BANK FIRST CORP (BFC) Stock Technical Analysis
NASDAQ:BFC - Nasdaq - US06211J1007 - Common Stock - Currency: USD
Taking everything into account, BFC scores 7 out of 10 in our technical rating. 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.
In the last month BFC has a been trading in the 115.29 - 132.59 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that BFC is one of the better performing stocks in the market, outperforming 80% of all stocks. On top of that, BFC also shows a nice and consistent pattern of rising prices.
BFC is one of the better performing stocks in the Banks industry, it outperforms 84% of 392 stocks in the same industry.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
BFC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BFC is lagging the market.
Considerably lower volume is observed in the last couple of days.
Although BFC has an excellent technical rating, the quality of the presented setup is not ideal 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
99.64
120.25
4 important support areas can be observed.
- A support zone ranging from 110.95 to 112.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @109.18 from a horizontal line in the daily time frame.
- Support @104.69 from a trend line in the weekly time frame.
- A support zone ranging from 100.65 to 100.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 117.22 to 119.06. 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 | DOWN | NEGATIVE | The short term trend for BFC is down. |
| ChartMill Relative Strength | 80.3 | POSITIVE | BFC has a high relative strength, it outperformed 80.3% 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 | MIXED | The current price of BFC is below 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) | 40.68 | NEUTRAL | The RSI value for BFC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.3 | NEGATIVE | The MACD value suggests BFC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 6.63 | OVERSOLD | The low Stochastics value suggests BFC may be oversold. |
| Average True Range in percent/ATR (20) | 3.39 | MEDIUM VOLATILITY | The ATR as a percentage value for BFC suggests some volalility. |
| Average Directional Index/ADX (14) | 19.44 | 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)
116.45
+0.9 (+0.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.78%
1 Week-0.61%
2 Weeks-7.82%
1 Month-2.94%
3 Month3.7%
6 Month14.13%
12 Month38.65%
2 Year50.01%
3 Year43.29%
5 Year86.62%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.65
ATR(20)%3.39%
ATR Inc-43.56%
Range Today1.53
ADR(20)3.92
ADR(20)%3.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.3
Mansfield0.3
10 Day High129.12
10 Day Low115.29
20 Day High132.59
20 Day Low115.29
52 Week High132.59
52 Week Low82.5
CS1 End112.3
CR1 Start117.22
Volume & EV
DER(3)-0.68%
DER(5)-1.53%
Volume41.30K
Volume Incr-47.92%
Vol(5)85.78K
Vol(50)151.70K