BANKUNITED INC (BKU) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BKU - US06652K1034 - Common Stock
Overall BKU gets a technical rating of 8 out of 10. Both in the recent history as in the last year, BKU has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, BKU also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 45.83. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 45.36, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
35.98
When analyzing the support we can see 5 important areas.
- A support zone ranging from 44.56 to 45.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 43.00 to 43.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @39.15 from a trend line in the weekly time frame.
- A support zone ranging from 37.88 to 38.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @36.34 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 45.83 to 46.28. 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 BKU is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BKU is up. |
| ChartMill Relative Strength | 80.88 | POSITIVE | BKU has a high relative strength, it outperformed 80.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BKU is above a declining 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) | UP | POSITIVE | The current price of BKU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.66 | NEUTRAL | The RSI value for BKU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests BKU has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 63.25 | NEUTRAL | The Stochastics value for BKU is a neutral value. |
| Average True Range in percent/ATR (20) | 1.98 | LOW VOLATILITY | The low ATR as a percentage value for BKU suggests low volalility. |
| Average Directional Index/ADX (14) | 31.07 | POSITIVE | The high ADX value value for BKU suggests a strong trend. |
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 |
|---|---|---|---|
| 46.29 | 44.55 | 1.74 (3.76%) | 25.00% |
| An entry @46.29. This is a Buy Stop order right above the resistance zone. | An exit @44.55. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.74 points, which is 3.76%. | For a 0.94% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
45.39
-0.31 (-0.68%)
BANKUNITED INC / BKU FAQ
What is the technical rating for BKU stock?
ChartMill assigns a technical rating of 8 / 10 to BKU.
Can you provide the trend direction for BANKUNITED INC?
The current trend direction for BANKUNITED INC (BKU) is Bullish.
Can you provide the RSI signal for BANKUNITED INC?
BANKUNITED INC (BKU) has an RSI value of 58.66. This indicates that the stock is currently neutral.
What is the MACD signal for BANKUNITED INC (BKU) stock?
The MACD indicator for BANKUNITED INC (BKU) has a value of -0.147411, indicating a bearish trend.
Can you provide the support and resistance levels for BANKUNITED INC?
BANKUNITED INC (BKU) has a support level at 45.36 and a resistance level at 45.83. Check the full technical report for our detailed analysis of BKU support and resistance levels.