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Berkshire Bancorp (BERK) Stock Technical Analysis

USA - NASDAQ:BERK -

7.19
-0.25 (-3.36%)
Last: 11/27/2013, 7:59:59 PM
7.15
-0.04 (-0.56%)
After Hours: 11/27/2013, 7:59:59 PM
Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to BERK. BERK scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, BERK is a bad performer in the overall market: 79% of all stocks are doing better.
BERK 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.
Warning: BERK has an average volume of 9888 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month BERK has a been trading in the 6.87 - 7.90 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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Weekly and Daily overview Charts
Berkshire Bancorp / BERK Weekly stock chart
Berkshire Bancorp / BERK Daily stock chart
Setup Rating and Analysis

3

The technical rating of BERK is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

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Support and Resistance Analysis

7.12

8.69

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 7.65 to 7.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @8.60 from a horizontal line in the daily time frame.

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Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for BERK is down.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for BERK is neutral.
ChartMill Relative Strength21.43NEGATIVEBERK has a low relative strength, it was outperformed by 78.57% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of BERK is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of BERK is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of BERK is below a declining SMA(200).
Relative Strength Index/RSI (14)38.84NEUTRALThe RSI value for BERK is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0NEGATIVEThe MACD value suggests BERK has a negative trend.
Average True Range in percent/ATR (20)2.56MEDIUM VOLATILITYThe ATR as a percentage value for BERK suggests some volalility.
Chart- and CandleStick Pattern Analysis
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)

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Berkshire Bancorp / BERK Daily stock chart

Berkshire Bancorp

NASDAQ:BERK (11/27/2013, 7:59:59 PM)

After market: 7.15 -0.04 (-0.56%)

7.19

-0.25 (-3.36%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-3.36%
1 Week-1.1%
2 Weeks-4.89%
1 Month-8.06%
3 Month-6.99%
6 Month-11.23%
12 Month-11.34%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%2.56%
ATR Inc23.83%
Range Today0.45
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.43
3 months CRSN/A
6 months CRSN/A
Mansfield-2.09
10 Day High7.6
10 Day Low6.87
20 Day High7.9
20 Day Low6.87
52 Week High9
52 Week Low6.87
CS1 EndN/A
CR1 Start7.65
Volume & EV
DER(3)-3.75%
DER(5)-1%
Volume29.00K
Volume Incr-53.94%
Vol(5)7.80K
Vol(50)9.89K

Berkshire Bancorp / BERK FAQ

What is the ChartMill technical rating of Berkshire Bancorp (BERK) stock?

ChartMill assigns a technical rating of 0 / 10 to BERK.


What is the current trend direction of Berkshire Bancorp (BERK) stock?

The current trend direction for Berkshire Bancorp (BERK) is Bearish.


What is the RSI signal for Berkshire Bancorp (BERK) stock?

Berkshire Bancorp (BERK) has an RSI value of 38.8371. This indicates that the stock is currently neutral.


Can you provide the MACD signal for Berkshire Bancorp?

The MACD indicator for Berkshire Bancorp (BERK) has a value of -0.00241121, indicating a bearish trend.


Can you provide the support and resistance levels for Berkshire Bancorp?

Berkshire Bancorp (BERK) has a resistance level at 7.65. Check the full technical report for our detailed analysis of BERK support and resistance levels.