BREAD FINANCIAL HOLDINGS INC (BFH) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BFH - US0185811082 - Common Stock
We assign a technical rating of 4 out of 10 to BFH. BFH has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- In the last month BFH has a been trading in the 67.78 - 82.03 range, which is quite wide. It is currently trading near the lows of this range.
- BFH is part of the Consumer Finance industry. There are 53 other stocks in this industry. BFH outperforms 71% of them.
- BFH 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 BFH is lagging the market slightly.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- When comparing the performance of all stocks over the past year, BFH turns out to be only a medium performer in the overall market: it outperformed 59% of all stocks.
BFH has an average technical rating and also the quality of the setup is only medium 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
47.66
We found 4 important support areas.
- A support zone ranging from 68.77 to 68.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @60.86 from a trend line in the weekly time frame.
- Support @58.25 from a trend line in the daily time frame.
- Support @48.14 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 71.06 to 71.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 73.73 to 74.29. This zone is formed by a combination of multiple trend lines and important moving averages 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 BFH is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BFH is down. |
| ChartMill Relative Strength | 59.1 | NEUTRAL | BFH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BFH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BFH is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BFH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.51 | NEUTRAL | The RSI value for BFH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1 | NEGATIVE | The MACD value suggests BFH has a negative trend. |
| Stochastics (14,3) | 16.23 | OVERSOLD | The low Stochastics value suggests BFH may be oversold. |
| Average True Range in percent/ATR (20) | 3.78 | MEDIUM VOLATILITY | The ATR as a percentage value for BFH suggests some volalility. |
| Average Directional Index/ADX (14) | 28.38 | POSITIVE | The high ADX value value for BFH suggests a strong trend. |
68.78
-2.23 (-3.14%)
BREAD FINANCIAL HOLDINGS INC / BFH FAQ
Can you provide the ChartMill technical rating for BREAD FINANCIAL HOLDINGS INC?
ChartMill assigns a technical rating of 4 / 10 to BFH.
What is the current trend direction of BREAD FINANCIAL HOLDINGS INC (BFH) stock?
The current trend direction for BREAD FINANCIAL HOLDINGS INC (BFH) is Bullish.
What is the RSI signal for BFH stock?
BREAD FINANCIAL HOLDINGS INC (BFH) has an RSI value of 40.5067. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BREAD FINANCIAL HOLDINGS INC?
The MACD indicator for BREAD FINANCIAL HOLDINGS INC (BFH) has a value of -1.00092, indicating a bearish trend.
What is the buy/sell signal for BFH stock?
The buy/sell signal for BREAD FINANCIAL HOLDINGS INC (BFH) is hold as the short term and long term trends are mixed.