BB&T CORP (BBT)

54.24  +0.75 (+1.4%)

After market: 54.35 +0.11 (+0.2%)

Technical Rating and Analysis

6

Overall BBT gets a technical rating of 6 out of 10. In the last year, BBT was one of the better performers, but we do observe some doubts in the very recent evolution.

The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that BBT is one of the better performing stocks in the market, outperforming 71% of all stocks.
BBT is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so BBT is leading the market.
BBT has an average volume of 5032530 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month BBT has a been trading in a tight range between 52.77 and 55.26.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
BBT Weekly chart
BBT Daily chart
Setup Rating and Analysis

8

Although the technical rating is only medium, BBT does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 54.23, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

44.91

55.92

We found 3 important support areas.

  • A support zone ranging from 53.20 to 54.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @46.48 from a trend line in the weekly time frame.
  • Support @45.36 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 54.26 to 55.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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
CRS71.56
Mansfield-0.06
10 Day High55.26
10 Day Low52.77
20 Day High55.26
20 Day Low52.77
52 Week High55.66
52 Week Low40.68
Performance
1 Week-0.88%
2 Weeks0.11%
1 Month-0.9%
3 Month11.33%
6 Month11.08%
12 Month13.81%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
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)-0.19
RSI(14)51.61
LBB53.15
UBB55.55
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.

ENTRYEXITDISTANCECAPITAL
55.3853.192.19 (3.95%)25.00%
An entry @55.38. This is a Buy Stop order right above the resistance zone.An exit @53.19. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 2.19 points, which is 3.95%.For a 0.99% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • 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.
BBT Daily chart

BB&T CORP

NYSE:BBT (12/6/2019, 7:04:04 PM)

After market: 54.35 +0.11 (+0.2%)

54.24

+0.75 (+1.4%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.4%
1 Week-0.88%
2 Weeks0.11%
1 Month-0.9%
3 Month11.33%
6 Month11.08%
12 Month13.81%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.77
ATR(20)%1.39%
ATR Inc
Range Today0.66
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 High55.26
10 Day Low52.77
20 Day High55.26
20 Day Low52.77
52 Week High55.66
52 Week Low40.68
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume25.95M
Volume Incr115.96%
Vol(5)9.06M
Vol(50)5.03M