NYSE:BFS - US8043951016 - REIT
Overall BFS gets a technical rating of 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. BFS was also a bad performer in the overall market in the last year.
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 33.78. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 33.58, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
31.40
2 important support areas can be observed.
3 important resistance areas can be observed.
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 | 17.67 | NEGATIVE | BFS has a low relative strength, it was outperformed by 82.33% 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) | 57.01 | NEUTRAL | The RSI value for BFS is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests BFS has a positive trend. |
Stochastics (14,3) | 79.21 | NEUTRAL | The Stochastics value for BFS is a neutral value. |
Average True Range in percent/ATR (20) | 1.76 | LOW VOLATILITY | The low ATR as a percentage value for BFS suggests low volalility. |
Average Directional Index/ADX (14) | 19.74 | NEGATIVE | The low ADX value for BFS suggests a weak or negative trend. |
33.76
+0.17 (+0.51%)