BANKUNITED INC (BKU) Stock Technical Analysis
USA - NYSE:BKU - US06652K1034 - Common Stock
37.67 USD
-2.35 (-5.87%)
37.67 USD
0 (0%)
We assign a technical rating of 5 out of 10 to BKU. In the last year, BKU was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When compared to the yearly performance of all other stocks, BKU outperforms 53% of them, which is more or less in line with the market.
BKU is an average performer in the Banks industry, it outperforms 61% of 392 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.
In the last month BKU has a been trading in the 37.36 - 40.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
BKU has an average technical rating and it also does not offer a high quality setup 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
31.53
39.39
When analyzing the support we can see 3 important areas.
- A support zone ranging from 37.66 to 37.66. 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.
- Support @31.85 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 37.90 to 39.00. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The short term trend for BKU is neutral. |
| ChartMill Relative Strength | 53.11 | NEUTRAL | BKU is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BKU is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BKU is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BKU is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.09 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 60.74 | NEUTRAL | The Stochastics value for BKU is a neutral value. |
| Average True Range in percent/ATR (20) | 2.97 | MEDIUM VOLATILITY | The ATR as a percentage value for BKU suggests some volalility. |
| Average Directional Index/ADX (14) | 20.32 | NEUTRAL | The ADX value for BKU suggests a possible start of a new 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)
37.67
-2.35 (-5.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-5.87%
1 Week-1.77%
2 Weeks-2.38%
1 Month-4.2%
3 Month1.07%
6 Month27.05%
12 Month2.98%
2 Year72.72%
3 Year4.78%
5 Year49.19%
10 Year1.32%
15 YearN/A
Volatility
ATR(14)1.08
ATR(20)%2.97%
ATR Inc88.09%
Range Today2.7
ADR(20)1.1
ADR(20)%2.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.11
Mansfield-0.65
10 Day High40.5
10 Day Low37.36
20 Day High40.5
20 Day Low37.36
52 Week High44.45
52 Week Low28.21
CS1 End37.66
CR1 Start37.9
Volume & EV
DER(3)-0.23%
DER(5)0.42%
Volume1.11M
Volume Incr86.25%
Vol(5)1.56M
Vol(50)799.78K