BERKSHIRE HILLS BANCORP INC (BHLB) Stock Technical Analysis
NYSE:BHLB - New York Stock Exchange, Inc. - US0846801076 - Common Stock - Currency: USD
Taking everything into account, BHLB scores 1 out of 10 in our technical rating. BHLB has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
BHLB is one of the lesser performing stocks in the Banks industry. 62% of 398 stocks in the same industry do better.
When comparing the performance of all stocks over the past year, BHLB turns out to be only a medium performer in the overall market: it outperformed 58% of all stocks.
BHLB is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month BHLB has a been trading in the 22.27 - 26.64 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BHLB has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 22.90, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BHLB in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
22.67
31.63
When analyzing the support we notice one important area.
- 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 5 important areas.
- A resistance zone ranging from 24.69 to 25.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @28.04 from a horizontal line in the daily time frame.
- Resistance @28.88 from a trend line in the weekly time frame.
- Resistance @29.38 from a trend line in the daily time frame.
- Resistance @31.32 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.48
Mansfield-0.4
10 Day High25.13
10 Day Low22.41
20 Day High26.64
20 Day Low22.27
52 Week High32.36
52 Week Low20.76
Performance
1 Week4.44%
2 Weeks7.4%
1 Month-7.29%
3 Month-12.85%
6 Month-8.52%
12 Month11.67%
2 Year16.03%
3 Year-0.24%
5 Year44.84%
10 Year-11.89%
15 Year17.52%
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)0.25
RSI(14)49.34
LBB22.45
UBB24.98
24.68
-0.4 (-1.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.59%
1 Week4.44%
2 Weeks7.4%
1 Month-7.29%
3 Month-12.85%
6 Month-8.52%
12 Month11.67%
2 Year16.03%
3 Year-0.24%
5 Year44.84%
10 Year-11.89%
15 Year17.52%
Volatility
ATR(14)1.06
ATR(20)%4.17%
ATR Inc-15.57%
Range Today0.62
ADR(20)0.89
ADR(20)%3.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.48
Mansfield-0.4
10 Day High25.13
10 Day Low22.41
20 Day High26.64
20 Day Low22.27
52 Week High32.36
52 Week Low20.76
CS1 End22.9
CR1 Start24.69
Volume & EV
DER(3)5.48%
DER(5)3.84%
Volume537.40K
Volume Incr-10.61%
Vol(5)561.40K
Vol(50)574.85K