BANK FIRST CORP (BFC) Stock Technical Analysis
USA - NASDAQ:BFC - US06211J1007 - Common Stock
128.34 USD
+3.97 (+3.19%)
128.34 USD
0 (0%)
Taking everything into account, BFC scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BFC is showing a nice and steady performance.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that BFC is one of the better performing stocks in the market, outperforming 83% of all stocks. On top of that, BFC also shows a nice and consistent pattern of rising prices.
BFC is part of the Banks industry. There are 392 other stocks in this industry. BFC outperforms 90% of them.
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 119.23 - 131.09 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, BFC also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 132.29. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 125.82, a Stop Loss order could be placed below this zone.
More info and screens
107.20
133.62
4 important support areas can be observed.
- A support zone ranging from 124.17 to 125.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 120.87 to 121.69. This zone is formed by a combination of multiple trend lines in the daily time frame.
- 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 @108.28 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 132.29 to 132.30. This zone is formed by a combination of multiple trend lines in the daily 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 | 83.69 | POSITIVE | BFC has a high relative strength, it outperformed 83.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BFC is above 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) | 57.9 | NEUTRAL | The RSI value for BFC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests BFC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 53.79 | NEUTRAL | The Stochastics value for BFC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.92 | MEDIUM VOLATILITY | The ATR as a percentage value for BFC suggests some volalility. |
| Average Directional Index/ADX (14) | 17.8 | 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)
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 |
|---|---|---|---|
| 132.31 | 124.16 | 8.15 (6.16%) | 16.23% |
| An entry @132.31. This is a Buy Stop order right above the resistance zone. | An exit @124.16. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 8.15 points, which is 6.16%. | When investing 16.23% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
128.34
+3.97 (+3.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg3.19%
1 Week3.19%
2 Weeks0.68%
1 Month0.29%
3 Month3.68%
6 Month32.86%
12 Month47.11%
2 Year62.52%
3 Year48.97%
5 Year100.5%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.82
ATR(20)%2.92%
ATR Inc22.23%
Range Today3.82
ADR(20)3.71
ADR(20)%2.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.69
Mansfield0.5
10 Day High128.73
10 Day Low119.23
20 Day High131.09
20 Day Low119.23
52 Week High132.59
52 Week Low86.11
CS1 End125.82
CR1 Start132.29
Volume & EV
DER(3)1.08%
DER(5)0.68%
Volume95.40K
Volume Incr-3.59%
Vol(5)91.50K
Vol(50)100.65K