BEACON FINANCIAL CORP (BBT) Technical Analysis
NYSE:BBT • US0846801076
Taking everything into account, BBT scores 4 out of 10 in our technical rating. BBT was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
- 100% of all other stocks performed better in the past year than BBT.
- BBT is one of the lesser performing stocks in the Banks industry. 95% of 381 stocks in the same industry do better.
- In the last month BBT has a been trading in the 27.70 - 32.00 range, which is quite wide. It is currently trading near the lows of this range.
- 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.
Although the technical rating is only medium, BBT does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 28.98, a Stop Loss order could be placed below this zone.
More info and screens
28.67
When analyzing the support we notice one important area.
- A support zone ranging from 28.96 to 28.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 31.61 to 31.78. 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 | DOWN | NEGATIVE | The short term trend for BBT is down. |
| 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) | DOWN | NEGATIVE | The current price of BBT is below a declining 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) | 43.56 | NEUTRAL | The RSI value for BBT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.33 | NEGATIVE | The MACD value suggests BBT has a negative trend. |
| Stochastics (14,3) | 24.5 | NEUTRAL | The Stochastics value for BBT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.89 | MEDIUM VOLATILITY | The ATR as a percentage value for BBT suggests some volalility. |
| Average Directional Index/ADX (14) | 16.62 | NEGATIVE | The low ADX value for BBT suggests a weak or negative trend. |
BBT Technicals: Chart, Performance Metrics, Trend & Indicators
29.12
+0.14 (+0.48%)
BEACON FINANCIAL CORP / BBT FAQ
What is the technical rating for BBT stock?
ChartMill assigns a technical rating of 4 / 10 to BBT.
Can you provide the trend direction for BEACON FINANCIAL CORP?
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 43.5633. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BEACON FINANCIAL CORP?
The MACD indicator for BEACON FINANCIAL CORP (BBT) has a value of -0.326945, indicating a bearish trend.
Can you provide the buy/sell signal for BEACON FINANCIAL CORP?
The buy/sell signal for BEACON FINANCIAL CORP (BBT) is hold as the short term and long term trends are mixed.