BUSINESS FIRST BANCSHARES (BFST) Stock Technical Analysis
USA - NASDAQ:BFST - US12326C1053 - Common Stock
22.81 USD
+0.08 (+0.35%)
22.81 USD
0 (0%)
Taking everything into account, BFST scores 0 out of 10 in our technical rating. BFST's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, BFST is a bad performer in the overall market: 83% of all stocks are doing better.
BFST is part of the Banks industry. There are 391 other stocks in this industry, of which 84% are performing better than BFST.
BFST is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month BFST has a been trading in the 22.56 - 24.54 range, which is quite wide. It is currently trading near the lows of this range.
Although the technical rating is bad, BFST does present a nice setup opportunity. Prices have been consolidating lately. We notice that large players showed an interest for BFST in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
22.53
26.80
When analyzing the support we notice one important area.
- Support @22.76 from a trend line in the weekly time frame.
4 important resistance areas can be observed.
- Resistance @22.90 from a horizontal line in the daily time frame.
- A resistance zone ranging from 23.38 to 24.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 25.26 to 25.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @26.53 from a horizontal line in the daily time frame.
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 BFST is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BFST is down. |
| ChartMill Relative Strength | 17.99 | NEGATIVE | BFST has a low relative strength, it was outperformed by 82.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BFST is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BFST is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BFST is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.32 | NEUTRAL | The RSI value for BFST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests BFST has a negative trend. |
| Stochastics (14,3) | 32.17 | NEUTRAL | The Stochastics value for BFST is a neutral value. |
| Average True Range in percent/ATR (20) | 2.41 | MEDIUM VOLATILITY | The ATR as a percentage value for BFST suggests some volalility. |
| Average Directional Index/ADX (14) | 14.23 | NEGATIVE | The low ADX value for BFST suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
22.81
+0.08 (+0.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.35%
1 Week0%
2 Weeks-2.4%
1 Month-5.78%
3 Month-13.24%
6 Month0.35%
12 Month-12.5%
2 Year16.73%
3 Year-7.95%
5 Year37.33%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.6
ATR(20)%2.41%
ATR Inc48.33%
Range Today0.28
ADR(20)0.54
ADR(20)%2.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.99
Mansfield-1.78
10 Day High24.18
10 Day Low22.56
20 Day High24.54
20 Day Low22.56
52 Week High30.3
52 Week Low20.07
CS1 End22.76
CR1 Start22.9
Volume & EV
DER(3)5.01%
DER(5)4.24%
Volume106.90K
Volume Incr3.64%
Vol(5)103.24K
Vol(50)91.71K