NYSE:BFS - New York Stock Exchange, Inc. - US8043951016 - REIT - Currency: USD
Overall BFS gets a technical rating of 2 out of 10. In the past year, BFS was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
Although the technical rating is bad, BFS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 34.64. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 34.24, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
31.88
We found 2 important support areas.
We can see 3 important resistance areas.
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 | DOWN | NEGATIVE | The long term trend for BFS is down. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BFS is up. |
ChartMill Relative Strength | 28.19 | NEGATIVE | BFS has a low relative strength, it was outperformed by 71.81% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BFS is above the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BFS is above a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BFS is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 56.32 | NEUTRAL | The RSI value for BFS is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests BFS has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 87 | OVERBOUGHT | The high Stochastics value suggests BFS may be overbought. |
Average True Range in percent/ATR (20) | 2.56 | MEDIUM VOLATILITY | The ATR as a percentage value for BFS suggests some volalility. |
Average Directional Index/ADX (14) | 16.86 | NEGATIVE | The low ADX value for BFS suggests a weak or negative trend. |
34.35
+0.21 (+0.62%)