BANK FIRST CORP (BFC) Stock Technical Analysis
NASDAQ:BFC - Nasdaq - US06211J1007 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to BFC. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
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.
Looking at the yearly performance, BFC did better than 89% of all other stocks. We also observe that the gains produced by BFC over the past year are nicely spread over this period.
BFC is one of the better performing stocks in the Banks industry, it outperforms 91% of 396 stocks in the same industry.
BFC is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so BFC is performing more or less in line with the market.
BFC is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
In the last month BFC has a been trading in a tight range between 111.89 and 117.34.
Although BFC has an excellent technical rating, it does not present a decent entry opportunity 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.
More info and screens
81.12
118.50
We found 4 important support areas.
- A support zone ranging from 99.78 to 101.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 96.02 to 96.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @93.72 from a horizontal line in the daily time frame.
- Support @81.94 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @112.30 from a horizontal line in the daily time frame.
- A resistance zone ranging from 114.85 to 117.33. This zone is formed by a combination of multiple trend lines and important moving averages 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 BFC is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BFC is neutral. |
| ChartMill Relative Strength | 89.28 | POSITIVE | BFC has a high relative strength, it outperformed 89.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BFC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BFC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BFC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.8 | NEUTRAL | The RSI value for BFC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.48 | NEGATIVE | The MACD value suggests BFC has a negative trend. |
| Stochastics (14,3) | 49.34 | NEUTRAL | The Stochastics value for BFC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.87 | LOW VOLATILITY | The low ATR as a percentage value for BFC suggests low volalility. |
| Average Directional Index/ADX (14) | 18.48 | NEGATIVE | The low ADX value for BFC suggests a weak or negative trend. |
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)
112.02
-3.62 (-3.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-3.13%
1 Week-2.46%
2 Weeks-3.68%
1 Month-3.43%
3 Month11.13%
6 Month4.9%
12 Month42.12%
2 Year34.64%
3 Year47.76%
5 Year74.76%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.22
ATR(20)%1.87%
ATR Inc59.06%
Range Today3.67
ADR(20)2.06
ADR(20)%1.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.28
Mansfield0.92
10 Day High117.34
10 Day Low111.89
20 Day High117.34
20 Day Low111.89
52 Week High119.04
52 Week Low77
CS1 End101.09
CR1 Start112.3
Volume & EV
DER(3)1.22%
DER(5)1.17%
Volume56.10K
Volume Incr-16.68%
Vol(5)69.40K
Vol(50)54.77K