BANK MUTUAL CORP NEW (BKMU) Stock Technical Analysis
NASDAQ:BKMU - Nasdaq - US0637501034
Overall BKMU gets a technical rating of 3 out of 10. In the last year, BKMU was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
In the last month BKMU has a been trading in the 10.20 - 11.30 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When compared to the yearly performance of all other stocks, BKMU outperforms 56% of them, which is more or less in line with the market.
BKMU 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 BKMU is lagging the market slightly.
Volume is considerably higher in the last couple of days.
BKMU has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 10.39, a Stop Loss order could be placed below this zone.
More info and screens
8.46
11.32
3 important support areas can be observed.
- A support zone ranging from 10.39 to 10.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.26 from a trend line in the weekly time frame.
- Support @8.55 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 10.59 to 10.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 11.16 to 11.21. 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 | UP | POSITIVE | The long term trend for BKMU is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BKMU is down. |
| ChartMill Relative Strength | 56.47 | NEUTRAL | BKMU is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BKMU is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BKMU is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BKMU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.92 | NEUTRAL | The RSI value for BKMU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests BKMU has a negative trend. |
| Stochastics (14,3) | 27.27 | NEUTRAL | The Stochastics value for BKMU is a neutral value. |
| Average True Range in percent/ATR (20) | 2.56 | MEDIUM VOLATILITY | The ATR as a percentage value for BKMU suggests some volalility. |
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)
10.4
-0.05 (-0.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.48%
1 Week-3.26%
2 Weeks-5.88%
1 Month-1.89%
3 Month-0.95%
6 Month7.22%
12 Month6.67%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.28
ATR(20)%2.56%
ATR Inc1.75%
Range Today0.25
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.47
Mansfield-0.64
10 Day High11.15
10 Day Low10.2
20 Day High11.3
20 Day Low10.2
52 Week High11.3
52 Week Low8.6
CS1 End10.39
CR1 Start10.59
Volume & EV
DER(3)-18.58%
DER(5)-11.01%
Volume634.00K
Volume Incr231.45%
Vol(5)317.58K
Vol(50)156.22K