BUSINESS FIRST BANCSHARES (BFST) Technical Analysis
NASDAQ:BFST • US12326C1053
Current stock price
BFST Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to BFST. Although BFST is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The long and short term trends are both positive. This is looking good!
- BFST 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 BFST is lagging the market slightly.
- BFST is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- When compared to the yearly performance of all other stocks, BFST outperforms 65% of them, which is more or less in line with the market.
- BFST is an average performer in the Banks industry, it outperforms 51% of 376 stocks in the same industry.
BFST Weekly and Daily overview Charts
BFST Setup Rating and Analysis
BFST has only a medium technical rating, but it does show 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.
More info and screens
BFST Support and Resistance Analysis
22.99
When analyzing the support we can see 4 important areas.
- A support zone ranging from 26.46 to 26.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 25.81 to 25.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @23.94 from a trend line in the weekly time frame.
- Support @23.22 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 28.53 to 29.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 29.84 to 29.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
BFST Technical Indicator Signal Analysis
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 BFST is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BFST is up. |
| ChartMill Relative Strength | 65.51 | NEUTRAL | BFST is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BFST is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BFST is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BFST is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.64 | NEUTRAL | The RSI value for BFST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BFST has a negative trend. |
| Stochastics (14,3) | 56.23 | NEUTRAL | The Stochastics value for BFST is a neutral value. |
| Average True Range in percent/ATR (20) | 2.33 | MEDIUM VOLATILITY | The ATR as a percentage value for BFST suggests some volalility. |
| Average Directional Index/ADX (14) | 21.93 | NEUTRAL | The ADX value for BFST suggests a possible start of a new trend. |
BFST Chart- and CandleStick Pattern Analysis
BFST Technicals: Chart, Performance Metrics, Trend & Indicators
28.26
-0.27 (-0.95%)
BUSINESS FIRST BANCSHARES / BFST TA FAQ
What is the ChartMill technical rating of BUSINESS FIRST BANCSHARES (BFST) stock?
ChartMill assigns a technical rating of 6 / 10 to BFST.
What is the current trend direction of BUSINESS FIRST BANCSHARES (BFST) stock?
The current trend direction for BUSINESS FIRST BANCSHARES (BFST) is Bullish.
What is the RSI signal for BUSINESS FIRST BANCSHARES (BFST) stock?
BUSINESS FIRST BANCSHARES (BFST) has an RSI value of 53.6381. This indicates that the stock is currently neutral.
What is the MACD signal for BFST stock?
The MACD indicator for BUSINESS FIRST BANCSHARES (BFST) has a value of -0.00894773, indicating a bearish trend.
What is the buy/sell signal for BUSINESS FIRST BANCSHARES (BFST) stock?
The buy/sell signal for BUSINESS FIRST BANCSHARES (BFST) is buy as both the short term and long term trends are positive.