BURKE & HERBERT FINANCIAL SE (BHRB) Technical Analysis
NASDAQ:BHRB • US12135Y1082
Current stock price
BHRB Technical Rating and Analysis
Overall BHRB gets a technical rating of 3 out of 10. BHRB 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.
- BHRB is one of the lesser performing stocks in the Banks industry. 68% of 376 stocks in the same industry do better.
- In the last month BHRB has a been trading in the 61.75 - 67.17 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When comparing the performance of all stocks over the past year, BHRB turns out to be only a medium performer in the overall market: it outperformed 50% of all stocks.
- BHRB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BHRB is lagging the market.
- Volume is considerably higher in the last couple of days.
BHRB Weekly and Daily overview Charts
BHRB Setup Rating and Analysis
BHRB has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
BHRB Support and Resistance Analysis
46.99
When analyzing the support we can see 5 important areas.
- A support zone ranging from 63.82 to 64.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 60.37 to 61.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @58.86 from a horizontal line in the daily time frame.
- Support @50.24 from a trend line in the weekly time frame.
- Support @47.46 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 64.74 to 65.53. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 68.72 to 69.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
BHRB 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 BHRB is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BHRB is neutral. |
| ChartMill Relative Strength | 50.12 | NEUTRAL | BHRB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BHRB is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BHRB is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BHRB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.41 | NEUTRAL | The RSI value for BHRB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests BHRB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 44.96 | NEUTRAL | The Stochastics value for BHRB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.27 | MEDIUM VOLATILITY | The ATR as a percentage value for BHRB suggests some volalility. |
| Average Directional Index/ADX (14) | 16.24 | NEGATIVE | The low ADX value for BHRB suggests a weak or negative trend. |
BHRB Chart- and CandleStick Pattern Analysis
BHRB Technicals: Chart, Performance Metrics, Trend & Indicators
64.64
+0.33 (+0.51%)
BURKE & HERBERT FINANCIAL SE / BHRB TA FAQ
What is the technical rating for BHRB stock?
ChartMill assigns a technical rating of 3 / 10 to BHRB.
What is the trend direction for BHRB stock?
The current trend direction for BURKE & HERBERT FINANCIAL SE (BHRB) is Bearish.
What is the RSI signal for BURKE & HERBERT FINANCIAL SE (BHRB) stock?
BURKE & HERBERT FINANCIAL SE (BHRB) has an RSI value of 52.4055. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BURKE & HERBERT FINANCIAL SE?
The MACD indicator for BURKE & HERBERT FINANCIAL SE (BHRB) has a value of -0.100135, indicating a bearish trend.