BURKE & HERBERT FINANCIAL SE (BHRB) Stock Technical Analysis
USA - NASDAQ:BHRB - US12135Y1082 - Common Stock
60.18 USD
+1.43 (+2.43%)
60.18 USD
0 (0%)
Overall BHRB gets a technical rating of 1 out of 10. BHRB's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
73% of all other stocks performed better in the past year than BHRB.
BHRB is one of the lesser performing stocks in the Banks industry. 73% of 391 stocks in the same industry do better.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
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.
In the last month BHRB has a been trading in the 57.42 - 64.32 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BHRB has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 60.39. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 58.01, a Stop Loss order could be placed below this zone.
More info and screens
46.99
65.98
When analyzing the support we can see 4 important areas.
- A support zone ranging from 57.57 to 58.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @56.61 from a horizontal line in the daily time frame.
- Support @55.38 from a horizontal line in the daily 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 60.39 to 61.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 64.32 to 65.33. 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 BHRB is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BHRB is down. |
| ChartMill Relative Strength | 27.18 | NEGATIVE | BHRB has a low relative strength, it was outperformed by 72.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BHRB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BHRB is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BHRB is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.5 | NEUTRAL | The RSI value for BHRB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests BHRB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 32.06 | NEUTRAL | The Stochastics value for BHRB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.9 | MEDIUM VOLATILITY | The ATR as a percentage value for BHRB suggests some volalility. |
| Average Directional Index/ADX (14) | 13.18 | NEGATIVE | The low ADX value for BHRB 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)
60.18
+1.43 (+2.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg2.43%
1 Week1.48%
2 Weeks-2.24%
1 Month-3.76%
3 Month-4.25%
6 Month16.83%
12 Month-3.19%
2 Year34.54%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.85
ATR(20)%2.9%
ATR Inc-38.75%
Range Today0.91
ADR(20)1.68
ADR(20)%2.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.18
Mansfield-1.09
10 Day High62.2
10 Day Low57.42
20 Day High64.32
20 Day Low57.42
52 Week High75.32
52 Week Low47.57
CS1 End58.01
CR1 Start60.39
Volume & EV
DER(3)-0.07%
DER(5)0.41%
Volume39.20K
Volume Incr11.48%
Vol(5)49.44K
Vol(50)44.94K