BLUE HILLS BANCORP INC (BHBK) Stock Technical Analysis
NASDAQ:BHBK - Nasdaq -
We assign a technical rating of 5 out of 10 to BHBK. 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.
When comparing the yearly performance of all stocks, we notice that BHBK is one of the better performing stocks in the market, outperforming 76% of all 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 trading in the upper part of its 52 week range, so BHBK is lagging the market slightly.
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 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
20.98
25.50
We found 4 important support 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.
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. |
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)
23.9
+0.05 (+0.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.21%
1 Week6.84%
2 Weeks0.63%
1 Month-4.29%
3 Month12.52%
6 Month-0.83%
12 Month14.63%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.46
ATR(20)%1.85%
ATR Inc-8.01%
Range Today0.42
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.05
Mansfield0.26
10 Day High23.98
10 Day Low22.31
20 Day High25.04
20 Day Low22.31
52 Week High25.8
52 Week Low20
CS1 End23.82
CR1 Start24.67
Volume & EV
DER(3)11.34%
DER(5)9.5%
Volume850.20K
Volume Incr105.52%
Vol(5)272.26K
Vol(50)150.20K