BANKUNITED INC (BKU) Stock Technical Analysis
NYSE:BKU - New York Stock Exchange, Inc. - US06652K1034 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to BKU. BKU 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.
In the last month BKU has a been trading in the 32.97 - 36.51 range, which is quite wide. It is currently trading near the lows of this range.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, BKU outperforms 66% of them, which is more or less in line with the market.
BKU is an average performer in the Banks industry, it outperforms 45% of 396 stocks in the same industry.
BKU 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 BKU is lagging the market slightly.
Although the technical rating is bad, BKU does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. 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
29.19
38.75
2 important support areas can be observed.
- Support @30.41 from a trend line in the weekly time frame.
- A support zone ranging from 29.48 to 29.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 34.43 to 34.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 35.69 to 35.74. This zone is formed by a combination of multiple trend lines 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.
- Resistance @38.37 from a trend line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The short term trend for BKU is neutral. |
| ChartMill Relative Strength | 66.62 | NEUTRAL | BKU is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BKU is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BKU is above a declining 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) | 47.66 | NEUTRAL | The RSI value for BKU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests BKU has a negative trend. |
| Stochastics (14,3) | 23 | NEUTRAL | The Stochastics value for BKU is a neutral value. |
| Average True Range in percent/ATR (20) | 2.67 | MEDIUM VOLATILITY | The ATR as a percentage value for BKU suggests some volalility. |
| Average Directional Index/ADX (14) | 16.88 | 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)
33.98
-0.4 (-1.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.16%
1 Week-1.31%
2 Weeks-6.37%
1 Month2.29%
3 Month-9.58%
6 Month-19.23%
12 Month18.44%
2 Year79.6%
3 Year-18.43%
5 Year83.87%
10 Year1.16%
15 YearN/A
Volatility
ATR(14)0.89
ATR(20)%2.67%
ATR Inc-37.29%
Range Today0.56
ADR(20)0.76
ADR(20)%2.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.62
Mansfield-0.82
10 Day High36.51
10 Day Low33.44
20 Day High36.51
20 Day Low32.97
52 Week High44.45
52 Week Low26.78
CS1 End30.41
CR1 Start34.43
Volume & EV
DER(3)-0.31%
DER(5)0.64%
Volume1.07M
Volume Incr-8.17%
Vol(5)775.92K
Vol(50)894.05K