BEACON FINANCIAL CORP (BBT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BBT - US0846801076 - Common Stock
Taking everything into account, BBT scores 5 out of 10 in our technical rating. In the last year, BBT was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
BBT has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 26.38. Right above this resistance zone may be a good entry point.
More info and screens
22.89
When analyzing the support we can see 2 important areas.
- A support zone ranging from 24.65 to 24.73. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 23.12 to 23.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 26.38 to 26.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 BBT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BBT is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | BBT has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BBT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BBT is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 58.35 | NEUTRAL | The RSI value for BBT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BBT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 72.32 | NEUTRAL | The Stochastics value for BBT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.77 | MEDIUM VOLATILITY | The ATR as a percentage value for BBT suggests some volalility. |
| Average Directional Index/ADX (14) | 13.42 | NEGATIVE | The low ADX value for BBT suggests a weak or negative trend. |
26.02
+0.49 (+1.92%)
BEACON FINANCIAL CORP / BBT FAQ
What is the technical rating for BBT stock?
ChartMill assigns a technical rating of 5 / 10 to BBT.
What is the current trend direction of BEACON FINANCIAL CORP (BBT) stock?
The current trend direction for BEACON FINANCIAL CORP (BBT) is Bullish.
What is the RSI signal for BEACON FINANCIAL CORP (BBT) stock?
BEACON FINANCIAL CORP (BBT) has an RSI value of 58.3516. This indicates that the stock is currently neutral.
What is the buy/sell signal for BEACON FINANCIAL CORP (BBT) stock?
The buy/sell signal for BEACON FINANCIAL CORP (BBT) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for BEACON FINANCIAL CORP (BBT) stock?
BEACON FINANCIAL CORP (BBT) has a support level at 24.73 and a resistance level at 26.38. Check the full technical report for our detailed analysis of BBT support and resistance levels.