BANK FIRST CORP (BFC) Technical Analysis
NASDAQ:BFC • US06211J1007
Current stock price
BFC Technical Rating and Analysis
Taking everything into account, BFC scores 8 out of 10 in our technical rating. In the last year, BFC was one of the better performers, but we do observe some doubts in the very recent evolution.
- 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 80% 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 381 other stocks in this industry. BFC outperforms 85% of them.
- 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.
- In the last month BFC has a been trading in the 130.47 - 149.63 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.
BFC Weekly and Daily overview Charts
BFC Setup Rating and Analysis
BFC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 126.79, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
BFC Support and Resistance Analysis
117.88
2 important support areas can be observed.
- A support zone ranging from 124.86 to 126.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 119.07 to 122.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 135.72 to 136.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
BFC 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.
| 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 | 80.99 | POSITIVE | BFC has a high relative strength, it outperformed 80.99% 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) | 43.25 | NEUTRAL | The RSI value for BFC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.79 | NEGATIVE | The MACD value suggests BFC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.32 | NEUTRAL | The Stochastics value for BFC is a neutral value. |
| 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) | 22.54 | NEUTRAL | The ADX value for BFC suggests a possible start of a new trend. |
BFC Chart- and CandleStick Pattern Analysis
BFC Example Setup
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 |
|---|---|---|---|
| 136.76 | 130.46 | 6.30 (4.61%) | 21.71% |
| An entry @136.76. This is a Buy Stop order right above the resistance zone. | An exit @130.46. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 6.30 points, which is 4.61%. | When investing 21.71% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
BFC Technicals: Chart, Performance Metrics, Trend & Indicators
135.44
+0.72 (+0.53%)
BANK FIRST CORP / BFC TA FAQ
Can you provide the ChartMill technical rating for BANK FIRST CORP?
ChartMill assigns a technical rating of 8 / 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 43.2488. 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 -0.788728, indicating a bearish trend.
What is the support and resistance level for BFC stock?
BANK FIRST CORP (BFC) has a support level at 126.79 and a resistance level at 135.72. Check the full technical report for our detailed analysis of BFC support and resistance levels.