BLUE FOUNDRY BANCORP (BLFY) Stock Technical Analysis
NASDAQ:BLFY - Nasdaq - US09549B1044 - Common Stock - Currency: USD
Overall BLFY gets a technical rating of 0 out of 10. BLFY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
86% of all other stocks performed better in the past year than BLFY.
BLFY is part of the Banks industry. There are 393 other stocks in this industry, of which 93% are performing better than BLFY.
BLFY is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month BLFY has a been trading in the 8.89 - 10.00 range, which is quite wide. It is currently trading near the lows of this range.
Although the technical rating is bad, BLFY does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
8.35
10.31
We found 2 important support areas.
- Support @8.74 from a trend line in the weekly time frame.
- A support zone ranging from 8.43 to 8.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 9.30 to 9.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 9.74 to 10.21. 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 | DOWN | NEGATIVE | The long term trend for BLFY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BLFY is down. |
| ChartMill Relative Strength | 14.49 | NEGATIVE | BLFY has a low relative strength, it was outperformed by 85.51% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BLFY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BLFY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BLFY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.83 | NEUTRAL | The RSI value for BLFY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests BLFY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.08 | OVERSOLD | The low Stochastics value suggests BLFY may be oversold. |
| Average True Range in percent/ATR (20) | 2.99 | MEDIUM VOLATILITY | The ATR as a percentage value for BLFY suggests some volalility. |
| Average Directional Index/ADX (14) | 32.09 | POSITIVE | The high ADX value value for BLFY suggests a strong 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)
9.05
+0.08 (+0.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.89%
1 Week-0.66%
2 Weeks-3.52%
1 Month-5.83%
3 Month-2.16%
6 Month-5.63%
12 Month-20.61%
2 Year-11.36%
3 Year-22.85%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%2.99%
ATR Inc-29.02%
Range Today0.18
ADR(20)0.27
ADR(20)%2.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.49
Mansfield-1.63
10 Day High9.54
10 Day Low8.89
20 Day High10
20 Day Low8.89
52 Week High11.48
52 Week Low8.34
CS1 End8.74
CR1 Start9.3
Volume & EV
DER(3)0.62%
DER(5)-0.61%
Volume36.60K
Volume Incr-33.29%
Vol(5)37.68K
Vol(50)50.56K