BLUE HILLS BANCORP INC (BHBK) Technical Analysis
NASDAQ:BHBK
Current stock price
BHBK Technical Rating and Analysis
Overall BHBK gets a technical rating of 5 out of 10. BHBK was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- Looking at the yearly performance, BHBK did better than 76% of all other stocks.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- BHBK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BHBK is lagging the market.
- In the last month BHBK has a been trading in the 22.31 - 25.04 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BHBK Weekly and Daily overview Charts
BHBK Setup Rating and Analysis
BHBK has an average technical rating and it also does not offer a high quality setup 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
BHBK Support and Resistance Analysis
20.98
When analyzing the support we can see 4 important areas.
- A support zone ranging from 23.26 to 23.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 22.44 to 22.52. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 21.80 to 21.85. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @21.19 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 24.67 to 25.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
BHBK 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 BHBK is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BHBK is neutral. |
| ChartMill Relative Strength | 76.05 | POSITIVE | BHBK has a high relative strength, it outperformed 76.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BHBK is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BHBK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BHBK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.17 | NEUTRAL | The RSI value for BHBK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests BHBK has a positive trend. |
| Stochastics (14,3) | 83.82 | OVERBOUGHT | The high Stochastics value suggests BHBK may be overbought. |
| Average True Range in percent/ATR (20) | 1.85 | LOW VOLATILITY | The low ATR as a percentage value for BHBK suggests low volalility. |
BHBK Chart- and CandleStick Pattern Analysis
BHBK Technicals: Chart, Performance Metrics, Trend & Indicators
23.9
+0.05 (+0.21%)
BLUE HILLS BANCORP INC / BHBK TA FAQ
What is the ChartMill technical rating of BLUE HILLS BANCORP INC (BHBK) stock?
ChartMill assigns a technical rating of 5 / 10 to BHBK.
Can you provide the trend direction for BLUE HILLS BANCORP INC?
The current trend direction for BLUE HILLS BANCORP INC (BHBK) is Bearish.
What is the RSI signal for BLUE HILLS BANCORP INC (BHBK) stock?
BLUE HILLS BANCORP INC (BHBK) has an RSI value of 54.1737. This indicates that the stock is currently neutral.
What are the support and resistance levels for BLUE HILLS BANCORP INC (BHBK) stock?
BLUE HILLS BANCORP INC (BHBK) has a support level at 23.82 and a resistance level at 24.67. Check the full technical report for our detailed analysis of BHBK support and resistance levels.