BURKE & HERBERT FINANCIAL SE (BHRB) Technical Analysis
NASDAQ:BHRB • US12135Y1082
Current stock price
BHRB Technical Rating and Analysis
Taking everything into account, BHRB scores 1 out of 10 in our technical rating. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- BHRB is one of the lesser performing stocks in the Banks industry. 60% of 380 stocks in the same industry do better.
- BHRB is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- When compared to the yearly performance of all other stocks, BHRB outperforms 63% of them, which is more or less in line with the market.
- BHRB is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BHRB is lagging the market slightly.
BHRB Weekly and Daily overview Charts
BHRB Setup Rating and Analysis
Although the technical rating is bad, BHRB does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 60.59, a Stop Loss order could be placed below this zone.
More info and screens
BHRB Support and Resistance Analysis
46.99
When analyzing the support we can see 4 important areas.
- A support zone ranging from 60.37 to 60.59. 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 @50.13 from a trend line in the weekly time frame.
- Support @47.46 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- 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 | DOWN | NEGATIVE | The long term trend for BHRB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BHRB is down. |
| ChartMill Relative Strength | 63.07 | NEUTRAL | BHRB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BHRB is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BHRB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of BHRB is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.55 | NEUTRAL | The RSI value for BHRB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests BHRB has a positive trend. |
| Stochastics (14,3) | 65.14 | NEUTRAL | The Stochastics value for BHRB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.41 | MEDIUM VOLATILITY | The ATR as a percentage value for BHRB suggests some volalility. |
| Average Directional Index/ADX (14) | 17.48 | 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
62.48
+0.11 (+0.18%)
BURKE & HERBERT FINANCIAL SE / BHRB TA FAQ
What is the technical rating for BHRB stock?
ChartMill assigns a technical rating of 1 / 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 47.5508. 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 0.249688, indicating a bearish trend.
Can you provide the buy/sell signal for BURKE & HERBERT FINANCIAL SE?
The buy/sell signal for BURKE & HERBERT FINANCIAL SE (BHRB) is sell as both the short term and long term trends are negative.