BLUE FOUNDRY BANCORP (BLFY) Stock Technical Analysis
NASDAQ:BLFY - Nasdaq - US09549B1044 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to BLFY. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, BLFY is a bad performer in the overall market: 68% of all stocks are doing better.
BLFY is part of the Banks industry. There are 396 other stocks in this industry, of which 89% are performing better than BLFY.
BLFY is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BLFY is lagging the market.
In the last month BLFY has a been trading in the 8.61 - 10.22 range, which is quite wide. It is currently trading near the lows of this range.
BLFY has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 8.67, a Stop Loss order could be placed below this zone.
More info and screens
8.35
11.51
When analyzing the support we notice one important area.
- A support zone ranging from 8.43 to 8.67. 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 8.91 to 9.03. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 9.20 to 9.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 9.84 to 10.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.40 from a horizontal 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 | 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 | 32.85 | NEUTRAL | BLFY is not amongst the best or worst performers 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) | 35.24 | NEUTRAL | The RSI value for BLFY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests BLFY has a negative trend. |
| Stochastics (14,3) | 24.6 | NEUTRAL | The Stochastics value for BLFY is a neutral value. |
| Average True Range in percent/ATR (20) | 2.88 | MEDIUM VOLATILITY | The ATR as a percentage value for BLFY suggests some volalility. |
| Average Directional Index/ADX (14) | 32.4 | 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)
8.72
-0.16 (-1.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.8%
1 Week-3.22%
2 Weeks-3.75%
1 Month-14.51%
3 Month-6.24%
6 Month-17.74%
12 Month0.11%
2 Year-13.75%
3 Year-27.27%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%2.88%
ATR Inc16.84%
Range Today0.21
ADR(20)0.24
ADR(20)%2.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.85
Mansfield-1.55
10 Day High9.21
10 Day Low8.61
20 Day High10.22
20 Day Low8.61
52 Week High11.48
52 Week Low8.3
CS1 End8.67
CR1 Start8.91
Volume & EV
DER(3)-3.96%
DER(5)0.79%
Volume109.60K
Volume Incr13.11%
Vol(5)54.74K
Vol(50)53.77K