BANKUNITED INC (BKU) Stock Technical Analysis
NYSE:BKU - New York Stock Exchange, Inc. - US06652K1034 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to BKU. In the past year, BKU was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month BKU has a been trading in the 33.06 - 36.06 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, BKU did better than 74% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
BKU is an average performer in the Banks industry, it outperforms 59% of 395 stocks in the same industry.
BKU is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BKU is lagging the market.
BKU has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
30.54
36.70
3 important support areas can be observed.
- A support zone ranging from 33.55 to 34.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @32.71 from a horizontal line in the daily time frame.
- Support @30.85 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @35.74 from a horizontal line in the daily time frame.
- A resistance zone ranging from 36.34 to 36.34. 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 BKU is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BKU is up. |
| ChartMill Relative Strength | 74.06 | POSITIVE | BKU has a high relative strength, it outperformed 74.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BKU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BKU is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BKU is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.9 | NEUTRAL | The RSI value for BKU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests BKU has a positive trend. |
| Stochastics (14,3) | 76.67 | NEUTRAL | The Stochastics value for BKU is a neutral value. |
| Average True Range in percent/ATR (20) | 2.29 | MEDIUM VOLATILITY | The ATR as a percentage value for BKU suggests some volalility. |
| Average Directional Index/ADX (14) | 13.09 | NEGATIVE | The low ADX value for BKU 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 35.75 | 33.32 | 2.43 (6.81%) | 14.68% |
| An entry @35.75. This is a Buy Stop order right above the resistance zone. | An exit @33.32. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.43 points, which is 6.81%. | When investing 14.68% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
35.64
+0.13 (+0.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.37%
1 Week5.47%
2 Weeks2.65%
1 Month3.66%
3 Month4.45%
6 Month-7.21%
12 Month21.76%
2 Year65.38%
3 Year0.2%
5 Year76%
10 Year-0.81%
15 YearN/A
Volatility
ATR(14)0.81
ATR(20)%2.29%
ATR Inc1.16%
Range Today0.67
ADR(20)0.74
ADR(20)%2.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.06
Mansfield-0.83
10 Day High36.06
10 Day Low33.33
20 Day High36.06
20 Day Low33.06
52 Week High44.45
52 Week Low28.21
CS1 End34.45
CR1 Start35.74
Volume & EV
DER(3)-1.71%
DER(5)-1.33%
Volume1.34M
Volume Incr34.76%
Vol(5)1.01M
Vol(50)857.28K