BERKSHIRE HILLS BANCORP INC (BHLB)

US0846801076 - Common Stock

22.92  +0.13 (+0.57%)

After market: 22.92 0 (0%)

Technical Rating and Analysis

3

We assign a technical rating of 3 out of 10 to BHLB. In the last year, BHLB was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.

When comparing the yearly performance of all stocks, BHLB is a bad performer in the overall market: 77% of all stocks are doing better.
BHLB is one of the lesser performing stocks in the Banks industry. 74% of 415 stocks in the same industry do better.
In the last month BHLB has a been trading in the 20.85 - 23.07 range, which is quite wide. It is currently trading near the high of this range.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
BHLB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BHLB is lagging the market.
Weekly and Daily overview Charts
BHLB Weekly chart
BHLB Daily chart
Setup Rating and Analysis

3

The technical rating of BHLB is bad and it also does not present a 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.

Support and Resistance Analysis

18.79

25.73

4 important support areas can be observed.

  • A support zone ranging from 22.01 to 22.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 21.41 to 21.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 20.84 to 20.92. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @18.98 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 25.03 to 25.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.45
Mansfield-0.96
10 Day High23.07
10 Day Low21.34
20 Day High23.07
20 Day Low20.85
52 Week High25.79
52 Week Low18.07
Performance
1 Week2.14%
2 Weeks6.8%
1 Month6.65%
3 Month-7.69%
6 Month14.31%
12 Month-8.54%
2 Year-20.88%
3 Year2.69%
5 Year-15.86%
10 Year-11.44%
15 Year0%
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)
Technical Indicators
MACD(12,26,9)0.15
RSI(14)58.07
LBB21.28
UBB22.96
BHLB Daily chart

BERKSHIRE HILLS BANCORP INC

NYSE:BHLB (3/28/2024, 8:04:00 PM)

After market: 22.92 0 (0%)

22.92

+0.13 (+0.57%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.57%
1 Week2.14%
2 Weeks6.8%
1 Month6.65%
3 Month-7.69%
6 Month14.31%
12 Month-8.54%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.53
ATR(20)%2.55%
ATR Inc
Range Today0.42
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High23.07
10 Day Low21.34
20 Day High23.07
20 Day Low20.85
52 Week High25.79
52 Week Low18.07
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume194.40K
Volume Incr-33.69%
Vol(5)179.70K
Vol(50)261.08K