BANK FIRST CORP (BFC) Stock Technical Analysis
NASDAQ:BFC • US06211J1007
We assign a technical rating of 10 out of 10 to BFC. Both in the recent history as in the last year, BFC has proven to be a steady performer, scoring decent points in every aspect analyzed.
- 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 82% of all other 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 79% of 381 stocks in the same industry.
- BFC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BFC is lagging the market slightly.
- In the last month BFC has a been trading in the 134.17 - 153.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, BFC also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.
More info and screens
116.10
When analyzing the support we can see 4 important areas.
- A support zone ranging from 141.86 to 142.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 123.72 to 124.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 120.87 to 120.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @117.27 from a trend line in the weekly time frame.
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 | 82.98 | POSITIVE | BFC has a high relative strength, it outperformed 82.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BFC is below the rising 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) | 53.94 | NEUTRAL | The RSI value for BFC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.04 | NEGATIVE | The MACD value suggests BFC has a negative trend. |
| Stochastics (14,3) | 36.71 | NEUTRAL | The Stochastics value for BFC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.09 | MEDIUM VOLATILITY | The ATR as a percentage value for BFC suggests some volalility. |
| Average Directional Index/ADX (14) | 34.44 | POSITIVE | The high ADX value value for BFC suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 146.74 | 141.85 | 4.89 (3.33%) | 25.00% |
| An entry @146.74. This is a Buy Stop order right above the 10 day moving average. | An exit @141.85. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.89 points, which is 3.33%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.83%. |
- The distance between exit and entry is rather small compared to the average daily movement of BFC. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
142.97
+1.1 (+0.78%)
BANK FIRST CORP / BFC FAQ
Can you provide the ChartMill technical rating for BANK FIRST CORP?
ChartMill assigns a technical rating of 10 / 10 to BFC.
What is the trend direction for BFC stock?
The current trend direction for BANK FIRST CORP (BFC) is Bullish.
What is the RSI signal for BFC stock?
BANK FIRST CORP (BFC) has an RSI value of 53.9382. This indicates that the stock is currently neutral.
What is the MACD signal for BFC stock?
The MACD indicator for BANK FIRST CORP (BFC) has a value of -1.03522, indicating a bearish trend.
What is the support and resistance level for BFC stock?
BANK FIRST CORP (BFC) has a support level at 142.96. Check the full technical report for our detailed analysis of BFC support and resistance levels.