BAR HARBOR BANKSHARES (BHB) Technical Analysis
NYSEARCA:BHB • US0668491006
Current stock price
BHB Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to BHB. BHB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 63% of all other stocks performed better in the past year than BHB.
- BHB is part of the Banks industry. There are 381 other stocks in this industry, of which 71% are performing better than BHB.
- In the last month BHB has a been trading in the 30.21 - 35.88 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 trading in the upper part of its 52 week range, so BHB is lagging the market slightly.
- Volume is considerably higher in the last couple of days.
BHB Weekly and Daily overview Charts
BHB Setup Rating and Analysis
BHB has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
BHB Support and Resistance Analysis
28.19
When analyzing the support we can see 3 important areas.
- Support @30.80 from a horizontal line in the daily time frame.
- Support @29.93 from a trend line in the weekly time frame.
- 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.
We can see 3 important resistance areas.
- A resistance zone ranging from 32.58 to 33.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 35.61 to 35.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @36.57 from a horizontal line in the weekly time frame.
BHB 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 BHB is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BHB is down. |
| ChartMill Relative Strength | 37.13 | 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) | UP | MIXED | The current price of BHB is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 34.74 | NEUTRAL | The RSI value for BHB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.27 | NEGATIVE | The MACD value suggests BHB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.11 | NEUTRAL | The Stochastics value for BHB is a neutral value. |
| Average True Range in percent/ATR (20) | 3.61 | MEDIUM VOLATILITY | The ATR as a percentage value for BHB suggests some volalility. |
| Average Directional Index/ADX (14) | 22.57 | NEUTRAL | The ADX value for BHB suggests a possible start of a new trend. |
BHB Chart- and CandleStick Pattern Analysis
BHB Technicals: Chart, Performance Metrics, Trend & Indicators
31.17
+0.03 (+0.1%)
BAR HARBOR BANKSHARES / BHB TA FAQ
What is the ChartMill technical rating of BAR HARBOR BANKSHARES (BHB) stock?
ChartMill assigns a technical rating of 0 / 10 to BHB.
What is the trend direction for BHB stock?
The current trend direction for BAR HARBOR BANKSHARES (BHB) is Bearish.
What is the RSI signal for BHB stock?
BAR HARBOR BANKSHARES (BHB) has an RSI value of 34.7393. This indicates that the stock is currently neutral.
What is the MACD signal for BAR HARBOR BANKSHARES (BHB) stock?
The MACD indicator for BAR HARBOR BANKSHARES (BHB) has a value of -0.273458, indicating a bearish trend.
What is the short term momentum for BHB stock?
The short term momentum for BAR HARBOR BANKSHARES (BHB) is negative.