BREAD FINANCIAL HOLDINGS INC (BFH) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BFH - US0185811082 - Common Stock
Taking everything into account, BFH scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, BFH has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, BFH also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 76.63, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
47.06
4 important support areas can be observed.
- A support zone ranging from 76.44 to 76.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @66.11 from a trend line in the daily time frame.
- A support zone ranging from 59.05 to 59.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @47.54 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 78.00 to 78.00. This zone is formed by a combination of multiple trend lines 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 BFH is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BFH is up. |
| ChartMill Relative Strength | 87.04 | POSITIVE | BFH has a high relative strength, it outperformed 87.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BFH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BFH is above 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) | 73.67 | OVERBOUGHT | The high RSI value suggests BFH may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests BFH has a negative trend. |
| Stochastics (14,3) | 71.44 | NEUTRAL | The Stochastics value for BFH is a neutral value. |
| Average True Range in percent/ATR (20) | 2.22 | MEDIUM VOLATILITY | The ATR as a percentage value for BFH suggests some volalility. |
| Average Directional Index/ADX (14) | 46.33 | POSITIVE | The high ADX value value for BFH 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 |
|---|---|---|---|
| 78.01 | 76.43 | 1.58 (2.03%) | 25.00% |
| An entry @78.01. This is a Buy Stop order right above the resistance zone. | An exit @76.43. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.58 points, which is 2.03%. | For a 0.51% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of BFH. 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.
76.64
-0.04 (-0.05%)
BREAD FINANCIAL HOLDINGS INC / BFH FAQ
Can you provide the ChartMill technical rating for BREAD FINANCIAL HOLDINGS INC?
ChartMill assigns a technical rating of 9 / 10 to BFH.
What is the trend direction for 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 73.6712. This indicates that the stock is currently overbought.
What is the short term momentum for BFH stock?
The short term momentum for BREAD FINANCIAL HOLDINGS INC (BFH) is positive.
What is the buy/sell signal for BFH stock?
The buy/sell signal for BREAD FINANCIAL HOLDINGS INC (BFH) is buy as both the short term and long term trends are positive.