BANKUNITED INC (BKU) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BKU - US06652K1034 - Common Stock
Overall BKU gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BKU is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- BKU is one of the better performing stocks in the Banks industry, it outperforms 81% of 383 stocks in the same industry.
- BKU is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month BKU has a been trading in the 43.87 - 47.16 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the yearly performance of all stocks, we notice that BKU is one of the better performing stocks in the market, outperforming 84% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Although BKU has an excellent technical rating, it does not present a decent entry opportunity 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
35.98
When analyzing the support we can see 4 important areas.
- A support zone ranging from 44.42 to 45.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @39.40 from a trend line in the weekly time frame.
- A support zone ranging from 38.02 to 38.17. 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 47.09 to 47.09. 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 | 84.3 | POSITIVE | BKU has a high relative strength, it outperformed 84.3% 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) | UP | POSITIVE | The current price of BKU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.82 | NEUTRAL | The RSI value for BKU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests BKU has a positive trend. |
| Stochastics (14,3) | 80.74 | OVERBOUGHT | The high Stochastics value suggests BKU may be overbought. |
| Average True Range in percent/ATR (20) | 2.02 | MEDIUM VOLATILITY | The ATR as a percentage value for BKU suggests some volalility. |
| Average Directional Index/ADX (14) | 30.44 | POSITIVE | The high ADX value value for BKU suggests a strong trend. |
47.08
+0.39 (+0.84%)
BANKUNITED INC / BKU FAQ
What is the technical rating for BKU stock?
ChartMill assigns a technical rating of 9 / 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 67.8182. 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 0.0328121, indicating a bearish trend.
Can you provide the support and resistance levels for BANKUNITED INC?
BANKUNITED INC (BKU) has a support level at 45.49 and a resistance level at 47.09. Check the full technical report for our detailed analysis of BKU support and resistance levels.