USA - NYSE:BBT - US0846801076 - Common Stock
Taking everything into account, BBT scores 4 out of 10 in our technical rating. BBT has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
BBT has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 23.46, a Stop Loss order could be placed below this zone.
22.89
We found 1 important support area.
When analyzing the resistance we notice 2 important areas.
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). |
| Relative Strength Index/RSI (14) | 50.64 | NEUTRAL | The RSI value for BBT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.34 | NEGATIVE | The MACD value suggests BBT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 36.06 | NEUTRAL | The Stochastics value for BBT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.13 | MEDIUM VOLATILITY | The ATR as a percentage value for BBT suggests some volalility. |
| Average Directional Index/ADX (14) | 15.93 | NEGATIVE | The low ADX value for BBT suggests a weak or negative trend. |
24.34
+0.23 (+0.95%)
ChartMill assigns a technical rating of 4 / 10 to BBT.
The current trend direction for BEACON FINANCIAL CORP (BBT) is Bullish.
BEACON FINANCIAL CORP (BBT) has an RSI value of 50.6354. This indicates that the stock is currently neutral.
The buy/sell signal for BEACON FINANCIAL CORP (BBT) is buy as both the short term and long term trends are positive.
BEACON FINANCIAL CORP (BBT) has a support level at 23.46 and a resistance level at 24.55. Check the full technical report for our detailed analysis of BBT support and resistance levels.