We assign a technical rating of 7 out of 10 to BFIN. In the last year, BFIN was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although BFIN has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
10.59
We found 2 important support areas.
We found 1 important resistance area.
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 | NEUTRAL | NEUTRAL | The long term trend for BFIN is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BFIN is up. |
| ChartMill Relative Strength | 41.66 | NEUTRAL | BFIN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BFIN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BFIN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BFIN is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 73.79 | OVERBOUGHT | The high RSI value suggests BFIN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests BFIN has a positive trend. |
| Stochastics (14,3) | 93.15 | OVERBOUGHT | The high Stochastics value suggests BFIN may be overbought. |
| Average True Range in percent/ATR (20) | 2 | LOW VOLATILITY | The low ATR as a percentage value for BFIN suggests low volalility. |
| Average Directional Index/ADX (14) | 29.59 | POSITIVE | The high ADX value value for BFIN suggests a strong trend. |
12.65
+0.4 (+3.27%)
ChartMill assigns a technical rating of 7 / 10 to BFIN.
The current trend direction for BANKFINANCIAL CORP (BFIN) is Bearish.
BANKFINANCIAL CORP (BFIN) has an RSI value of 73.7944. This indicates that the stock is currently overbought.
The short term momentum for BANKFINANCIAL CORP (BFIN) is positive.