BAR HARBOR BANKSHARES (BHB) Stock Technical Analysis
USA - NYSEARCA:BHB - US0668491006 - Common Stock
30.15 USD
-0.38 (-1.24%)
30.15 USD
0 (0%)
We assign a technical rating of 0 out of 10 to BHB. BHB'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.
When comparing the yearly performance of all stocks, BHB is a bad performer in the overall market: 70% of all stocks are doing better.
BHB is part of the Banks industry. There are 392 other stocks in this industry, of which 71% are performing better than BHB.
In the last month BHB has a been trading in the 29.76 - 32.97 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.
BHB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BHB is lagging the market.
Although the technical rating is bad, BHB does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 29.40, a Stop Loss order could be placed below this zone.
More info and screens
28.19
33.77
We found 2 important support areas.
- A support zone ranging from 29.03 to 29.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 28.47 to 28.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 30.59 to 31.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 32.01 to 32.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @33.44 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 | NEUTRAL | NEUTRAL | The long term trend for BHB is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BHB is down. |
| ChartMill Relative Strength | 30.41 | NEUTRAL | BHB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BHB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BHB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BHB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.8 | NEUTRAL | The RSI value for BHB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests BHB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.6 | OVERSOLD | The low Stochastics value suggests BHB may be oversold. |
| Average True Range in percent/ATR (20) | 3.04 | MEDIUM VOLATILITY | The ATR as a percentage value for BHB suggests some volalility. |
| Average Directional Index/ADX (14) | 9.82 | NEGATIVE | The low ADX value for BHB 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)
30.15
-0.38 (-1.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.24%
1 Week-1.02%
2 Weeks-4.1%
1 Month-4.86%
3 Month-4.1%
6 Month8.53%
12 Month0.33%
2 Year20.5%
3 Year0.47%
5 Year47.65%
10 Year27.93%
15 Year149.49%
Volatility
ATR(14)0.91
ATR(20)%3.04%
ATR Inc-31.12%
Range Today0.81
ADR(20)0.89
ADR(20)%2.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.41
Mansfield-1.32
10 Day High31.8
10 Day Low29.76
20 Day High32.97
20 Day Low29.76
52 Week High38.47
52 Week Low26.43
CS1 End29.4
CR1 Start30.59
Volume & EV
DER(3)-2.29%
DER(5)-1.88%
Volume32.10K
Volume Incr-31.81%
Vol(5)39.20K
Vol(50)51.89K