Bancorp 34 Inc (BCTF)

10.06  -0.13 (-1.29%)

Technical Rating and Analysis

0

Taking everything into account, BCTF scores 0 out of 10 in our technical rating. BCTF's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, BCTF is a bad performer in the overall market: 82% of all stocks are doing better.
BCTF is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
BCTF is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: BCTF has an average volume of 2865 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Weekly and Daily overview Charts
BCTF Weekly chart
BCTF Daily chart
Setup Rating and Analysis

8

BCTF has a bad 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 10.11. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 9.76, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BCTF 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

9.58

16.01

When analyzing the support we notice one important area.

  • A support zone ranging from 9.68 to 9.76. This zone is formed by a combination of multiple trend lines in multiple time frames.

4 important resistance areas can be observed.

  • A resistance zone ranging from 10.11 to 10.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @11.95 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 15.40 to 15.50. This zone is formed by a combination of multiple trend lines in the weekly time frame.
  • Resistance @15.85 from a horizontal line in the daily 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
CRS18.37
Mansfield-3.15
10 Day High10.28
10 Day Low9.8
20 Day High11.3
20 Day Low9.25
52 Week High16
52 Week Low9.12
Performance
1 Week0.6%
2 Weeks3.95%
1 Month-10.86%
3 Month-6.76%
6 Month-33.9%
12 Month-34.59%
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)0.02
RSI(14)40.39
LBB9.35
UBB10.74
BCTF Daily chart

Bancorp 34 Inc

NASDAQ:BCTF (8/25/2020, 4:06:18 PM)

10.06

-0.13 (-1.29%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.29%
1 Week0.6%
2 Weeks3.95%
1 Month-10.86%
3 Month-6.76%
6 Month-33.9%
12 Month-34.59%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.32
ATR(20)%2.39%
ATR Inc
Range Today0.31
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 High10.28
10 Day Low9.8
20 Day High11.3
20 Day Low9.25
52 Week High16
52 Week Low9.12
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume23.45K
Volume Incr325.41%
Vol(5)9.17K
Vol(50)2.87K