BLUE FOUNDRY BANCORP (BLFY) Stock Technical Analysis
NASDAQ:BLFY - US09549B1044 - Common Stock
We assign a technical rating of 4 out of 10 to BLFY. In the last year, BLFY was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although the technical rating is only medium, BLFY does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 9.52. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 9.20, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
8.30
2 important support areas can be observed.
- A support zone ranging from 8.99 to 9.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.38 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 9.52 to 9.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 9.95 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 | NEUTRAL | NEUTRAL | The long term trend for BLFY is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BLFY is neutral. |
| ChartMill Relative Strength | 19.1 | NEGATIVE | BLFY has a low relative strength, it was outperformed by 80.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BLFY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BLFY is above the rising 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) | 56.45 | NEUTRAL | The RSI value for BLFY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests BLFY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.32 | OVERBOUGHT | The high Stochastics value suggests BLFY may be overbought. |
| Average True Range in percent/ATR (20) | 3.11 | MEDIUM VOLATILITY | The ATR as a percentage value for BLFY suggests some volalility. |
| Average Directional Index/ADX (14) | 17.66 | NEGATIVE | The low ADX value for BLFY suggests a weak or negative trend. |
NASDAQ:BLFY (9/2/2025, 2:25:56 PM)
9.32
+0.03 (+0.32%)