BERKSHIRE HILLS BANCORP INC (BHLB) Stock Technical Analysis
NYSE:BHLB - New York Stock Exchange, Inc. - US0846801076 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to BHLB. BHLB 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 BHLB.
BHLB is part of the Banks industry. There are 392 other stocks in this industry, of which 83% are performing better than BHLB.
BHLB is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month BHLB has a been trading in the 23.90 - 27.11 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
The technical rating of BHLB is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
22.67
27.31
We found 2 important support areas.
- Support @23.78 from a trend line in the weekly time frame.
- A support zone ranging from 22.90 to 22.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @24.39 from a trend line in the daily time frame.
- A resistance zone ranging from 25.38 to 25.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 25.96 to 27.04. This zone is formed by a combination of multiple trend lines and important moving averages 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 BHLB is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BHLB is down. |
| ChartMill Relative Strength | 24.69 | NEGATIVE | BHLB has a low relative strength, it was outperformed by 75.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BHLB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BHLB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BHLB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.66 | NEUTRAL | The RSI value for BHLB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.25 | NEGATIVE | The MACD value suggests BHLB has a negative trend. |
| Stochastics (14,3) | 10.31 | OVERSOLD | The low Stochastics value suggests BHLB may be oversold. |
| Average True Range in percent/ATR (20) | 2.46 | MEDIUM VOLATILITY | The ATR as a percentage value for BHLB suggests some volalility. |
| Average Directional Index/ADX (14) | 18.88 | NEGATIVE | The low ADX value for BHLB 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)
NYSE:BHLB (8/4/2025, 11:55:20 AM)
24.33
-0.01 (-0.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.04%
1 Week-5.18%
2 Weeks-7.87%
1 Month-9.99%
3 Month-4.96%
6 Month-17.24%
12 Month-6.2%
2 Year16.46%
3 Year-13.72%
5 Year165.14%
10 Year-13.01%
15 Year37.67%
Volatility
ATR(14)0.6
ATR(20)%2.46%
ATR Inc15.39%
Range Today0.3
ADR(20)0.58
ADR(20)%2.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.69
Mansfield-1.55
10 Day High26.66
10 Day Low23.9
20 Day High27.11
20 Day Low23.9
52 Week High32.36
52 Week Low22.27
CS1 End23.78
CR1 Start24.39
Volume & EV
DER(3)0.91%
DER(5)1.29%
Volume54.28K
Volume Incr-19.91%
Vol(5)394.58K
Vol(50)460.34K