BUSINESS FIRST BANCSHARES (BFST) Stock Technical Analysis
USA - NASDAQ:BFST - US12326C1053 - Common Stock
24.15 USD
+0.07 (+0.29%)
24.15 USD
0 (0%)
We assign a technical rating of 1 out of 10 to BFST. BFST scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
76% of all other stocks performed better in the past year than BFST.
BFST is one of the lesser performing stocks in the Banks industry. 86% of 392 stocks in the same industry do better.
In the last month BFST has a been trading in the 23.76 - 25.95 range, which is quite wide. It is currently trading near the lows of this range.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
BFST is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BFST is lagging the market.
BFST has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 23.59, a Stop Loss order could be placed below this zone.
More info and screens
22.40
26.80
When analyzing the support we can see 3 important areas.
- A support zone ranging from 23.57 to 23.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @23.06 from a horizontal line in the daily time frame.
- Support @22.63 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 24.32 to 24.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 25.42 to 25.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 26.29 to 26.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for BFST is neutral. |
| ChartMill Relative Strength | 24.73 | NEGATIVE | BFST has a low relative strength, it was outperformed by 75.27% 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) | 44.98 | NEUTRAL | The RSI value for BFST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests BFST has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.66 | OVERSOLD | The low Stochastics value suggests BFST may be oversold. |
| Average True Range in percent/ATR (20) | 2.26 | MEDIUM VOLATILITY | The ATR as a percentage value for BFST suggests some volalility. |
| Average Directional Index/ADX (14) | 10.64 | 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)
24.15
+0.07 (+0.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.29%
1 Week0.96%
2 Weeks-1.95%
1 Month-4.01%
3 Month-2.11%
6 Month-1.35%
12 Month-4.28%
2 Year28.73%
3 Year12.17%
5 Year61%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.56
ATR(20)%2.26%
ATR Inc-35.83%
Range Today0.43
ADR(20)0.53
ADR(20)%2.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.73
Mansfield-1.38
10 Day High24.94
10 Day Low23.76
20 Day High25.95
20 Day Low23.76
52 Week High30.3
52 Week Low20.07
CS1 End23.59
CR1 Start24.32
Volume & EV
DER(3)0.64%
DER(5)1.44%
Volume86.70K
Volume Incr38.09%
Vol(5)113.78K
Vol(50)90.32K