Analysis

7

Although the technical rating is bad, BANX does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 18.07, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BANX in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

16.39

19.95

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 18.04 to 18.07. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A support zone ranging from 17.60 to 17.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 16.56 to 16.80. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 18.51 to 19.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @19.75 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.77
Mansfield-0.39
10 Day High18.78
10 Day Low18.01
20 Day High19.2
20 Day Low18.01
52 Week High19.5
52 Week Low13.8
Performance
1 Week1.99%
2 Weeks-0.43%
1 Month-1.02%
3 Month0.6%
6 Month9.38%
12 Month6.53%
2 Year-9.51%
3 Year-7.43%
5 Year-16.04%
10 Year-26.28%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)46.9
LBB18.08
UBB18.79
BANX Daily chart

ARROWMARK FINANCIAL CORP

NASDAQ:BANX (4/24/2024, 7:00:01 PM)

18.43

-0.08 (-0.43%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-0.43%
1 Week1.99%
2 Weeks-0.43%
1 Month-1.02%
3 Month0.6%
6 Month9.38%
12 Month6.53%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.25
ATR(20)%1.58%
ATR Inc
Range Today0.24
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High18.78
10 Day Low18.01
20 Day High19.2
20 Day Low18.01
52 Week High19.5
52 Week Low13.8
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume9.80K
Volume Incr0.58%
Vol(5)16.42K
Vol(50)14.34K