BUSINESS FIRST BANCSHARES (BFST) Technical Analysis
NASDAQ:BFST • US12326C1053
Current stock price
BFST Technical Rating and Analysis
Taking everything into account, BFST scores 1 out of 10 in our technical rating. BFST has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- BFST is part of the Banks industry. There are 381 other stocks in this industry, of which 65% are performing better than BFST.
- In the last month BFST has a been trading in the 25.60 - 29.10 range, which is quite wide. It is currently trading near the lows of this range.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When compared to the yearly performance of all other stocks, BFST outperforms 45% of them, which is more or less in line with the market.
- BFST is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BFST is lagging the market slightly.
- Volume is considerably higher in the last couple of days.
BFST Weekly and Daily overview Charts
BFST Setup Rating and Analysis
BFST has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
BFST Support and Resistance Analysis
22.50
When analyzing the support we can see 2 important areas.
- Support @23.72 from a trend line in the weekly time frame.
- A support zone ranging from 22.73 to 23.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 25.82 to 26.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @29.13 from a horizontal line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for BFST is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BFST is down. |
| ChartMill Relative Strength | 45.81 | NEUTRAL | BFST is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of BFST is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 34.19 | NEUTRAL | The RSI value for BFST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests BFST has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.45 | OVERSOLD | The low Stochastics value suggests BFST may be oversold. |
| Average True Range in percent/ATR (20) | 3.05 | MEDIUM VOLATILITY | The ATR as a percentage value for BFST suggests some volalility. |
| Average Directional Index/ADX (14) | 26.72 | POSITIVE | The high ADX value value for BFST suggests a strong trend. |
BFST Chart- and CandleStick Pattern Analysis
BFST Technicals: Chart, Performance Metrics, Trend & Indicators
25.81
-0.47 (-1.79%)
BUSINESS FIRST BANCSHARES / BFST TA FAQ
What is the ChartMill technical rating of BUSINESS FIRST BANCSHARES (BFST) stock?
ChartMill assigns a technical rating of 1 / 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 Bearish.
What is the RSI signal for BFST stock?
BUSINESS FIRST BANCSHARES (BFST) has an RSI value of 34.1882. This indicates that the stock is currently neutral.
What is the short term momentum for BUSINESS FIRST BANCSHARES (BFST) stock?
The short term momentum for BUSINESS FIRST BANCSHARES (BFST) is negative.
What are the support and resistance levels for BUSINESS FIRST BANCSHARES (BFST) stock?
BUSINESS FIRST BANCSHARES (BFST) has a support level at 23.72 and a resistance level at 25.82. Check the full technical report for our detailed analysis of BFST support and resistance levels.